$857,500
●
House -
Off Market
1116 Gaston Manor Drive
Durham, NC 27703
3 Beds
3 Baths,
1
Half Bath
3,558 Ft²
$5,094
Est. Monthly
$233
HOA / Fees
1.86%
Cap Rate
About This Property
TIME for the Next STEP? This 55+ community is close to
shopping, restaurant and parks.. A combination of main level living
and the flexibility of a second level bonus site perfect for
multigenerational visitors or a caretaker. This lovely 3-bedroom,
3.5-bathroom charmer offers a Traditional home's welcoming
proportions and sight lines. Across the threshold, nice touches
include one level living with an upstairs bonus suite Hardwoods
throughout, an open layout, natural light and stylish fixtures
both, neutral decor, and a gas fireplace in the den. Culinary
possibilities simmer in the ample, well-designed kitchen,
premium appliances, granite counters, and an attractive
island layout. The tranquil main-floor primary bedroom includes two
walk-in closets. The other two bedrooms,, are en suite with ample
closet space. Attached two-car garage. An inviting front porch plus
a sunroom and covered patio overlooking a private back yard.. Open
the front door to a pleasant new life here in Durham!
Unit Size
3,558 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$246
Property Type
House
Property Taxes
$564
HOA Dues
$233
Year Built
2013
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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 #10036637)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Asking Price
Listed On
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Sold On
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About Durham
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Listed by: Pat Serkedakis, Coldwell Banker HPW Pittsboro
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10036637
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10036637
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