1203 Cosmic Drive
About This Property
Welcome to Stella View by Lennar - Durham's newest community, nestled among mature woodlands and conveniently located just minutes from Highway 70.
Discover the Tryon floor plan, a thoughtfully designed home offering plenty of space to live, work, and entertain. The main level features a private study with French doors, a formal dining room, and a spacious great room that flows seamlessly into the breakfast nook and gourmet kitchen. The kitchen is a chef's dream with 42'' cabinetry, granite countertops, tile backsplash, and stainless steel appliances.
Step outside to enjoy a screened porch and grilling patio - perfect for relaxing or entertaining outdoors. A guest suite with a full bath and walk-in shower is also located on the main floor for added convenience.
Upstairs, retreat to a luxurious owner's suite with a spa-inspired bathroom and generous walk-in closet. Three additional bedrooms, a game room, and a full laundry room with sink complete the second level. One of the secondary bedrooms features its own en-suite bathroom, ideal for guests.
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.
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Cap Rate Calculator
What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| May 29, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Listed by Lennar Carolinas LLC | $539,560 | |
| Listed by Lennar Carolinas LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017