$500,000
●
House -
Off Market
1307 Hill Street
Durham, NC 27707
4 Beds
3 Baths
1,854 Ft²
$578,002
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Gorgeous downtown Durham home in desirable Morehead Hill! Dream
home status: open floor plan, stunning kitchen w/ stainless
appliances, gas range and granite countertops, fenced back yard,
spacious deck perfect for entertaining, beautiful updated
hardwoods, and rocking chair front porch! Giant master bedroom with
spa-style en suite master bath and two walk-in closets. Three
additional bedrooms with two additional full bathrooms. Bedroom on
main floor w/full bath can double as a lovely office or den space!
Unit Size
1,854 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$266
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
2016
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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 #2383266)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2021 | Sold | ||
| Sold | |||
| May 12, 2021 | Listed by Fathom Realty NC, LLC | $494,000 | |
| Listed by Fathom Realty NC, LLC | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Mar 13, 2020 | Listed | $424,000 | |
| Listed | |||
| | |||
|
Gorgeous downtown Durham home in desirable Morehead Hill! Dream home status: open floor plan, stunning kitchen w/ stainless appliances, gas range and granite countertops, fenced back yard, spacious deck perfect for entertaining, beautiful updated hardwoods, and rocking chair front porch! Giant master bedroom with spa-style en suite master bath and two walk-in closets. Three additional bedrooms with two additional full bathrooms. Bedroom on main floor w/full bath can double as a lovely office or den space! The manager has listed the unit size as 1854 square feet.
| |||
| Aug 3, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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HOA + Taxes
About Morehead Hill
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Listed by: Dave Wylie, Fathom Realty NC, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2383266
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2383266
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