27
Map
$258,000
↓ $14K (5.1%)
●
House -
For Sale
116 Davidson Avenue
Durham, NC 27704
2 Beds
1 Bath
906 Ft²
$1,533
Est. Monthly
About This Property
Don't miss this amazing Northgate Park cottage! Terrific
floor plan with light-filled rooms. Charming features
including hardwood floors, moldings, and living room mantle.
Wonderful outdoor space with front porch overlooking
beautiful front yard, great fenced-in back yard, and large storage
building. New roof in 2024 and professionally waterproofed
crawlspace with lifetime warranty. So close to parks, stores,
and restaurants with easy access to I-85, downtown Durham, and
Duke!
Unit Size
906 Ft²
Days on Market
95 days
Land Size
0.23 acres
Price per sqft
$285
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1943
Listed By
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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 months ago (TMLS #10181860)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 21, 2026 | Price Decreased |
$258,000
↓ $14K
(5.2%) | |
| Price Decreased | |||
| Aug 26, 2026 | Price Decreased |
$272,000
↓ $13K
(4.6%) | |
| Price Decreased | |||
| Jul 23, 2026 | Listed by Frasher Whaley Realty Group | $285,000 | |
| Listed by Frasher Whaley Realty Group | |||
| Apr 26, 2010 | Sold | ||
| Sold | |||
| Mar 1, 2001 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Driveway
Interior Details
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Bathtub/Shower Combination
Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer/Dryer
Flooring Type: Hardwood
Laundry Features: In Hall
Rooms: 7
Exterior Details
Square Footage: 906
Architectural Style: Cottage
Year Built: 1943
Building Area Total: 906
Levels: One
Window Features: Blinds
Construction Materials: Vinyl Siding
Patio and Porch Features: Front Porch
Lot Size Area: 0.23
Lot Size Units: Acres
Lot Size Acres: 0.23
Lot Size Square Feet: 10019
Water Source: Public
Financial Details
Tax Assessed Value: $260,188
Tax Annual Amount: $3,187
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Natural Gas, None
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
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Asking Price
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HOA + Taxes
About Northgate Park
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Listed by: John Whaley, Frasher Whaley Realty Group
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10181860
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10181860
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