$482,500
●
House -
Off Market
1401 Ruffin Street
Durham, NC 27701
3 Beds
3 Baths,
1
Half Bath
2,206 Ft²
$645,364
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Completely renovated mid-century modern gem in highly sought after
Trinity Park. Includes brand new kitchen, bathrooms,
plumbing, electrical, windows, HVAC and roof. Owner's suite
includes stunning master bath and walk-in closet. Original
hardwoods on the main level and brand new LVP in the bright and
light finished basement complete with custom built-ins and
refreshment bar. Walking distance to trails and convenient to I-85,
Duke and Downtown Durham.
Unit Size
2,206 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$235
Property Type
House
Property Taxes
$354
HOA Dues
-
Year Built
1961
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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 #2358539)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 30, 2022 | Sold | ||
| Sold | |||
| Mar 11, 2021 | Sold | ||
| Sold | |||
| Dec 18, 2020 | Listed by The Acorn Agency, LLC | $519,000 | |
| Listed by The Acorn Agency, LLC | |||
| Jun 15, 2020 | Sold | ||
| Sold | |||
| May 8, 2020 | Listed by Kendahl McIntyre Real Estate | $275,000 | |
| Listed by Kendahl McIntyre Real Estate | |||
| | |||
|
Situated on a corner lot in desirable Trinity Park, this 3 bedroom 2.5 bath BASEMENT home offers amazing potential. Enjoy the entire home or rent out the basement for additional income-Your choice! You could not ask for a better location. Cruise into downtown Durham, Brightleaf Square and 9th St. Take a stroll on Ellerbee Creek Trail and enjoy the surrounding local parks. Hardwoods under carpet in great condition.
| |||
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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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About Trinity Park
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Currently no similar homes aroundNearby Rentals
Listed by: Vance Josey, The Acorn Agency, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2358539
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2358539
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