$290,000
●
House -
Off Market
100 Forestwood Drive
Durham, NC 27707
3 Beds
2 Baths
1,416 Ft²
$460,366
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
Come and See this Phenomenal Ranch Home in Forest Hills! | Only 8
Minute Walk to Rockwood Plaza and 4 Minute Drive to DBAP & Downtown
Durham | Original Hardwoods Throughout | Luxurious Master Bath
Addition in 2015 | Private Screened Patio overlooking a Fenced Back
Yard Space | Ample Parking via Carport & Separate Driveway |
Located in the Morehead Magnet Elementary Priority Zone | All
Appliances Convey | Walk to Forest Hills and Rockwood Parks |
Welcome Home!
Unit Size
1,416 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$212
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1951
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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 #2178575)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 3, 2025 | Sold | ||
| Sold | |||
| Mar 6, 2025 | In contract | - | |
| In contract | |||
| Feb 21, 2025 | Price Decreased |
$509,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Jan 24, 2025 | Listed by Peak, Swirles & Cavallito | $524,000 | |
| Listed by Peak, Swirles & Cavallito | |||
| | |||
|
Wonderful 3 bedroom, 2 bath in Forest Hills. Fabulous location, minutes from Downtown Durham. Spacious family room with masonry fireplace open to dining area. Large kitchen with stainless appliances and granite countertops. From the kitchen, French doors open to a bright and airy office space, added in 2023, offering a versatile room for work, play, or extra living space. The laundry room is conveniently located off of the kitchen. All appliances convey! Primary bedroom has gorgeous master bath (added in 2015) with large tiled tub/shower, dual vanities and solar tube that lets in loads of natural light. Original hardwoods throughout the home. Side yard is fully enclosed with a wood privacy fence. The home features a driveway that accommodates four cars, plus an EV charger for added convenience. Walk down the street to Forest Hills park and less than half a mile to Rockwood Park, 3 miles from Duke, and 1.5 miles from Downtown Durham.
| |||
| Apr 30, 2018 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Forest Hills
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Listed by: Brooks Brittingham, Berkshire Hathaway HomeService
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2178575
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2178575
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