If you've been dreaming of a little more, this may be the place. A
little more land and privacy. A little more room to create and
grow. Set well back from a bucolic country road and surrounded by
trees, 4811 Green Riley Road creates a world of peace and privacy.
The wooded setting opens around the home to a sunny yard with space
for gardens, outdoor projects, play, or simply enjoying the view. A
wraparound front porch helps you enjoy slow mornings, while the
open back deck is ready for grilling and welcoming friends. Inside,
you'll find high ceilings and generously sized rooms. Hardwood
floors in the living areas, crown molding throughout, and a
wood-burning fireplace add warmth and character to the first floor.
The kitchen features Dekton quartz countertops, a gracious island
with pullout storage and seating, a large farmhouse sink,
under-cabinet lighting, and a five-burner glass top range with
convection and double-oven capabilities. French doors open directly
from the abundant dining space to the back deck. The main floor
primary suite includes a walk-in closet and private bath. A half
bath with laundry hookups and additional storage is also located on
the main level. Upstairs are two more large bedrooms and a full
bath. On the finished top floor, a bonus space can become a craft
room, den, home office, playroom, or whatever best fits your life.
Attic storage beneath the eaves adds practical storage. Then there
is the detached garage, a destination in its own right. The
expansive workshop is wired and equipped with built-in workbenches
and a sink, giving woodworkers, makers, mechanics, and serious
hobbyists room to create. An attached potting shed and greenhouse
make it easy to start seedlings, tend plants, and extend the
growing season. Above the garage, an unfinished upper level
provides valuable project or storage space. Private country living
does not mean giving up convenience. Downtown Hillsborough is less
than 15 minutes away, downtown Durham is approximately 30 minutes
away, and RDU International Airport is about a 40-minute drive.
Ready for its next chapter, this home is waiting for your
improvements, personal touches, and a little elbow grease to bring
it back to life. Bring your garden plans, your projects, and your
imagination. There is room for all of it here.
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.
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