$649,900
●
House -
Off Market
1222 Oak Drive
Durham, NC 27712
4 Beds
4 Baths,
1
Half Bath
3,892 Ft²
$654,938
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Fabulous one owner, custom built home on secluded 1+ acre lot.
Solid construction! Property sits at the end of a quiet
street surrounded by woods. Home features a full basement with
kitchen, bedroom, bath w/ walk-in shower, office, huge rec area,
covered patio & exterior access and abundant parking. Would
be wonderful for an in-law suite or build out extra bedrooms &
still have tons of usable space. Upstairs features owners suite
with whirlpool tub & bidet, formal dining, family room, breakfast,
laundry, sunroom, deck and 2 car garage with built in storage.
Beautiful private yard offers garden areas, fruit trees,
wired workshop & additional huge & well built 60x40 storage
building with ramp in rear of property plus lots of parking.
Open floorpan on both levels, whole house generator, central
vacuum system, lots of storage and built in closet organizers.
Minutes from I85, 147, Duke, Downtown & Eno.
Unit Size
3,892 Ft²
Days on Market
-
Land Size
1.15 acres
Price per sqft
$167
Property Type
House
Property Taxes
$523
HOA Dues
-
Year Built
2004
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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 #2498467)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2023 | Sold | ||
| Sold | |||
| Mar 8, 2023 | Listed by Seagroves Realty | $649,900 | |
| Listed by Seagroves Realty | |||
| Dec 29, 2022 | No longer available | - | |
| No longer available | |||
| Nov 8, 2022 | Price Decreased |
$845,000
↓ $50K
(5.6%) | |
| Price Decreased | |||
| Oct 17, 2022 | Listed by Seagroves Realty | $895,000 | |
| Listed by Seagroves Realty | |||
| | |||
|
Fabulous one owner custom built home on secluded 1+ acre lot. Solid construction! Home features a full basement with kitchen, bedroom, bath w/ walk-in shower, office, huge rec area, covered patio & exterior access and parking. Would be wonderful for an in-law suite or build out extra bedrooms & still have tons of usable space. Upstairs features owners suite with whirlpool tub & bidet, formal dining, family room, breakfast, laundry, sunroom, deck and 2 car garage with built in storage. Beautiful private yard offers garden areas, fruit trees, wired workshop & additional huge 60x40 storage building with ramp in rear of property plus lots of parking. Open floorpan on both levels, whole house generator, central vacuum system, lots of storage and built in closet organizers. Minutes from I85, Duke, Downtown. The manager has listed the unit size as 3892 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Huckleberry Heights
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Listed by: Julie H Soles, Seagroves Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2498467
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2498467
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