Ready in October! A masterful blend of architecture, craftsmanship,
and curated design, this custom Homes By Dickerson green-certified
home is situated on a 1.25-acre homesite in Bronze Leaf, the final
phase of Croasdaile Farm. Thoughtfully designed for both elegant
entertaining and everyday comfort, this remarkable residence offers
first-floor primary & guest suites, dedicated study, 3-car garage,
and finished walkout basement. The stunning chef's kitchen
showcases a JennAir 48" dual-fuel professional range, 42-inch
integrated refrigerator, custom cabinetry, oversized island,
working scullery, and exceptional designer finishes throughout.
Expansive gathering spaces flow effortlessly to the
retractable-screened porch and outdoor living areas. The walkout
basement is a destination unto itself, complete with a wet bar,
recreation/media room, exercise studio, abundant storage, and
direct access to the covered patio & outdoor kitchen, stone fire
pit, and saltwater pool and hot tub. Distinctive details include
site-finished engineered white oak flooring, stained cedar accents,
custom built-ins, designer lighting, polished nickel fixtures,
coffered ceilings, designer wallpaper, and a luxurious primary bath
with a freestanding tub. Located in sought-after Croasdaile Farm,
residents enjoy a bucolic setting with scenic walking trails, lake
amenities, a community pavilion, and convenient access to Duke,
Downtown Durham, RTP and RDU Airport. Golf, racquet sports & swim
memberships available nearby at CCCC. Detailed specs, design
renderings & private tours available upon request.
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.
Appliances: Built-In Refrigerator, Dishwasher, Disposal, Double Oven, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Exhaust Fan, Free-Standing Gas Range, Free-Standing Range, Gas Range, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Wine Cooler
Flooring Type: Carpet, Hardwood, Tile
Door Features: ENERGY STAR Qualified Doors, Sliding Doors
Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
Rooms: 19
Has Fireplace
Fireplace Features: Family Room, Gas Log, Outside, Sealed Combustion
Patio and Porch Features: Covered, Front Porch, Porch, Screened, Side Porch
Pool Features: Fenced, In Ground, Outdoor Pool, Private, Salt Water
Pool is Private
Lot Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Landscaped, Many Trees, Near Golf Course, Pie Shaped Lot, Sprinklers In Front, Sprinklers In Rear, Hardwood Trees
Lot Size Area: 1.25
Lot Size Units: Acres
Lot Size Acres: 1.25
Lot Size Square Feet: 54450
Lot Size Dimensions: See plat map
Water Source: Public
Financial Details
Tax Assessed Value: $375,000
Tax Annual Amount: $3,717
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment, Gas, Heat Pump, Zoned
Heating Type: Central, ENERGY STAR Qualified Equipment, Fireplace(s), Forced Air, Heat Pump, Natural Gas, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Storm Water Maintenance
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