13 Cedar Hill Drive
About This Property
Tucked away on a quiet, closed-end street, this beautifully maintained home offers a flexible floor plan and timeless finishes. Enjoy the warmth of hardwood floors throughout the main level, with LVP flooring upstairs and tile in all bathrooms-no carpet anywhere! The spacious first-floor main suite can also serve as the perfect home office. Relax or entertain in the huge family room featuring a cozy fireplace and French doors that open to a private, fenced yard with deck and storage shed.
Located in the desirable Woodlake community with trails around the lake, a community pool, and easy access to Southpoint Mall, I-40, and Downtown Durham, this home blends comfort, convenience, and lifestyle. Don't miss it!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017