5017 Pine Trail Drive
About This Property
Inside, clean lines and intentional design create a cohesive and comfortable living environment, enhanced by luxury vinyl plank flooring (2023). The current owners have invested in meaningful updates that offer both style and peace of mind, including a new roof (2025), fresh exterior paint, updated electrical systems, replacement windows, and more, resulting in a home that is truly move-in ready.
The outdoor spaces are just as special. A private backyard retreat features a newly installed pergola with curtains and bug netting, raised garden beds with enclosure, and a fenced side yard with a dedicated dog run, perfect for both relaxing and entertaining. Certified as a Wildlife Friendly Landscape, the setting offers a natural, serene backdrop.
The lower level provides exceptional flexibility, offering a private living area complete with bedroom, full bath, laundry, and direct access to both the garage and backyard, ideal for an in-law suite, guest retreat, or additional living space.
Ideally located in a growing Durham corridor with convenient access to RTP, major commuting routes, and an expanding mix of shopping and dining. Nearby, the highly anticipated Latta Park development will bring a Publix grocery store, restaurants, and walkable green spaces.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017