Tucked away at the back of Downing Creek, 2109 Carriage Way offers
a peaceful cul-de-sac setting with a small park at its center and
woods behind the home. Bright & airy open floor plan - soaring
ceilings, gorgeous hardwoods & stylish updates at every turn.
Sophisticated formal living and dining rooms with fine
architectural detailing. The kitchen of your dreams boats pristine
white and glass-front cabinetry, granite counters, herringbone
subway tile backsplash, gas range plus second wall oven & abundant
storage. Open floor plan kitchen, breakfast and family room
featuring beautiful white built-in cabinetry and shelving, cozy
wood burning fireplace and floor-to-ceiling windows and French
doors. Elegant primary suite with large walk-in closet and
primary bath with dual vanity, granite counters, skylight, large
soaking tub and frameless tiled walk-in shower. Three more
bedrooms (two connected by a Jack and Jill bathroom) round out the
2nd floor. An oversized two-car garage and expansive driveway
provide ample room for parking and storage. Relax on the new deck
with your morning coffee while taking in the wooded views. Downing
Creek offers tree-lined streets, community walking trails, and
amenities within walking distance, including a swimming pool,
tennis courts, playground, and two ponds for catch-and-release
fishing-all conveniently located near UNC, Duke, Southpoint,
and downtown Durham. You will absolutely love this home.
Schedule your showing today.
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.
Parking Features: Attached, Concrete, Driveway, Garage Door Opener, Garage Faces Front, Inside Entrance, Oversized, Side By Side
Garage Spaces: 2
Open Parking Spaces: 6
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Bookcases, Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Entrance Foyer, Granite Counters, High Speed Internet, Open Floorplan, Pantry, Recessed Lighting, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Bathtub/Shower Combination, Separate Shower, Smooth Ceilings, Walk-In Shower, Water Closet
Appliances: Dishwasher, Electric Oven, Gas Range, Gas Water Heater, Plumbed For Ice Maker, Range Hood, Stainless Steel Appliance(s), Vented Exhaust Fan, Wall Oven
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