$385,000
●
House -
Off Market
14 Boxwood Drive
Durham, NC 27713
3 Beds
2 Baths
1,184 Ft²
$1,992
Est. Monthly
$33
HOA / Fees
6.43%
Cap Rate
About This Property
This tasteful three bedroom, two bath, single level home; with
lovely, fenced backyard, is conveniently located close to
Southpoint, downtown Durham and main travel routes. The spacious
family room and dining room boast vaulted ceilings and a wood
burning fireplace. Access to the L-shaped deck and spacious
backyard is though the family room. An efficient kitchen includes
refrigerator, dishwasher, electric smooth top range, disposal, and
bay window with room for a breakfast table. Large windows and
architectural details such as crown molding, chair railing and
wainscoting are found throughout much of the home. The primary
bedroom suite has high ceilings, a private en suite bath and a
large walk-in closet. This home has been well kept, has recently
been painted and new carpet has been installed in the bedrooms and
hall. Community amenities include a clubhouse with meeting and
exercise rooms, a pool and walking trails near the lake. Piney Wood
Park is a short distance away. Great details and a truly livable
floorplan make this home an exceptional choice.
Unit Size
1,184 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$300
Property Type
House
Property Taxes
$215
HOA Dues
$33
Year Built
1987
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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 #10015459)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 3, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | Listed by Tony Hall & Associates | $355,000 | |
| Listed by Tony Hall & Associates | |||
| Sep 30, 2019 | Sold | ||
| Sold | |||
| Aug 21, 2019 | Listed by Tony Hall & Associates | $230,000 | |
| Listed by Tony Hall & Associates | |||
| Apr 28, 2016 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
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 Woodlake
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Listed by: Chris M Culbreth, Tony Hall & Associates
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10015459
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10015459
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