1214 Halcyon Place
About This Property
Features include a new roof (October 2023). Hardwood floors throughout the first floor, stairs, and second-floor hallway, and a whole-house water filtration system. The main level features a convenient first-floor primary suite with a low-entry shower. Upstairs, you'll find flexible spaces including a bedroom with a cozy reading nook and another with a built-in Murphy bed-perfect for guests.
The home is well-equipped with two refrigerators and propane supply to the outdoor grill, making hosting easy.
Step outside to enjoy the quiet, wooded setting with room to garden, relax, or explore your own private slice of nature. A creek with a walking path adds to the property's charm and usability. A standout feature is the charming she shed, ideal for a home office, creative studio, workout room, or peaceful retreat. A bonus room above garage provides even more flexibility for your needs.
Located near GW Hill Forest and offering privacy, usable acreage, and versatile indoor and outdoor spaces, this property is a rare opportunity to enjoy the charm of country living while still being conveniently within reach of Durham, Roxboro, and Hillsborough.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2026 | Sold | ||
| Sold | |||
| May 18, 2026 | In contract | - | |
| In contract | |||
| May 12, 2026 | Listed by Julie Wright Realty Group LLC | $499,999 | |
| Listed by Julie Wright Realty Group LLC | |||
| May 28, 2020 | Sold | ||
| Sold | |||
| Feb 25, 2020 | Listed by Julie Wright Realty Group LLC | $389,900 | |
| Listed by Julie Wright Realty Group LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017