$115,000
●
House -
Off Market
1429 HUDSON Avenue
Durham, NC 27705
2 Beds
1 Bath
800 Ft²
$209,722
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model
About This Property
Priced below 2016 appraisal! Move-in ready, one level mid-century
renovated from head to toe. NEW kitchen includes NEW Kenmore
appliances & stainless sink. NEW bath, NEW energy efficient windows
& easy maintenance vinyl siding. Plenty of room for rocking chairs
on large front porch, fenced yard, walk/bike to Duke's East Campus,
shopping, downtown, hospital, entertainment. Ample parking, corner
lot. Good rental for investor; Ideal for first time home buyer.
Unit Size
800 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$156
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
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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 #2097628)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2025 | Sold | ||
| Sold | |||
| May 14, 2025 | In contract | - | |
| In contract | |||
| May 9, 2025 | Listed by Relevate Real Estate Inc. | $259,500 | |
| Listed by Relevate Real Estate Inc. | |||
| | |||
|
Discover the charm of this delightful 2-bedroom, 1-bathroom single-family home nestled in Durham's Ninth Street area.
Situated on a 0.19-acre corner lot in the Broad Acres neighborhood, this home offers easy access to shopping, dining, Duke University East Campus, and major highways.
Enjoy freshly painted interiors complemented by hardwood and vinyl flooring. The living room features a cozy wood-burning fireplace, perfect for relaxing evenings.
The kitchen is equipped with a new glass top stove, microwave, as well as a refrigerator, and a stacked washer/dryer. A tankless water heater and a gas pack HVAC system (both less than 3 years old) ensure energy efficiency and comfort.
Step outside to a fenced backyard, ideal for entertaining, gardening, or providing a safe play area for children and pets. A screened front porch offers a tranquil space to unwind, and a shed provides additional storage or possible he/she shed.
This home is a perfect blend of comfort and convenience, ready for you to move in and make it your own!
| |||
| Jun 25, 2021 | Sold | ||
| Sold | |||
| Mar 26, 2021 | Listed by Franklin Street Realty | $199,000 | |
| Listed by Franklin Street Realty | |||
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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 Duke Homestead
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Listed by: Beth Louden, Franklin Street Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2097628
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2097628
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