$333,000
●
House -
Off Market
1408 Leon Street
Durham, NC 27705
2 Beds
1 Bath
786 Ft²
$314,141
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Bask in the charm of this sweet 1948 home, nestled in the heart of
Durham! | A quintessential southern porch that will invite you in
and ask you to stay awhile! | Offering a delightful combination of
vintage character and modern upgrades, this classic beauty gets
dazzling light, perfect for any plant lover. | Beautiful hardwood
floors flow through the upgraded kitchen, spacious living room with
gas logs, and two bedrooms. | Updates include: new roof and AC in
2019, kitchen and bath renovations with tasteful white tile and
granite, new electrical panel in 2021, and newer appliances. | It
may not be glamorous, but this solidly built ranch also has one
tidy crawl space. | Plenty of storage and workspace in the detached
garage and greenhouse! | Hop on your bike and get to the Ellerbe
Creek Trail just around the bend, or sip sweet tea among enchanting
flower gardens in the serene, private back yard space! | 1408 Leon
Street is truly a sight for sore eyes and ready to be your home
sweet home!
Unit Size
786 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$401
Property Type
House
Property Taxes
$122
HOA Dues
-
Year Built
1948
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #2516538)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
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 Durham
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Marie Kathleen Brockenbrough, Inhabit Real Estate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2516538
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2516538
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017