$422,500
●
House -
Off Market
1032 Sycamore Street
Durham, NC 27707
4 Beds
3 Baths
2,420 Ft²
$727,130
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model
About This Property
$25,000 SELLER RENOVATION CREDIT!! 1032 Sycamore Street is ready
for a fresh look! More attractive pricing and completed foundation
repairs make it a must see/must buy home. This gem of a home is set
on a hard to find landscaped flat lot in coveted Forest Hills. This
Cape Cottage is a gardener's delight with charm to spare in one of
Durham's best sought after neighborhoods. Bring a modern touch to
this charming cottage while you build equity, updating will be a
breeze with this classic property
Unit Size
2,420 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$190
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1945
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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 #2156359)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 15, 2017 | Sold | ||
| Sold | |||
| Oct 14, 2017 | Listed by Calculus Commercial | $459,000 | |
| Listed by Calculus Commercial | |||
| | |||
|
$25,000 SELLER RENOVATION CREDIT!! 1032 Sycamore Street is ready for a fresh look! More attractive pricing and completed foundation repairs make it a must see/must buy home. This gem of a home is set on a hard to find landscaped flat lot in coveted Forest Hills. This Cape Cottage is a gardener’s delight with charm to spare in one of Durham’s best sought after neighborhoods. Bring a modern touch to this charming cottage while you build equity, updating will be a breeze with this classic property
| |||
| Jul 30, 2017 | Listed by Terra Nova Global Properties | $459,000 | |
| Listed by Terra Nova Global Properties | |||
| Jun 7, 2012 | Sold | ||
| Sold | |||
Property Highlights
Parking Available
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 Forest Hills
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Currently no similar homes aroundNearby Rentals
Listed by: Kevin Davis, Terra Nova Global Properties
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2156359
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2156359
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