$392,500
●
House -
Off Market
10 Drummond Court
Durham, NC 27713
3 Beds
2 Baths
1,235 Ft²
$365,153
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
OFFER DEADLINE MONDAY 3/27 at 10:00 AM. Charming one story, one
owner home in the sought-after Woodlake neighborhood, just a short
distance to Southpoint Mall and convenient to everything: Duke,
UNC, NCCU, RTP, downtown Durham, greenways and I-40! Bright and
open floor plan with a beautifully landscaped yard filled with
flowers and woodsy surroundings provide the best of both worlds!
The family room lives large with a vaulted ceiling and diagonal
wall enhancing visual and physical flow into the spacious kitchen
with an ample center island and eat-in area. The primary bedroom
has two separate closets and the primary bath has double vanities
and a garden tub. The hall bath has a walk-in shower. Pool,
clubhouse w/ exercise room, playground, fishing/canoeing lake and
walking trails all included in low HOA dues! Recent updates include
roof (2017), Gas Pack (2020), Water Heater (2019), Walk-in shower
(2018). Finished garage with opener/remotes, additional 20
Amp plug and garage vac! Piney Wood Park and Dog Park within
walking distance!
Unit Size
1,235 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$291
Property Type
House
Property Taxes
$233
HOA Dues
$32
Year Built
1996
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (TMLS #2501314)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2023 | Sold | ||
| Sold | |||
| Mar 23, 2023 | Listed by Fonville Morisey Realty | $358,900 | |
| Listed by Fonville Morisey Realty | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Woodlake
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Michele Marinelli, Fonville Morisey Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2501314
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2501314
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