$650,000
●
House -
Off Market
104 Spring Valley Lane
Durham, NC 27713
4 Beds
2 Baths,
1
Half Bath
2,687 Ft²
$3,695
Est. Monthly
$211
HOA / Fees
3.69%
Cap Rate
About This Property
The one you've been waiting for. Absolutely stunning home in sought
after Fairfield. Walking distance to the community pool, tennis and
volleyball courts, and playground. The owners have taken
exceptional care of everything from the bottom up. Wrapped crawl
space with dehumidifier. Refinished hardwood floors. Fresh paint.
GORGEOUS, updated kitchen with new cabinets and granite
countertops. As you enter the light-filled foyer you are greeted by
the grand staircase and formal dining room. To your left is a
spacious office or formal living room. Open concept family room,
breakfast area, and the beautiful kitchen. Downstairs primary
bedroom with walk-in closet, and roomy primary bath. Upstairs you
will find 3 bedrooms or use one as a bonus. Great storage! Don't
miss the lovely back garden completely fenced. Sunsetter
retractable awning over the deck and so much more.
Unit Size
2,687 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$242
Property Type
House
Property Taxes
$292
HOA Dues
$211
Year Built
1993
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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 #2541200)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2023 | Sold | ||
| Sold | |||
| Nov 8, 2023 | Listed by Choice Residential Real Estate | $650,000 | |
| Listed by Choice Residential Real Estate | |||
| Jun 16, 2020 | Sold | ||
| Sold | |||
| Apr 9, 2020 | Listed by Choice Residential Real Estate | $400,000 | |
| Listed by Choice Residential Real Estate | |||
| Mar 12, 2013 | Sold | ||
| Sold | |||
Property Highlights
Garage
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 Fairfield
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Currently no similar homes aroundNearby Rentals
Listed by: Allison Sanders, Choice Residential Real Estate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2541200
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2541200
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