4702 Pleasant Green Road
About This Property
Equipped with a horse barn, the property offers functional flexibility-perfect for hobbyists, animal lovers, or anyone looking for a bit more breathing room outdoors. The expansive grounds feature a fire pit, a screened porch, and a gracious 3/4 wrap-around porch-inviting spaces to relax, entertain, or simply enjoy the quiet.
Inside, you'll find a bright, welcoming layout with generous common areas and smart bedroom placement. The roof was replaced in 2021, and a UV filtration system on the well ensures clean water for daily use.
Just minutes from Duke University and downtown Durham, this home offers the rare combination of acreage, utility, and comfort-with easy access to everything you need.
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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