$183,500
●
House -
Off Market
1514 N Miami Boulevard
Durham, NC 27701
3 Beds
2 Baths
1,339 Ft²
$283,983
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
WOW!!! A home in this condition...in this location...at this
price!? Are you kidding me? We're not kidding. Check out all of the
upgrades: new windows, new flooring, new paint, new cabinets, new
granite, new lights, new stove and dishwasher, and the list goes on
and on. And wait until you see all of the storage in the walk up
attic! Enjoy hanging out on the patio in the back, or sit on the
front porch and watch the world go by. Either way, this house is
the house for you. Hurry, it won't last long!
Unit Size
1,339 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$144
Property Type
House
Property Taxes
$136
HOA Dues
-
Year Built
1940
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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: 12 months ago (TMLS #2228910)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Dec 29, 2023 | Listed by 360 REALTY | $249,900 | |
| Listed by 360 REALTY | |||
| | |||
|
Spacious Cape Cod in a super convenient location in Durham. Close to everything! 3 bedrooms, 2 full baths (tax card reflects 1.5 baths). Large living room that opens to the eat in kitchen. Laminate wood flooring, nice fixture choices, and tons of storage. Large den with laundry that opens to the large back yard with patio and privacy fence. Upgraded kitchen with granite counters and modern touches. Stainless appliances remain. Both bathrooms have some lovely upgrades as well. Super size attic room with permanent stairs. Not counted in the square footage due to ceiling height, but makes excellent storage or bonus room. Prime Durham location and close to everything!
| |||
| Jul 31, 2023 | Sold | ||
| Sold | |||
| Jul 14, 2022 | Sold | ||
| Sold | |||
| Mar 16, 2022 | Listed by EXP Realty LLC | $299,000 | |
| Listed by EXP Realty LLC | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Wellons Village
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Listed by: Dana LaBerge, EXP Realty LLC
Last Updated: 12 months ago
Data Source: TMLS, MLS# 2228910
Last Updated: 12 months ago
Data Source: TMLS, MLS# 2228910
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