9 Otters Run
About This Property
Inside, you will find a layout that truly works. Hardwood floors anchor the main level, while the upstairs provides comfortable, cozy spaces for rest and recharge. The primary suite is a true retreat, complete with dual walk-in closets and a spa-inspired bath featuring dual vanities, a soaking tub, and a separate shower.
What truly sets this home apart is the balance of privacy and convenience. Tucked away in a quiet North Durham neighborhood, yet just minutes to I-85, Universities, downtown Durham, shopping, dining, and everyday essentials. Enjoy quick access to trails, parks, and local favorites without sacrificing the peace of a wooded setting.
A two-car garage with extra storage, mature landscaping, and serene outdoor space round out this home's appeal. Whether you are entertaining, unwinding, or commuting with ease, 9 Otters Run delivers comfort, location, and lifestyle in one perfect package.
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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