$1,059,000
●
House -
Off Market
1407 N Gregson Street
Durham, NC 27701
4 Beds
3 Baths,
1
Half Bath
3,051 Ft²
$1,093,729
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
This beautiful Trinity Park home features spacious rooms, charming
finishes and an inviting backyard retreat. Enjoy the large dining
room, separate living room and den each with own fireplace, and
lovely sun porch. Recently updated kitchen with quartz countertops,
bathrooms and unfinished basement with tons of potential - third
fireplace, separate rooms, plumbing, and own entrance. Four
bedrooms upstairs, two on either side with adjoining bathrooms.
Current owners use one side as guest room, attached to home office
(bedroom with bookshelves). This home is a Durham must-see! Virtual
tour: https://tinyurl.com/1407ngregson
Unit Size
3,051 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$352
Property Type
House
Property Taxes
$688
HOA Dues
-
Year Built
1939
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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 #2499918)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 19, 2023 | Sold | ||
| Sold | |||
| Mar 16, 2023 | Listed by Marie Austin Realty Co. | $1,075,000 | |
| Listed by Marie Austin Realty Co. | |||
| Apr 20, 2018 | Sold | ||
| Sold | |||
| Feb 22, 2017 | Listed by Marie Austin Realty Co. | $550,000 | |
| Listed by Marie Austin Realty Co. | |||
| | |||
|
BACK ON THE MARKET with a newly updated kitchen featuring new tile floor & back splash, quartz countertops, all new SS appliances, new light fixtures and fresh paint. Also, hardwood floors refinished in 2 upstairs bedrooms. Beautiful LR & DR. Fireplace in LR & den . 4 bedrooms upstairs, 2 full baths and a small office. One bedroom has 2 walls of bookshelves. The basement has a 3rd fireplace, several separate rooms for storage and utility area. New HVAC 2/17.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Trinity Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Anna Selig Murphy, Marie Austin Realty Co.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2499918
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2499918
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