1506 Dexter Street
About This Property
The gourmet kitchen showcases a stunning quartz island with a waterfall edge and top-of-the-line GE Monogram stainless steel appliances.
Additional highlights include custom smart Lutron luxury shades, surround sound throughout the home, a fully fenced backyard, EV charger, and a tankless water heater. The bonus suite with a separate entrance is ideal for a media room, multigenerational living, or potential rental use. Indoor-outdoor living shines with two screened-in porches one off the living room and the balcony off the primary suite offering private, peaceful retreats for relaxing or entertaining. Spacious backyard also offers ample room for a future pool.
2-10 Home Warranty included • Washer & dryer convey
Just minutes from Downtown Durham, Trinity Park, Duke Park, 9th Street, Ellerbee Creek Trail, and top dining destinations, this home delivers an exceptional blend of style, convenience, and quality craftsmanship in the heart of the Bull City. The planned redevelopment of nearby Northgate Mall into a vibrant mixed-use destination by Northwood Investors further enhances the area's long-term appeal.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 4, 2026 | Sold | ||
| Sold | |||
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Price Decreased |
$1,335,000
↓ $260K
(16.3%) | |
| Price Decreased | |||
| Feb 5, 2026 | Listed by Compass -- Chapel Hill - Durham | $1,595,000 | |
| Listed by Compass -- Chapel Hill - Durham | |||
| Jun 7, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017