Bright, beautiful, and thoughtfully designed--this end-unit
townhome at Ovation at Sweetbrier offers exceptional main-level
living in Durham's newest 55+ community. With added two story
windows that welcome natural light and a expansive corner location,
this home delivers both grandeur while exuding warmth and quiet
comfort. With a spacious open-concept layout, a two-car garage, and
a convenient first-floor primary suite and covered screened in rear
porch! The welcoming foyer leads past a powder room and into the
expansive great room, kitchen, and dining area, highlighted by
impressive two-story ceilings that create a bright and airy
atmosphere. Enjoy outdoor living on the covered porch, perfect for
relaxing or entertaining. The private primary suite on the
main level features a trey ceiling, generous walk-in closet, dual
vanities, and a tiled walk-in shower with bench seat. A nearby
laundry room with laundry tub and cabinets adds everyday
convenience. Hardwood stairs lead upstairs where you will find two
additional bedrooms, a full bath and a versatile loft space that
can be used as a home office, media room, or play area. At
Ovation, your time is your own--exterior maintenance is included,
so you can focus on enjoying the amenities: a clubhouse, pool, hot
tub, fitness center, pickleball courts, dog park, outdoor chess
park, and scenic walking trails. For a limited time, buyer to
receive their choice of SS side-by-side refrigerator. top load
washer/dryer and blinds OR screened in porch at no cost! See on
site rep for more details and financing incentives.
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.
Interior Features: Ceiling Fan(s), Double Vanity, High Ceilings, Kitchen Island, Open Floorplan, Tray Ceiling(s), Walk-In Closet(s), Wired for Data, Primary Downstairs, Walk-In Shower
Appliances: Built-In Electric Oven, Cooktop, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan
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