16
Map
$545,000
●
House -
For Sale
1202 Lansing Avenue
Durham, NC 27713
4 Beds
2 Baths,
1
Half Bath
2,350 Ft²
$3,330
Est. Monthly
$150
HOA / Fees
About This Property
1202 Lansing Ave is a two-story Durham home with four bedrooms, two
full bathrooms, one half bathroom and 2,350 square feet of living
area. The kitchen has white cabinetry, a sink peninsula, range,
microwave and dishwasher, with a windowed breakfast nook at the
rear. The adjoining living area has a fireplace, a double-height
ceiling and two rows of windows beside the staircase. A separate
dining room sits near the entry. The main-floor primary bedroom has
a tray ceiling and an adjoining bathroom with a tub and separate
shower. Three bedrooms occupy the upper level. A raised rear deck
overlooks the yard, and an attached two-car garage faces the front.
Unit Size
2,350 Ft²
Days on Market
8 days
Land Size
0.34 acres
Price per sqft
$232
Property Type
House
Property Taxes
$503
HOA Dues
$150
Year Built
2004
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: 8 days ago (TMLS #10197870)
Price History
Property Highlights
Air Conditioning
Fireplace
Garage
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Garage
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Flooring Type: Carpet, Laminate
Rooms: 10
Has Fireplace
Fireplace Features: Gas
Fireplaces: 1
Exterior Details
Square Footage: 2350
Architectural Style: Traditional
Year Built: 2004
Building Area Total: 2350
Levels: Two
Construction Materials: Vinyl Siding
Lot Size Area: 0.34
Lot Size Units: Acres
Lot Size Acres: 0.34
Lot Size Square Feet: 14810.4
Water Source: Public
Financial Details
Tax Map Number: 11
Tax Assessed Value: $639,140
Tax Annual Amount: $6,038
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Unknown
HOA Fee: $150
HOA Fee Frequency: Quarterly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Emory Woods Orchards
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Listed by: Thomas Ladane Shoupe, Opendoor Brokerage LLC
Last Updated: 8 days ago
Data Source: TMLS, MLS# 10197870
Last Updated: 8 days ago
Data Source: TMLS, MLS# 10197870
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