$589,000
●
House -
Off Market
1403 Vickers Avenue
Durham, NC 27707
3 Beds
1 Bath,
1
Half Bath
1,617 Ft²
$3,282
Est. Monthly
3.27%
Cap Rate
About This Property
Are you a Kinfolk devotee, Schoolhouse Electric fan or a
Remodelista junkie? This is the house for you! Lovingly and
thoughtfully stewarded through the decades with an eye toward
soulful upgrades and dutiful maintenance, this feel-good Dutch
colonial offers impeccable charm in the heart of downtown Durham. A
textural delight, reach out and touch the exposed brick, dreamily
preserved vintage wallpaper, character rich-floors, and butcher
block counters. The current owners have improved the property with
the addition of a canopy-view screen porch with deck beneath
overlooking the oversized backyard. 3 beds, 1.5 baths, ample living
space and great off street parking. Amazing proximity to Duke,
DPAC, DBAP, American Tobacco, Forest Hills and Orchard Parks, easy
to Chapel Hill.
Unit Size
1,617 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$364
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1925
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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 #10088823)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Apr 11, 2025 | Listed by Nest Realty of the Triangle | $589,000 | |
| Listed by Nest Realty of the Triangle | |||
| Dec 29, 2020 | Sold | ||
| Sold | |||
| Dec 4, 2020 | Listed by Nest Realty of the Triangle | $419,000 | |
| Listed by Nest Realty of the Triangle | |||
Property Highlights
Parking Available
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
Sold On
HOA + Taxes
About Forest Hills
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Listed by: Sam Poole, Nest Realty of the Triangle
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10088823
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10088823
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