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304 Brandywine Road
About This Property
The heart of the home is the beautifully updated kitchen, designed to flow seamlessly into the breakfast and dining areas with bar seating that creates an easy gathering space for everyday living and entertaining alike. Just beyond, the enclosed porch extends the living area year-round with sliding windows, sliding doors, and a wall-mounted gas heater -- the perfect place to relax while overlooking the fenced backyard and back deck.
Upstairs, the primary suite features a renovated bathroom and walk-in closet, alongside an additional bedroom, updated full bath, and conveniently located laundry room. The lower level offers exceptional flexibility with a cozy family room anchored by a fireplace, two additional bedrooms, a full bathroom, and a separate exterior entrance ideal for guests, multigenerational living, home office use, or studio space.
A standout feature of the property is the detached two-car garage, already wired and ready to become a workshop, music studio, pottery studio, creative space, or potentially even a future detached ADU.
Located in the desirable Heritage Hills neighborhood within the Chapel Hill-Carrboro City School district, this established community is known for its large, wooded lots, wide shaded streets, and peaceful setting with no through traffic. Enjoy a neighborhood designed for an active, connected lifestyle -- perfect for walking dogs, riding bikes, or taking an easy stroll to the neighborhood pool.
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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.
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About Heritage Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017