1307 Cosmic Drive
About This Property
Welcome to Stella View by Lennar, Durham's newest master-planned community, nestled among mature woodlands and conveniently located just minutes from Highway 70. The Mayflower is a thoughtfully designed two-story home that combines classic elegance with modern functionality, offering a perfect balance of style, comfort, and versatility.
The main level features a gourmet kitchen with 42'' cabinets, quartz countertops, a stylish tile backsplash, and stainless-steel appliances. The kitchen seamlessly flows into the spacious Great Room and casual dining area, creating an inviting open-concept space ideal for everyday living and entertaining. Additional main-level spaces include a formal dining room, a screened porch with patio for flexible indoor-outdoor enjoyment, a private study, and a guest suite with a full bath, providing privacy and convenience for visitors or use as a home office.
Upstairs, a versatile loft provides extra living space, complemented by two secondary bedrooms and a luxurious owner's suite featuring a spa-like bathroom and a generous walk-in closet. Every detail of the Mayflower has been thoughtfully designed to maximize space, comfort, and lifestyle flexibility.
Stella View offers a resort-style, 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 serene wooded setting provides a relaxing environment.
This Summit Collection home is currently under construction. Photos and virtual tours are for illustrative purposes only; final finishes and features may vary. Residents also enjoy convenient access to Brier Creek Shopping Plaza, Falls Lake Recreation Area, The Crossings Golf Club, and Falls Village Golf Club, with commuter-friendly routes via US 70, US 98, and I-885 for easy travel to Research Triangle Park and surrounding areas.
With its thoughtful design, open-concept layout, and access to premium community amenities, the Mayflower at Stella View provides an exceptional opportunity to enjoy stylish, comfortable, and active living in Durham,
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Nov 15, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Relisted | $499,250 | |
| Relisted | |||
| Sep 22, 2025 | In contract | - | |
| In contract | |||
| Aug 15, 2025 | Listed by Lennar Carolinas LLC | $499,250 | |
| Listed by Lennar Carolinas LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017