4108 Lazyriver Lane
About This Property
The main level offers a comfortable flow with an eat-in kitchen, formal dining room, and living area, creating multiple options for everyday living. Step outside to the oversized deck overlooking the .28-acre lot... a great spot for relaxing, entertaining, or enjoying the outdoor space.
A new roof was installed in December 2022 and HVAC replaced in 2023, offering added peace of mind. Community amenities include a clubhouse, pool, and playground, and the location provides easy access to shopping, dining, and everyday conveniences.
What a great time to own in Northern Durham! This is your opportunity to add your personal touch to the potential of this North Durham home.
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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 |
|---|---|---|---|
| May 7, 2026 | Sold | ||
| Sold | |||
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Mar 27, 2026 | Listed by Berkshire Hathaway HomeService | $320,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| Oct 8, 2025 | Price Decreased |
$335,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jun 28, 2025 | Price Decreased |
$345,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017