4 Rockwood Circle
About This Property
Step into a home where thoughtful renovation meets timeless design, offering a refined yet effortless living experience. Bathed in natural light, the interiors unfold with a sense of openness and quiet sophistication, anchored by wide-plank LVP flooring and a cohesive palette that feels both modern and inviting. At the heart of the home, the kitchen has been completely reimagined with new cabinetry, sleek quartz countertops, and a full suite of new appliances, all complemented by updated lighting that elevates both form and function. Each space flows seamlessly into the next, creating an ideal setting for both everyday living and entertaining.
The bathrooms have been meticulously updated with a focus on clean lines and elevated finishes. The guest bath features a new vanity, tiled tub surround, and updated flooring and fixtures, while the primary suite offers a more luxurious retreat with a double vanity and a beautifully tiled walk-in shower enclosed by a modern glass wall.Beyond the interior, the home continues to impress with a fully fenced backyard enclosed by a 6-foot privacy fence, offering both seclusion and space to enjoy. A generous deck provides the perfect extension for outdoor gatherings or quiet mornings. The landscaping has been thoughtfully refreshed, enhancing the home's curb appeal and creating a welcoming first impression. Conveniently situated with easy access to major highways, this location offers seamless connectivity to downtown Durham, Duke University and Hospital, UNC Chapel Hill, and RTP. Nearby, you'll find an array of shopping, dining, parks, and everyday conveniences, making this an ideal balance of comfort, accessibility, and lifestyle. This is a home that has been carefully curated for modern living--where every detail has been considered, and nothing feels overlooked.
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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