$75,000
↓ $5K (2.1%)
●
House -
Off Market
1401 Robinhood Road
Durham, NC 27701
2 Beds
1 Bath
845 Ft²
$132,417
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Reduced!! Great opportunity for a investment home with tenants in
east Durham! This home is as-is, seller will not make any repairs!
Unit Size
845 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$118
Property Type
House
Property Taxes
$97
HOA Dues
-
Year Built
1940
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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 #2340388)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 6, 2025 | Price Decreased |
$235,000
↓ $5K
(2.1%) | |
| Price Decreased | |||
| Jul 9, 2025 | Price Decreased |
$240,000
↓ $10K
(4%) | |
| Price Decreased | |||
| Jun 13, 2025 | Listed | $250,000 | |
| Listed | |||
| | |||
|
This lovely home has been renovated within the past few years. Kitchen, floors, paint have all been completed within the last 5 years. This makes for a remarkable starter home, a home for a seasoned buyer, or an investment property because it has NO HOA!
The home boasts a large yard, a covered carport, a screened in porch, and unlike others in the area, 3 bedrooms! Did I mention LOCATION?! Come get this one before it is gone!
| |||
| Aug 25, 2022 | Sold | ||
| Sold | |||
| Jul 1, 2022 | Listed by ITM Real Estate Management | $229,900 | |
| Listed by ITM Real Estate Management | |||
| | |||
|
Move-in ready! New everything and close to downtown Durham, stainless steel appliances, LVP flooring, new roof, new windows, barn doors, screened porch, spacious yard
| |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Durham
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Listed by: Alton R Tyndall, Dickerson Brady Realty, Inc.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2340388
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2340388
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