Recently Completed! - buy now for Fall Closing!! Welcome to Stella
View by Lennar -- Durham's newest community, nestled among mature
woodlands and conveniently located just minutes from Highway 70.
Discover the Landrum - a beautifully designed two-story home
that blends classic charm with modern elegance. Upon entry, you're
welcomed by a formal dining room, perfect for hosting dinners and
celebrations. The open-concept living area features a gourmet
kitchen with 42'' cabinets, a stylish tile backsplash, and
stainless steel appliances--all seamlessly connecting to a screened
porch and patio for indoor-outdoor living. A private guest bedroom
on the main floor offers ideal accommodations for visitors.
Upstairs, enjoy a spacious game room that's perfect for
entertaining, along with three secondary bedrooms and a luxurious
owner's suite complete with a private bathroom. This thoughtfully
designed home has room for everyone and every occasion. This
home is currently under construction. Photos and virtual tours are
for illustrative purposes only. Final finishes and features may
vary. Enjoy low-maintenance living with durable vinyl siding
and a peaceful setting in one of Durham's most exciting new
communities. Take advantage of premium community amenities,
including a sparkling pool with cabana, a dog park, tot lot, play
lawn, and an all-weather trail--ideal for active and relaxed
lifestyles alike. Photos are for illustration only; features and
options can vary.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017