$450,000
●
House -
Off Market
1604 Caliper Way
Durham, NC 27713
3 Beds
2 Baths,
1
Half Bath
1,930 Ft²
$2,479
Est. Monthly
$35
HOA / Fees
5.02%
Cap Rate
About This Property
This tastefully updated 3 bedroom, 2.5 bath with a 2 car garage in
Hope Valley Farms is at the epicenter of the best of Durham. When
you are not enjoying the sunny backyard or nearby HOA playground,
within 20 minutes you can easily walk on the American Tobacco
Trail, bike to The Streets at Southpoint, or drive to RTP, Duke,
UNC Chapel Hill, Downtown Durham, and RDU. The primary suite has
been updated with a tiled shower and updated flooring, and the
downstairs upgrades include a cozy family room, perfect for movie
night. A large storage closet on the second floor as well as the
Primary walk-in closet provide ample storage space. There are also
many eco-conscious and smart features including: Photovoltaic
Solar Power system (solar panels), a Level-2 electric car charging
hook-up in the garage, an induction stove, Nest thermostats, and a
SimpliSafe security system, which make this home ready for the
future!
Unit Size
1,930 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$233
Property Type
House
Property Taxes
$234
HOA Dues
$35
Year Built
2006
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #10034815)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | Listed by Berkshire Hathaway HomeService | $450,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| | |||
|
This tastefully updated 3 bedroom, 2.5 bath with a 2 car garage in Hope Valley Farms is at the epicenter of the best of Durham. When you are not enjoying the sunny backyard or nearby HOA playground, within 20 minutes you can easily walk on the American Tobacco Trail, bike to The Streets at Southpoint, or drive to RTP, Duke, UNC Chapel Hill, Downtown Durham, and RDU. The primary suite has been updated with a tiled shower and updated flooring, and the downstairs upgrades include a cozy family room, perfect for movie night. A large storage closet on the second floor as well as the Primary walk-in closet provide ample storage space. There are also many eco-conscious and smart features including: Photovoltaic Solar Power system (solar panels), a Level-2 electric car charging hook-up in the garage, an induction stove, Nest thermostats, and a SimpliSafe security system, which make this home ready for the future!
| |||
| Jul 1, 2013 | Sold | ||
| Sold | |||
| Sep 25, 2006 | Sold | ||
| Sold | |||
Property Highlights
Garage
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jose W Serrano, Berkshire Hathaway HomeService
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10034815
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10034815
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017