1313 Watts Street
About This Property
Inside, you'll find beautifully maintained original heart pine floors, tall ceilings, a tiled fireplace, original crown molding and amazing vintage wallpaper. Outside the fully fenced backyard offers a peaceful retreat with raised planter boxes, herbs, and shrubs - plus a convenient shed for all your gardening tools.
Recent improvements include a down to the studs kitchen renovation (2022), a complete bathroom renovation (2025), a new roof with GAF Golden Pledge Warranty (2022), and all-new air ducts (2021).
Step outside and enjoy all that Trinity Park and the area has to offer - stroll to Duke's East Campus, Trinity Park Playground, or Pearl Mill Preserve, all within 0.7 miles. Whole Foods, Ninth Street, and downtown Durham are just minutes away.
Don't miss this rare opportunity to own this beautifully and special Durham property.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017