912 Cheviot Avenue
About This Property
The primary suite is a true retreat, featuring a remodeled bathroom, an oversized walk-in closet, and a nook ideal for yoga, reading, or quiet reflection.
Enjoy the best of indoor-outdoor living with a friendly, welcoming streetscape out front and a private, wooded backdrop behind. Relax on the back deck or gather around the firepit to roast marshmallows. Need space for projects or storage? You'll find plenty in the mudroom, attached garage, and basement--perfect for hobbies, gear, or future possibilities. Recent updates in 2025 provide peace of mind, including a new garage door opener, hot water heater, sewer line to the street, and freshly serviced HVAC with cleaned ductwork. Located just blocks from Hope Valley Country Club, this home offers both convenience and a sense of retreat--an exceptional opportunity in one of Durham's most desirable areas.
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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