$592,500
●
House -
Off Market
1310 Farm Leaf Drive
Durham, NC 27703
3 Beds
2 Baths,
1
Half Bath
2,143 Ft²
$3,545
Est. Monthly
$260
HOA / Fees
3.08%
Cap Rate
About This Property
Rare opportunity for one of the BEST, most SPACIOUS lots in Fendol
Farms - a 55+ active adult community with clubhouse, exercise room,
pool, walking trails, dog park, pickleball courts, tennis courts
and community garden! This better than new ranch style home has 3
bedrooms, 2.5 baths, and an abundance of windows that flood the
interior with natural light. The upgraded kitchen features a
generous island & an array of high-end amenities including a gas
range, granite countertops, stainless steel appliances, a stylish
backsplash! The open floor plan + outdoor living is an
entertainer's dream. One of the RARE lots in the neighborhood
that doesn't back up to a road or a row of houses, which allows for
views of beautiful and peaceful sunsets. The private porch off the
owner's suite is one of the few large decks in the subdivision.
Large owner's suite that can offers an extra space that can be used
for a loveseat and a TV, reading nook, exercise, small office and
much more. Seller will pay for stairs to be added to the back
deck with acceptable offer!
Unit Size
2,143 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$278
Property Type
House
Property Taxes
$363
HOA Dues
$260
Year Built
-
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Cap Rate Calculator
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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 #2538321)
Price History
Property Highlights
Air Conditioning
Fireplace
Garage
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 Durham
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Listed by: Samuel Spangler Duncan, DASH Carolina
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2538321
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2538321
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