$353,000
●
House -
Off Market
1015 Moreland Avenue
Durham, NC 27707
3 Beds
2 Baths
1,218 Ft²
$1,913
Est. Monthly
6.19%
Cap Rate
About This Property
Welcome to this delightful single-story home conveniently situated
near Downtown Durham! Step inside to discover freshly painted walls
and refreshed carpets. Luxurious vinyl flooring graces the main
living areas, while cozy carpeting invites you into the bedrooms.
The kitchen boasts ample storage space with its cabinetry,
complemented by elegant granite countertops, a chic tile
backsplash, and stainless steel appliances. Relax on the spacious
front porch or venture outside to the sizable yard. This home also
features solar panels for energy efficiency and an outdoor storage
area for added convenience. Located in close proximity to Duke
University, a variety of dining options, shopping centers, and
entertainment venues, this property offers both comfort and
convenience in the heart of Durham.
Unit Size
1,218 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$287
Property Type
House
Property Taxes
$194
HOA Dues
-
Year Built
2010
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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 #10016946)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | Listed by Hampton & Company Real Estate | $350,000 | |
| Listed by Hampton & Company Real Estate | |||
| | |||
|
Welcome to this delightful single-story home conveniently situated near Downtown Durham! Step inside to discover freshly painted walls and refreshed carpets. Luxurious vinyl flooring graces the main living areas, while cozy carpeting invites you into the bedrooms. The kitchen boasts ample storage space with its cabinetry, complemented by elegant granite countertops, a chic tile backsplash, and stainless steel appliances. Relax on the spacious front porch or venture outside to the sizable yard. This home also features solar panels for energy efficiency and an outdoor storage area for added convenience. Located in close proximity to Duke University, a variety of dining options, shopping centers, and entertainment venues, this property offers both comfort and convenience in the heart of Durham.
| |||
| Dec 8, 2020 | Sold | ||
| Sold | |||
| Dec 14, 2010 | Sold | ||
| Sold | |||
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 Lyon Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Patricia Gillespie Hampton, Hampton & Company Real Estate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10016946
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10016946
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