$580,000
●
House -
Off Market
1001 Sedgefield Street
Durham, NC 27705
3 Beds
3 Baths,
1
Half Bath
1,200 Ft²
$589,535
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
This classic cottage in the heart of Walltown is the beautiful
distillation of all the things it is critical to get right in a
home. The beautifully simple, classic 1.5 story design sits lightly
in the streetscape and holds a home run of a floorplan. Starting
with perfectly allocated square footage, 1001 Sedgefield has just
the right amount of space in each room. 3 beds, 2.5 baths and not
one part of thishouse feels too small (ample walk in storage to
boot!) The simple elegance of this gem of a house continues inside
with site finished hardwood floors throughout; classic, timeless
hard finish selections, and strong millwork. This is a home built
to be enjoyed and built to last. Come feel for yourself.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$488
Property Type
House
Property Taxes
$177
HOA Dues
-
Year Built
1948
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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 #2505765)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2023 | Sold | ||
| Sold | |||
| Apr 18, 2023 | Listed by Nest Realty of the Triangle | $585,000 | |
| Listed by Nest Realty of the Triangle | |||
| Nov 13, 2022 | No longer available | - | |
| No longer available | |||
| Jul 1, 2022 | Listed by 501 Nest Realty | $559,000 | |
| Listed by 501 Nest Realty | |||
| | |||
|
This new construction gem is in the heart of all that Durham has to offer. This home is within a mile of Duke, Whole Foods, JVG, & Ninth street. Maybe start your day sipping sweet tea on an inviting front porch. and then mosey on over to Monuts to grab a morning bit. Come back and Step inside to a spacious, and efficient home. The open concept living room and kitchen will make hosting a breeze. Afterwards, you could hideaway into your first floor homeowners suite. With local builder Miles Honeycutt, the home will have a traditional feel in the historic Walltown Neighborhood. Come make this home your own today! The manager has listed the unit size as 1200 square feet.
| |||
| May 5, 2022 | Sold | ||
| Sold | |||
Property Highlights
Parking Available
Air Conditioning
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 Walltown
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sam Poole, Nest Realty of the Triangle
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2505765
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2505765
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