$497,000
●
House -
Off Market
530 Turnstone Drive
Durham, NC 27703
2 Beds
2 Baths
1,455 Ft²
$3,065
Est. Monthly
$244
HOA / Fees
3.89%
Cap Rate
About This Property
Gorgeous and highly sought-after Taft floor plan in the premier 55+
community of Del Webb Carolina Arbors! This light-filled home
offers 2 bedrooms, a dedicated office/flex space, and stylish
modern finishes throughout. The open-concept kitchen features white
cabinetry, quartz countertops, a large island, gas range, and
stainless steel appliances-perfect for everyday living and
entertaining. The spacious primary suite includes a walk-in closet,
dual vanity with granite countertops, and a large tiled shower.
Enjoy the outdoors year-round on the screened porch and extended
patio, overlooking a private, fenced yard with mature landscaping
and a built-in gas grill. With an oversized garage and
walk-up attic storage, there's ample space for all your needs.
Enjoy resort-style living with access to the community clubhouse,
indoor/outdoor pools, fitness center, tennis, pickleball, walking
trails, social clubs and events. Conveniently located near RDU,
Brier Creek shopping, and dining. Don't miss this exceptional home
in one of the Triangle's most desirable active adult communities!
Unit Size
1,455 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$342
Property Type
House
Property Taxes
$380
HOA Dues
$244
Year Built
2018
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (TMLS #10108178)
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Garage
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With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Durham
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Listed by: Karen Tehrani, Keller Williams Legacy
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10108178
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10108178
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