135 Shadow Hawk Drive
About This Property
Discover the perfect blend of comfort and versatility in this beautifully maintained home featuring a flexible open floor plan. The generous eat-in kitchen seamlessly accommodates daily living and entertaining, freeing the formal dining room for use as an office, sitting room, or play space. Gorgeous engineered hardwood flooring flows throughout the main level, enhancing both style and durability.
The first-floor primary suite is a spacious retreat offering serene wooded views. Upstairs, a multi-purpose loft space provides additional flex space ideal for a home office, media area, or guest space. Generously sized secondary bedrooms also feature ample walk-in storage.
Outside the yard backs up to a lush wood line offering unique privacy in the suburban setting. The low-maintenance backyard is fully fenced and complete with a screened porch, thoughtful landscaping, and raised garden beds.
Located in a welcoming neighborhood with a park and playground, this home also offers easy access to nearby biking/walking trails and all the conveniences of South Durham living.
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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 16, 2025 | Sold | ||
| Sold | |||
| Aug 16, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed by Nest Realty of the Triangle | $635,000 | |
| Listed by Nest Realty of the Triangle | |||
| Jun 28, 2023 | No longer available | - | |
| No longer available | |||
| Jun 1, 2023 | Price Decreased |
$599,900
↓ $30K
(4.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017