Welcome to Stella View by Lennar -- Durham's newest community,
nestled among mature woodlands and conveniently located just
minutes from Highway 70. Discover the Tryon floor plan, a
thoughtfully designed home offering plenty of space to live, work,
and entertain. The main level features a private study with French
doors, a formal dining room, and a spacious great room that flows
seamlessly into the breakfast nook and gourmet kitchen. The kitchen
is a chef's dream with 42'' cabinetry, tile backsplash, and
stainless steel appliances. Step outside to enjoy a screened
porch -- perfect for relaxing or entertaining outdoors. A guest
suite with a full bath and walk-in shower is also located on the
main floor for added convenience. Upstairs, retreat to a
luxurious owner's suite with a spa-inspired bathroom and generous
walk-in closet. Three additional bedrooms, a game room, and a full
laundry room with sink complete the second level. One of the
secondary bedrooms features its own en-suite bathroom, ideal for
guests. This home is currently under construction. Photos and
virtual tours are for illustrative purposes only. Final finishes
and features may vary. Enjoy low-maintenance living with
durable vinyl siding and a peaceful setting in one of Durham's most
exciting new communities. Take advantage of premium community
amenities, including a sparkling pool with cabana, a dog park, tot
lot, play lawn, and an all-weather trail--ideal for active and
relaxed lifestyles alike. Photos are for illustration only;
features and options can vary.
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.
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