1410 Shawnee Street
About This Property
Historic charm without old-house headaches, 1410 Shawnee is buttoned up with newer systems and mechanicals. Original hardwoods, just refinished, gleam from room to room. The kitchen is capital-P Posh, featuring custom cabinetry, Spanish tile, quartz countertops, and all new appliances. A covet worthy home office lives in the dreamy flex space around the corner from the kitchen coffee bar (priorities). Every room feels gracious, and the layout strikes the perfect balance between openness and privacy. Spacious living room is anchored by a gorgeous historic fireplace and flows into dining room, ready for hosting. Primary suite offers double closets and stunning en suite bath with walk-in shower and double vanity. Second large bedroom enjoys its own beautifully updated bath with new tile and tub. Surprisingly ample storage, with closets showcasing original doors and hardware.
Start your mornings on the charming front porch, or welcome Spring's blooms in the adorable backyard with new deck, built-in gas grill, and wired outbuilding with French doors-perfect for tidy storage or a future finished studio! Everything your heart desires within a few minutes stroll into Downtown Durham. Step inside and you'll be reminded that home is more than a place... it's a feeling.
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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