Welcome to 308 Flat River Run at Collins Ridge in Hillsborough, NC!
This single-level home features 4 bedrooms, 2 bathrooms, 1,764
square feet, and an attached 2-car garage. Past the foyer, you'll
enter the bright and open main living space. The kitchen, dining
room, and living room are all open to one another in a comfortable
and well-designed layout. This stunning kitchen is equipped with a
spacious corner pantry, stainless steel appliances, beautiful
quartz countertops, shaker-style cabinetry-accented with crown
molding, and a generous center island, making it perfect for both
cooking and casual dining. Just past the dining room, your living
space is extended outdoors via the rear covered patio-providing you
the perfect place to enjoy your morning coffee, take a break during
a busy day, or just enjoy a breath of fresh air. Away from the
other bedrooms, at the rear of the home is the spacious primary
bedroom with a private bathroom-featuring a double vanity, separate
water closet, walk-in shower, and a walk-in closet. An additional 3
bedrooms and a secondary full bathroom are located at the front of
the home. Residents of Collins Ridge enjoy numerous community
amenities, such as the saltwater pool, community clubhouse, fitness
center, playgrounds, dog park, and more! Welcome home to
Collins Ridge! *Photos are not of the actual home or interior
features and are representative of floor plan only*
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.
Appliances: Dishwasher, Free-Standing Gas Range, Microwave, Stainless Steel Appliance(s), Tankless Water Heater
Flooring Type: Carpet, Laminate, Luxury Vinyl
Laundry Features: Laundry Room, Main Level
Rooms: 8
Exterior Details
Square Footage: 1764
Property Condition: New Construction
Architectural Style: Ranch
Year Built: 2026
Building Name: Cali
Builder Name: D.R. Horton
Builder Model: Cali
Building Area Total: 1764
Levels: One
Other Structures: None
Window Features: Low-Emissivity Windows, Screens
Construction Materials: HardiPlank Type, Stone Veneer
Patio and Porch Features: Covered, Patio
Lot Features: Back Yard, Front Yard, Landscaped
Lot Size Area: 0.13
Lot Size Units: Acres
Lot Size Acres: 0.13
Lot Size Square Feet: 5662.8
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
HOA/Condo/Coop Amenities: Basketball Court, Clubhouse, Dog Park, Fitness Center, Game Court Exterior, Meeting Room, Playground, Pool, Sport Court, Tennis Court(s), Trail(s)
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