102 Lakeshore Drive
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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 |
|---|---|---|---|
| Aug 20, 2024 | Sold | ||
| Sold | |||
| Jul 19, 2024 | Listed by Fathom Realty NC, LLC | $495,000 | |
| Listed by Fathom Realty NC, LLC | |||
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Welcome to your dream home at 102 Lakeshore Drive in Durham, NC! This stunning single-family property offers a serene retreat with breathtaking lake views.
Boasting 2 bedrooms and 2 bathrooms, this recently renovated home is perfect for those seeking comfort, style, and tranquility.
As you step inside, you will be greeted by an abundance of natural lighting that illuminates every corner of the home. The spacious living area is perfect for entertaining guests or enjoying cozy nights in. The newly installed 20mm LVP flooring throughout adds a touch of elegance and easy maintenance all throughout the house.
The kitchen is a true masterpiece, featuring a breakfast nook where you can savor your morning coffee while enjoying the picturesque lake views. Prepare delicious meals with ease in the well-appointed kitchen, complete with modern appliances and ample counter space.
The primary bedroom is a true retreat, offering sweeping views of the beautiful lake. Wake up to the soothing sounds of nature right outside your window.
Additionally, this property offers a sunroom, providing the perfect spot to relax and unwind after a long day. Enjoy the tranquil views and let the stress melt away as you bask in the serenity of this lakeside oasis.
The location of this home is truly unbeatable but to add to that are tons of upgrades such as a new HVAC, hot water tank, crawl space encapsulation, gutter guards, appliances, garage door, gutter guards, security system and more within past four years!
Situated in a desirable neighborhood just steps away from the neighborhood pool, right beside the walking trail surrounding the lake and a 5 minute walk to the American Tobacco Trail. Not to mention, this home is nestled in the heart of Durham, where you will find yourself in close proximity to top-rated schools and nearby parks, offering an abundance of green spaces for outdoor activities and relaxation.
For those who enjoy dining out and exploring local attractions, a variety of restaurants and cafes are just a stone's throw away. Indulge in culinary delights at popular eateries like The Pit Authentic Barbecue and Pizzeria Toro. With numerous options at your fingertips, you'll never run out of new places to explore.
Don't miss your chance to live in this exceptional lakeside retreat. Contact us today to schedule a viewing and make this dream home yours!
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| Apr 18, 2022 | Sold | ||
| Sold | |||
| Mar 23, 2022 | Listed by Allen Tate/Cary | $385,000 | |
| Listed by Allen Tate/Cary | |||
| Sep 11, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017