$350,000
●
House -
For Sale
1409 Berkeley Street
Durham, NC 27705
2 Beds
1 Bath
784 Ft²
$1,938
Est. Monthly
About This Property
Beautifully Remodeled Home in Prime Durham Location Discover
exceptional convenience and value with this remodeled home located
just steps from Northgate Mall and minutes from Downtown Durham.
Positioned in one of Durham's most accessible areas, this property
offers effortless connectivity to I85, Duke University, local
parks, shopping, dining, and the rapidly transforming Northgate
district. Key Features Remodeled Interior - Updated finishes
throughout provide a fresh, moveinready feel. Unbeatable
Location - Next to Northgate Mall and within walking distance to
the upcoming Northgate Mall redevelopment, bringing future retail,
dining, and community amenities right to your doorstep. Easy
Commuting - Quick access to I85, making travel to RTP, Downtown
Durham, and surrounding areas simple and convenient. Strong
Investment Potential - With major redevelopment planned nearby,
this location continues to grow in desirability and longterm value.
Sold AsIs - A great opportunity for buyers or investors looking for
a remodeled home with additional potential.
Unit Size
784 Ft²
Days on Market
72 days
Land Size
0.17 acres
Price per sqft
$446
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1955
Listed By
Veerendar Bokka
Bettersightrealty LLC
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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: 3 months ago (TMLS #10187413)
Price History
Property Highlights
Air Conditioning
Interior Details
Full Bathrooms: 1
Appliances: Dishwasher, Washer/Dryer
Flooring Type: Laminate
Rooms: 2
Exterior Details
Square Footage: 784
Architectural Style: A-Frame
Year Built: 1955
Building Area Total: 784
Levels: One
Construction Materials: Concrete, Vinyl Siding
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Lot Size Square Feet: 7405
Water Source: Public
Financial Details
Tax Map Number: 15-16
Tax Assessed Value: $264,000
Tax Annual Amount: $2,624
Utilities Details
Cooling Type: Central Air
Heating Type: None
Sewer : Public Sewer
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
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About Walltown
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Listed by: Veerendar Bokka, Bettersightrealty LLC
Last Updated: 3 months ago
Data Source: TMLS, MLS# 10187413
Last Updated: 3 months ago
Data Source: TMLS, MLS# 10187413
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