$560,000
●
House -
Off Market
1005 Urban Avenue
Durham, NC 27701
2 Beds
1 Bath,
1
Half Bath
1,778 Ft²
$768,886
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Fabulous Trinity Park location. Here one can enjoy the
proximity to school, work and entertainment, as well as having the
peace of home. Built in 1928, this property has maintained
many of the historic features. Updates have been made with a
gorgeous kitchen leading to the backyard that has tons of
potential. Create the perfect garden, build a garage on the
alley, many possibilities! The attic is fully finished but
cannot be included in the sq ft calculation. Great space
though, 2 offices and a den.
Unit Size
1,778 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$323
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1928
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Cap Rate Calculator
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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 #2336665)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2020 | Sold | ||
| Sold | |||
| Aug 11, 2020 | No longer available | - | |
| No longer available | |||
| Aug 11, 2020 | Listed by Irby Stinson Realty | $575,000 | |
| Listed by Irby Stinson Realty | |||
| | |||
|
Fabulous Trinity Park location. Here one can enjoy the proximity to school, work and entertainment, as well as having the peace of home. Built in 1928, this property has maintained many of the historic features. Updates have been made with a gorgeous kitchen leading to the backyard that has tons of potential. Create the perfect garden, build a garage on the alley, many possibilities! The attic is fully finished but cannot be included in the sq ft calculation. Great space though, 2 offices and a den.
| |||
| Jul 25, 2020 | Listed by Irby Stinson Realty | $629,000 | |
| Listed by Irby Stinson Realty | |||
| Aug 14, 2009 | Sold | ||
| Sold | |||
Property Highlights
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 Trinity Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Peyton Irby, Irby Stinson Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2336665
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2336665
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