2051 Tanners Mill Drive
About This Property
Inside, the main living areas flow easily together, creating a space that works well for both daily living and gathering with friends and family. The kitchen is thoughtfully designed with functionality in mind, featuring ample cabinetry, a newer dishwasher installed in 2025, convenient pull-out trash bins, and pull-out dish storage that helps keep everything organized and within easy reach.
The living room offers built-in storage on both sides, giving the space a clean and custom feel. Updated light fixtures with dimmer switches are found throughout the home, adding both style and flexibility to the living spaces.
Upstairs, the primary suite provides a comfortable retreat, complete with a closet upgraded with custom built-ins that maximize storage and organization. Additional bedrooms offer flexibility for guests, work-from-home needs, or hobbies.
The garage is equally well equipped with epoxy flooring, generous shelving, and a Tesla charger already installed and ready to convey. A selections binder from when the home was built will also convey with the property, providing helpful details and added peace of mind. Storage is plentiful throughout the home, and the backyard includes two sheds that will convey, offering additional space for tools, equipment, or seasonal items.
All affixed lighting, window shades, and curtain rods will convey with the home. The washer and dryer, purchased in 2016, are also included. HVAC replaced in 2021.
With thoughtful features, organized storage, and a convenient Durham location, 2051 Tanners Mill Drive offers a home that is both practical and welcoming.
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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