1606 Sycamore Street
About This Property
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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 |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | Listed by Hodge&KittrellSothebysIntlRlty | $750,000 | |
| Listed by Hodge&KittrellSothebysIntlRlty | |||
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A rare opportunity to purchase a single-level brick ranch home in the highly desirable Lakewood neighborhood, directly adjacent to Forest Hills. This gorgeous home, built in 1957, has been thoughtfully updated and features a brand new, stunning open kitchen with beautiful hardwood floors.
The layout is incredibly inviting, offering two fireplaces—one in the living room and another in the expansive kitchen area—and a spacious dining room that's perfect for entertaining. You'll also love the beautiful three-seasons room located off the kitchen, which provides a lovely transition to the private backyard with its very own built-in pizza oven.
The family room is a particularly charming space, offering a sense of warmth and sophistication with its mahogany bookshelves and cozy fireplace. It also provides direct access to a beautiful sunroom that overlooks the private backyard.
The peaceful, cul-de-sac location of this home is incredibly convenient, offering easy access to downtown Durham, 15-501, Duke University, NCCU, and Research Triangle Park (RTP). It's also within walking distance to both Rockwood and Forest Hills parks. The location is truly unbeatable with it's close proximity to popular local restaurants like Nana's, Foster's Market, Guglhupf and The Boot Room. This home offers convenient access to Duke, downtown Durham, and UNC.
If you're seeking a one-level ranch in a family-friendly quiet neighborhood that is close to everything, this home is truly a must-see. Please let me know if you'd like more information or to schedule a visit. Do not miss the opportunity to make this truly fantastic house your home.
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| Mar 15, 2021 | Sold | ||
| Sold | |||
| Sep 13, 2020 | Listed by RE/MAX One Hundred | $399,000 | |
| Listed by RE/MAX One Hundred | |||
| May 30, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017