4034 Front Runner Drive
About This Property
***Assumable Mortgage available at 4.875% - Buyer Must Qualify.
Inside, you'll find luxury vinyl plank flooring throughout the first floor, 9-ft ceilings, crown molding, and abundant natural light. The upgraded kitchen features quartz countertops, slow-close cabinetry, and premium appliances-including a five-burner gas range, in-wall oven with convection and air-fry capability, counter-depth refrigerator, built-in microwave, and a large walk-in pantry. The open-concept layout flows into a spacious living area and screened-in porch, perfect for morning coffee or evening relaxation.
A first-floor guest suite with full bath offers flexibility for visitors or multigenerational living. Upstairs, the primary suite features dual vanities and a step-in shower, while one secondary bedroom includes a private ensuite bath. Two additional bedrooms share a full bath, and a bonus room provides space for play, work, or hobbies. The laundry room with wash tub and included washer/dryer makes daily life easy.
The fully fenced backyard backs to a protected tree line for privacy and includes a native flower meadow and plans for a permaculture-inspired landscape. Enjoy community amenities-pool, dog park, playground, fishing pond, walking trails, and high-speed internet-all for just $100/month HOA. Only minutes to RTP and 20 minutes to downtown Durham.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 9, 2026 | Sold | ||
| Sold | |||
| Feb 3, 2026 | In contract | - | |
| In contract | |||
| Jan 6, 2026 | Price Decreased |
$558,000
↓ $2K
(0.4%) | |
| Price Decreased | |||
| Dec 4, 2025 | Price Decreased |
$560,000
↓ $3K
(0.5%) | |
| Price Decreased | |||
| Nov 14, 2025 | Price Decreased |
$563,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017