$410,000
●
House -
Off Market
138 Daneborg Road
Durham, NC 27703
4 Beds
3 Baths
2,322 Ft²
$2,454
Est. Monthly
$71
HOA / Fees
5.52%
Cap Rate
About This Property
$$HUGE PRICE REDUCTION! $$ GREAT DEAL! $$ Motivated Seller! $$
Experience the Perfect Blend of $avings and Serenity in this
Stunning Home! With $ SOLAR PANELS $ that Save You $Money$ While
Brightening Your Life, this 4-bedroom, 3-bathroom Beauty is
Designed for Comfort and Style. Enjoy an Expansive, Open Floor Plan
Bathed in Natural Light, Freshly Painted Kitchen and Updated Wood
Plank Tile Floors. A Spacious Loft Area Perfect for Relaxation or
Entertainment. The Luxurious Primary Suite Features a Custom
Closet, Separate Shower & Tub. Plus, a Convenient First-Floor
Bedroom Ensures Flexibility for Your Lifestyle. Step Outside to
Your Fenced Backyard, Ideal for Outdoor Living, and Take Advantage
of the Walking Trail Next Door for Peaceful Walks in Nature and to
the Neighborhood Park. This Home Offers the Perfect Combination of
Beauty, Functionality, and Eco-Friendly Savings!
Unit Size
2,322 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$183
Property Type
House
Property Taxes
$296
HOA Dues
$71
Year Built
2013
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Cap Rate Calculator
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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 #10082639)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2025 | Sold | ||
| Sold | |||
| Jun 5, 2025 | In contract | - | |
| In contract | |||
| May 18, 2025 | Price Decreased |
$424,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
| May 9, 2025 | Price Decreased |
$434,900
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Apr 23, 2025 | Price Decreased |
$439,900
↓ $2K
(0.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Garage
Air Conditioning
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
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HOA + Taxes
About Durham
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Listed by: Delynda Cook, DeLynda Realty, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10082639
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10082639
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