1303 Cosmic Drive
About This Property
Welcome to Stella View by Lennar, Durham's newest master-planned community, nestled among serene woodlands and conveniently located just minutes from Highway 70. The Tryon floor plan is thoughtfully designed to provide ample space for living, working, and entertaining, combining modern style with functional layouts throughout.
On the main level, you'll find a private study with French doors, perfect for a home office or quiet retreat, alongside a formal dining room for hosting family and friends. The spacious great room flows seamlessly into the breakfast nook and gourmet kitchen, which features 42'' cabinetry, granite countertops, a tile backsplash, and stainless steel appliances-making it ideal for culinary enthusiasts. A first-floor guest suite with a full bath and walk-in shower provides privacy and convenience for visitors or flexible use.
Step outside to the screened porch and grilling patio, perfect for relaxing, entertaining, or enjoying the natural surroundings. Upstairs, the luxurious owner's suite offers a spa-inspired bathroom and a generous walk-in closet for a true retreat. The second level also includes three additional bedrooms, a game room, and a full laundry room with sink, while one of the secondary bedrooms features its own en-suite bathroom-ideal for guests or older children.
Stella View offers a vibrant, amenity-rich lifestyle, including a saltwater pool with cabana, dog park, tot lot, play lawn, and an all-weather walking trail. Durable vinyl siding ensures low-maintenance living, and the peaceful wooded setting provides a relaxing escape from city life.
This Summit Collection home is currently under construction. Photos and virtual tours are for illustrative purposes only; final finishes and features may vary. Residents enjoy easy access to Brier Creek Shopping Plaza, Falls Lake Recreation Area, The Crossings Golf Club, and Falls Village Golf Club. Commuters benefit from quick access to US 70, US 98, and I-885, bringing Research Triangle Park and downtown Durham within easy reach.
With its combination of thoughtful design, modern finishes, and resort-style amenities, the Tryon at Stella View provides an exceptional opportunity to enjoy stylish, convenient, and active living in Durham.
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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 |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Sep 15, 2025 | In contract | - | |
| In contract | |||
| Aug 13, 2025 | Price Decreased |
$534,635
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Jul 8, 2025 | Price Decreased |
$544,635
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Jun 4, 2025 | Listed by Lennar Carolinas LLC | $554,635 | |
| Listed by Lennar Carolinas LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017