$463,000
●
House -
Off Market
1117 Iredell Street
Durham, NC 27705
3 Beds
2 Baths
2,182 Ft²
$670,816
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
A beauty inside + out, you'll swoon for this 1936 cottage located
just steps from NCSSM + blocks from Duke's East Campus. Float over
hardwood floors + twirl thru updated kitchen, 3 BRs, 2 BAs,
bonus/office + screen porch. Sweet dormer room for nursery, art
studio or office. Basement = additional storage. Fenced back yard
comes with storage shed + alley access. Garden features persimmon,
blueberry, fig, banana tree + ornamentals with ample room for more.
Come take a spin before her dance card is full!
Unit Size
2,182 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$210
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1936
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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 #2279598)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| Apr 11, 2024 | Listed by Allen Tate / Durham | $875,000 | |
| Listed by Allen Tate / Durham | |||
| | |||
|
Welcome to 1117 Iredell Street, a timeless gem nestled in the heart of Durham, NC. Built in 1936, this exquisite home seamlessly combines charming vintage details with contemporary upgrades for the utmost comfort and convenience.
Step inside to discover a meticulously renovated kitchen and bathrooms, thoughtfully designed to meet the needs of modern living while preserving the character of yesteryears. With 4 bedrooms plus a cozy reading/play nook, there's ample space for relaxation and creativity.
One of the highlights of this historic home is the primary suite, boasting a spacious closet—an unexpected luxury in a residence of this vintage.
Outside, the allure continues with a delightful screened porch overlooking a flat, fenced backyard. Whether you're hosting gatherings or enjoying quiet moments with loved ones, this outdoor oasis offers the perfect setting for creating cherished memories.
Located in a coveted neighborhood in Durham, 1117 Iredell Street is not just a home—it's a testament to timeless elegance and modern comfort. Did I mention it's .3 miles from Monuts, .2 miles to Joe Van Gogh, .8 miles to Whole Foods, .7 miles to Oval Park.
Fireplace has been used by sellers (for wood) but it was built for coal so it is not up to code per inspection they had when they purchased.
DPS is redistricting and changing school choice- please see DPS growing together site for more info
| |||
| Oct 29, 2019 | Sold | ||
| Sold | |||
| Sep 19, 2019 | Listed by RED Collective | $458,000 | |
| Listed by RED Collective | |||
| Jun 5, 2017 | 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
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Type
Beds
Baths
ft²
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HOA + Taxes
About Watts Hospital-Hillandale
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Listed by: Connie Semans, RED Collective
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2279598
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2279598
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