$553,000
●
House -
Off Market
1114 Belvins Trace Drive
Durham, NC 27703
2 Beds
2 Baths
1,684 Ft²
$3,463
Est. Monthly
$266
HOA / Fees
1.96%
Cap Rate
About This Property
Welcome to 1114 Belvins Drive in the highly desirable 55+ community
of Carolina Arbors in Durham! This popular Abbeyville floorplan
offers 2 bedrooms plus a versatile flex space ideal for an office
or hobby room. The warm and inviting kitchen features a gas range,
an elevated dishwasher for easy loading, and generous counter
space. The anchor of the easy and open living space is the gorgeous
stone fireplace.Spacious primary suite with tray ceiling. Primary
bath features a large walk-in shower with a bench, plenty of
cabinets and drawers with the large double vanity, water closet.
Natural light abounds and you can take advantage of that and still
have privacy with the custom cordless up and down cellular blinds.
Relax in the spacious 3-season porch with Eze-Breeze vinyl panels,
designed for versatility and comfort. The adjustable wall system
easily transitions from open-air enjoyment to a screened or
enclosed setting, extending your living space through multiple
seasons. Carolina Arbors offers resort-style amenities and a
vibrant lifestyle with activities to keep you young at heart.
Low-maintenance living at its best!
Unit Size
1,684 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$333
Property Type
House
Property Taxes
$447
HOA Dues
$266
Year Built
2014
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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: 8 months ago (TMLS #10145733)
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Property Highlights
Garage
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Durham
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Listed by: Carrie Schlegel, Real Broker, LLC
Last Updated: 8 months ago
Data Source: TMLS, MLS# 10145733
Last Updated: 8 months ago
Data Source: TMLS, MLS# 10145733
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
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