$342,000
●
House -
Off Market
1005 Rosehill Avenue
Durham, NC 27705
2 Beds
1 Bath
1,014 Ft²
$350,093
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
MULTIPLE OFFERS - DEADLINE OFFERS 11/7 @3PM - Artistically savvy?
1930s historic craftsman bungalow "Old West Durham." Lg, covered
frt. porch, back screen porch. Original wood floors & wood
molding/trim throughout. Original rope & weight historic windows,
exterior windows reglazed/scraped 2021 Carpeted in 2021. Stainless
gas range, hood, refrigerator. Bosch Wash, brand-new dryer all stay
w/ home. Paned glass door between living & dining Lg linen closet.
2 coal-burning original fireplaces include summer covers. Frt.
bedroom antique fireplace mantle & 2 closets. Murphy bed in
bedroom. Living spaces over 12x12. Roof rafters exposed & open
eaves showcase craftsman bungalow style. Substantial frt. brick &
cobblestone column bases w/ wood column tops, both side brick walls
along frt. stairs w/ cobblestone tops. Rain barrels. Concrete
driveway, 2-car carport walk to fenced back yard w/ patio. Exterior
paint summer 2021, 10/21 HVAC ductwork, 12/21 vapor barrier, storm
windows. Storm doors. New Roof 2009, galvanized steel w/ aluminum
coating: Energy Star rated w/ 40-year warranty never needs painting
Unit Size
1,014 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$325
Property Type
House
Property Taxes
$199
HOA Dues
-
Year Built
1930
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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 #2482173)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 8, 2022 | Sold | ||
| Sold | |||
| Nov 3, 2022 | Listed by Coldwell Banker - HPW | $330,000 | |
| Listed by Coldwell Banker - HPW | |||
Property Highlights
Parking Available
Air Conditioning
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 Old West Durham
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Listed by: Carl Johnson, Coldwell Banker - HPW
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2482173
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2482173
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