67
Map
1007 Arnette Avenue
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2026 | Sold | ||
| Sold | |||
| Jun 23, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Listed by Inhabit Real Estate | $699,997 | |
| Listed by Inhabit Real Estate | |||
| Dec 10, 2025 | Price Decreased |
$725,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Oct 31, 2025 | Listed | $735,000 | |
| Listed | |||
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Welcome to 1007 Arnette Avenue, a beautifully updated, brick Tudor-style two-story gem in the heart of Durham's coveted Morehead Hill neighborhood. Built in 1934, this 4-bedroom, 2-bath home seamlessly blends timeless character with thoughtful modern updates, including a flexible bonus room perfect for a home office, playroom, or creative space, and an inviting screened porch ideal for relaxing or entertaining.
Inside, you'll find timeless living spaces with original hardwood flooring, thoughtful architectural details, and a cozy fireplace that anchors the home's warm and welcoming atmosphere. The updated kitchen offers modern functionality while preserving classic charm, making it ideal for both everyday living and hosting. Five potential bedrooms offer flexibility for guests, work-from-home needs, or growing households. The insulated storage loft above the living room adds the extra storage we all need—while opening up more space for the moments and memories that make a home.
Outside, the lush and versatile backyard and wired workshop provide a peaceful retreat perfect for play, gardening, or relaxing evenings, while the inviting front porch encourages connection in one of Durham's most walkable neighborhoods.
Convenient to downtown and the Durham Bulls Athletic Park, this home offers easy access to restaurants, shops, parks, and the Morehead Montessori Elementary School just two blocks away. With nearly 2,000 square feet of space, this home combines historic charm with modern comfort.
Don't miss your chance to own a piece of Durham history—schedule your private tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017