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9400 Does Run Court
About This Property
The minute you walk through the beautiful front door, you're welcomed by gleaming hardwood floors and abundant natural light, creating a bright and inviting first impression. The main level features a spacious living room, formal dining room, and an updated kitchen with white cabinetry, granite countertops, and stainless steel appliances.
Upstairs, the primary suite includes a walk-in closet and private bath with dual vanity, soaking tub, and separate shower. Two additional bedrooms and a full bath complete the upper level.
The lower level offers additional living space, including a comfortable family room with fireplace and built-ins, a dedicated office with built-in desk, and a flexible room currently used as a guest room. The lower level also has a full bathroom and spacious laundry room.
One of the standout features is the expansive yard, offering plenty of room for outdoor activities, play, pets, or simply enjoying time outside. A large deck on the main level and a patio off the lower-level family room provide multiple options for outdoor entertaining and everyday enjoyment.
Enjoy the quiet mature setting of Springdale Gardens while being convieniently located to shopping, dining, RDU International Airport, and Research Triangle Park.
New Roof 2025!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017