$241,000
●
Townhouse -
Off Market
1105 Midtowne Way #1105
Durham, NC 27713
3 Beds
4 Baths,
1
Half Bath
1,941 Ft²
$347,929
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
PRIME LOCATION - Minutes to RTP/RDU, Downtown Durham, Southpoint
area etc. Spectacular 3 bedroom, 3.5 bath townhome loaded with
upgrades. Espresso engineered hardwood on main level, tile in baths
subway tile backsplash, gas stove, tankless hot water, granite
countertops, upgraded cabinets, and more. Priced below market value
so you'll need to move quickly. Backs to woods, 3.5 miles of
walking trails and pet park. Includes all appliances. Truly move in
ready.
Unit Size
1,941 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$119
Property Type
Townhouse
Property Taxes
$220
HOA Dues
$150
Year Built
2015
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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 #2204500)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2022 | Sold | ||
| Sold | |||
| Feb 17, 2022 | Listed by Navigate Realty | $415,000 | |
| Listed by Navigate Realty | |||
| | |||
|
Amazing 3BR/3.5Ba Town Home. Third floor could be bonus or BR. Loaded with upgrades. Stunning kitchen. Walk-in closets. Hardwoods throughout. Super convenient location; close to I-40, Chapel Hill, downtown Durham, and Southpoint. Shows beautifully. View off patio faces to private wooded area. Don't miss this one!!
| |||
| Aug 25, 2018 | No longer available | - | |
| No longer available | |||
| Aug 22, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | Listed | $230,000 | |
| Listed | |||
| | |||
|
PRIME LOCATION - Minutes to RTP/RDU, Downtown Durham, Southpoint area etc. Spectacular 3 bedroom, 3.5 bath townhome loaded with upgrades. Espresso engineered hardwood on main level, tile in baths subway tile backsplash, gas stove, tankless hot water, granite countertops, upgraded cabinets, and more. Priced below market value so you'll need to move quickly. Backs to woods, 3.5 miles of walking trails and pet park. Includes all appliances. Truly move in ready. The manager has listed the unit size as 1941 square feet.
| |||
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Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned, Parking Lot
Interior Details
Bedrooms: 3
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Bathtub/Shower Combination, Granite Counters, High Ceilings, High Speed Internet, Kitchen/Dining Room Combination, Living/Dining Room Combination, Second Primary Bedroom, Shower Only, Walk-In Closet(s)
Appliances: Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Tankless Water Heater, Washer
Flooring Type: Carpet, Ceramic Tile, Hardwood
Window Features: Insulated Windows
Laundry Features: Electric Dryer Hookup, In Hall, Laundry Closet, Upper Level
Rooms: 6
Exterior Details
Square Footage: 1941
Architectural Style: Traditional
Year Built: 2015
Above Grade Finished Area: 1941Square Feet
Building Area Total: 1941
Levels: Three Or More
Building Area Units: Square Feet
Construction Materials: Radiant Barrier, Vinyl Siding
Patio and Porch Features: Patio, Porch
Foundation: Slab
Lot Features: Partially Cleared
Lot Size Area: 1306.8
Lot Size Units: Square Feet
Lot Size Acres: 0.03
Lot Size Square Feet: 1306.8
Lot Size Dimensions: 20 x 71 x 20 x 71
Water Source: Public
Financial Details
Tax Annual Amount: $2,638
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Maintenance Structure, Trash
HOA/Condo/Coop Amenities: Trail(s)
HOA Fee: $150
HOA Fee Frequency: Monthly
Utilities Details
Cooling Type: Central Air
Heating Type: Electric, Forced Air, Natural Gas
Utilities for Property: Cable Available
Sewer : Public Sewer
Community & neighborhood Details
Region: Durham
Subdivision: MidTowne at Meridian
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/17/2022
|
3 Bed
|
4 Bath
|
1964 ft²
|
$415,000
3 Bed
4 Bath
1964 ft²
|
$425,000
+2.41%
03/18/2022
|
Julie Chapin
Navigate Realty
| |
|
07/18/2018
|
3 Bed
|
4 Bath
|
1941 ft²
|
$230,000
3 Bed
4 Bath
1941 ft²
|
$241,000
+4.78%
08/22/2018
|
Larry Tollen
My NC Homes
|
Building Info
About Durham
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Listed by: Larry Tollen, My NC Homes
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2204500
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2204500
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