$95,000
●
House -
Off Market
1507 Concord Street
Durham, NC 27707
2 Beds
1 Bath
938 Ft²
$165,614
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model
About This Property
Just a 10-min walk from Downtown! Historic bungalow has been
completely renovated! New insulation, electrical, drywall,
refinished hardwood floors, new laminate kitchen & bathroom floors,
completely repainted inside & out amongst the many upgrades. Fully
enclosed back porch overlooks backyard patio. Truly a must see!
Unit Size
938 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$111
Property Type
House
Property Taxes
$58
HOA Dues
-
Year Built
1945
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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 #2132982)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $104,000 | |
| Listed | |||
| | |||
|
Just a 10-min walk from Downtown! Historic bungalow has been completely renovated! New insulation, electrical, drywall, refinished hardwood floors, new laminate kitchen & bathroom floors, completely repainted inside & out amongst the many upgrades. Fully enclosed back porch overlooks backyard patio. Truly a must see!The manager has listed the unit size as 938 square feet.
| |||
| Jun 8, 2017 | Listed by Keller Williams Elite Realty | $104,000 | |
| Listed by Keller Williams Elite Realty | |||
| | |||
|
Just a 10-min walk from Downtown! Historic bungalow has been completely renovated! New insulation, electrical, drywall, refinished hardwood floors, new laminate kitchen & bathroom floors, completely repainted inside & out amongst the many upgrades. Fully enclosed back porch overlooks backyard patio. Truly a must see!
| |||
| May 8, 2015 | Sold | ||
| Sold | |||
| Apr 6, 2015 | Listed by Keller Williams Preferred Realty | $39,900 | |
| Listed by Keller Williams Preferred Realty | |||
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Property Highlights
Parking Available
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
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Listed by: Aaron Moon, Keller Williams Preferred Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2132982
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2132982
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