22
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3307 Winston Road
About This Property
This inviting property offers a thoughtfully designed layout that feels both open and welcoming with spacious living areas and well-sized bedrooms.
The kitchen provides ample workspace and flows nicely into the main living and dining areas, creating a natural gathering space. Generous windows throughout bring in great natural light, adding to the warm and comfortable atmosphere.
Conveniently located with a 10 minute drive to downtown, Duke Hospitals, and everything Durham has to offer. It is also close to Eno River trails. Seller is the listing agent. The brown couch in the pictures has been replaced by a grey one.
This house has multiple storage options, with a large closet in the carport in addition to the shed.
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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