$247,000
●
House -
Off Market
1214 W Murray Avenue
Durham, NC 27704
2 Beds
1 Bath
893 Ft²
$1,483
Est. Monthly
5.44%
Cap Rate
About This Property
Delightful gem is this cozy move-in ready brick ranch with some
original character. Original hardwood floors in living room,
bedrooms and hallway. New luxury vinyl flooring in kitchen and
bath. New water heater. Enjoy your gas fireplace in living room.
Numerous fresh updates includes new paint in all rooms, new light
fixtures throughout, new ceiling fans in LR, and bedrooms. New
refrigerator and electric range, new countertop in kitchen, new
blinds. Bathroom complete with new pedestal sink, new toilet new
light fixture, medicine cabinet and vinyl flooring. Spacious fenced
backyard ideal for entertaining, relaxation, and gardening. Storage
shed attached to home. Minutes to Duke, NC School of Math &
Science, Costco, Retail and local dining.
Unit Size
893 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$297
Property Type
House
Property Taxes
$181
HOA Dues
-
Year Built
1954
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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: 9 months ago (TMLS #10115477)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2026 | Sold | ||
| Sold | |||
| Jan 23, 2026 | In contract | - | |
| In contract | |||
| Nov 3, 2025 | Price Decreased |
$265,000
↓ $24K
(8.3%) | |
| Price Decreased | |||
| Sep 24, 2025 | Price Decreased |
$289,000
↓ $11K
(3.6%) | |
| Price Decreased | |||
| Aug 13, 2025 | Listed by Berkshire Hathaway HomeService | $299,900 | |
| Listed by Berkshire Hathaway HomeService | |||
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Property Highlights
Fireplace
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
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Sold On
Sold On
HOA + Taxes
About Durham
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Listed by: Audrey Morris, Berkshire Hathaway HomeService
Last Updated: 9 months ago
Data Source: TMLS, MLS# 10115477
Last Updated: 9 months ago
Data Source: TMLS, MLS# 10115477
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