427 Hanson Road
About This Property
Inside, you'll find a freshly painted interior, offering a clean and modern feel throughout. The spacious layout is perfect for both everyday living and entertaining, with a well-appointed kitchen that boasts granite countertops, a large island, and abundant counterspace. A bar-top overlook connects the kitchen to the living room, while a generous dining area provides plenty of room for gatherings.
The home features three bedrooms, including a spacious primary suite designed for relaxation. The en-suite bath includes both a soaking tub and a separate stand-up shower, creating a private retreat. A roomy laundry area and a two-car garage add to the home's functionality.
Step outside to enjoy the fenced-in backyard, complete with a freshly repainted deck--perfect for outdoor entertaining or morning coffee. A storage shed offers additional space for tools and equipment.
Additional highlights include a recently replaced roof (2023) and thoughtful upgrades throughout. For movie nights or game days, you'll love the unique built-in projector setup that transforms your living space into a cinematic experience at the touch of a button.
Ideally located in South Durham, this home offers convenient access to shopping, dining, Duke/UNC/RDU, and major commuting routes, making it an excellent choice for a variety of lifestyles.
Don't miss the opportunity to make this well-maintained and move-in-ready home yours!
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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