$489,000
●
House -
Off Market
1009 N Gregson Street
Durham, NC 27701
3 Beds
2 Baths,
1
Half Bath
1,112 Ft²
$2,885
Est. Monthly
3.15%
Cap Rate
About This Property
Experience modern elegance at 1009 Gregson Street, a custom 2021
build in Durham's coveted Trinity Park. This 3-bedroom, 2.5-bath
residence spans 1,112 square feet and showcases sleek contemporary
finishes, soaring light-filled spaces, and a seamless open
layout.
Energy-efficient solar panels add modern sustainability, while off-street parking and a private patio make the home both practical and inviting.
Set in one of Durham's most desirable neighborhoods, you'll enjoy tree-lined streets and effortless access to downtown's acclaimed dining, shops, and cultural scene-all just a short walk or bike ride away.
Please note: this home is tenant-occupied and available for showings only during a limited window. Tenants will vacate on October 15, and this is the opportunity to secure the property before it comes off the market for several weeks.
A perfect balance of sophistication and comfort, this property is ready to impress.
Energy-efficient solar panels add modern sustainability, while off-street parking and a private patio make the home both practical and inviting.
Set in one of Durham's most desirable neighborhoods, you'll enjoy tree-lined streets and effortless access to downtown's acclaimed dining, shops, and cultural scene-all just a short walk or bike ride away.
Please note: this home is tenant-occupied and available for showings only during a limited window. Tenants will vacate on October 15, and this is the opportunity to secure the property before it comes off the market for several weeks.
A perfect balance of sophistication and comfort, this property is ready to impress.
Unit Size
1,112 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$440
Property Type
House
Property Taxes
$484
HOA Dues
-
Year Built
-
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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 #10116597)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Sep 28, 2025 | In contract | - | |
| In contract | |||
| Sep 22, 2025 | Price Decreased |
$489,000
↓ $86K
(15%) | |
| Price Decreased | |||
| Aug 19, 2025 | Listed by Berkshire Hathaway HomeService | $575,000 | |
| Listed by Berkshire Hathaway HomeService | |||
Property Highlights
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 Trinity Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Brooks Brittingham, Berkshire Hathaway HomeService
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10116597
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10116597
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