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1401 Milan Street
About This 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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$349,900
↓ $100
(0%) | |
| Price Decreased | |||
| Sep 11, 2026 | Listed by Northside Realty Inc. | $350,000 | |
| Listed by Northside Realty Inc. | |||
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 23, 2026 | In contract | - | |
| In contract | |||
| Feb 21, 2026 | Listed by Coldwell Banker - HPW | $170,000 | |
| Listed by Coldwell Banker - HPW | |||
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Fix & Flip this 3 bed 2 full bath, 1987 one story with attached garage in Milan Woods, Durham NC. Corner lot, living room with 2 sky lights & wood burning fireplace, dining with bay window open to living room with lovely view of back yard.
The dining & living room features a cathedral ceiling. The larger primary with an attached bath and walk-in closet. Two secondary bedrooms share the full hall bath. Back Deck, tall crawl space, and mature trees adorn this lot and neighborhood providing a delightful backdrop to the dwellings.
Values in this neighborhood, Milan Woods, for a property like this, are in the mid $300's for a property in good condition.
This neighborhoods maintains a quiet and secluded feel while being an affordable choice. Conveniently located near major thoroughfares for easy commuting to RTP 9 mins, downtown Durham & North Carolina Central University 10 mins, Duke University 13 mins, Duke Regional Hospital 14 mins and Duke University Hospital 15 mins, Raleigh Durham International Airport 17 mins. (Drive times are approximate)
This property is priced in the condition it is in and the seller will not be making any repairs. Sold for CASH in as-is condition.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017