2011 Magnolia Tree Lane
About This Property
Listed By
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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 |
|---|---|---|---|
| Sep 12, 2026 | In contract | - | |
| In contract | |||
| Jun 9, 2026 | Price Decreased |
$430,000
↓ $20K
(4.4%) | |
| Price Decreased | |||
| Apr 24, 2026 | Price Decreased |
$450,000
↓ $20K
(4.3%) | |
| Price Decreased | |||
| Apr 2, 2026 | Listed by Howard Hanna Allen Tate Durham | $470,000 | |
| Listed by Howard Hanna Allen Tate Durham | |||
| Aug 20, 2025 | Listed | $475,000 | |
| Listed | |||
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This beautiful home in South Durham is tucked away on a cul-de-sac in the welcoming Rustica Oaks neighborhood. Enjoy easy access to RTP, RDU Airport, Downtown Durham, Brier Creek, and a wide variety of restaurants, shops, and parks. The community also offers great neighbors, a playground, and a pool for summer fun.
The open-concept first floor is ideal for hosting gatherings or simply relaxing together as a family. The kitchen features granite countertops, abundant workspace, and a large pantry. A flexible first-floor room can serve as a home office or an extension of the kitchen. Light gray neutral tones flow throughout, and the garage includes custom shelving for added storage.
Upstairs, the spacious primary suite includes a sitting area, two large walk-in closets, and convenient access to the laundry. The primary bath is a retreat with a granite double vanity, soaking tub, and separate shower. Two additional bedrooms share a full bath with a large vanity and linen closet. A versatile loft provides extra living space perfect for a playroom, movie room, or quiet retreat.
Don't miss the opportunity to make this wonderful home yours—schedule a tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017