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Durham 27704 Northeast Durham
1608 Milan Street
$232,000
● House - Off Market

1608 Milan Street

Durham, NC 27704
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,480 Ft²
$291,688
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Your very own Forest RETREAT! This Contemporary One level home is situated on a LARGE wooded lot. Vaulted ceilings provide great natural light & highlight the TWO Master Suites! New roof 2013, New HVAC including duct work 2018, sealed crawl space, New windows throughout most of the home, New Oak hardwoods, New carpets in the bedrooms & freshly paint. This HOME is ready to just move in and relax! Awesome wrap around deck highlights this secluded forest oasis away from it all, yet just minutes to downtown!
Unit Size
1,480 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$132
Property Type
House
Property Taxes
$177
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 2 years ago (TMLS #2234397)

Price History

Date / Event Date Event Price
Mar 5, 2019 Sold
Premium
Sold
Jan 30, 2019 Listed by Nest Realty of the Triangle $195,000
Listed by Nest Realty of the Triangle
Mar 27, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,185
  • Lot Size Depth Feet: 2,360
  • Lot Size Frontage Feet: 1,230
  • Total Building Area: 1,419
  • Building Area: 1,419
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,419
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHEAST HLS SEC 2
  • Land Acres: 0000000670
  • Standard Land Use Code: 1001
  • County Land Use Code: 111
  • Legal Description 1: NORTHEAST HILLS/SEC:02/BL K:J/LT#08 PL000047-000035

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 001801

Zoning

  • Zoning: RS-20

Geography

  • Assessors Map Reference: BK 47 PG 35
  • Section: 2
  • Parcel: 160734
  • Block: J
  • Lot: 8
  • Municipality: CITY OF DURHAM
  • Latitude: 36.0129
  • Longitude: -78.8514

    Address

  • Full Address: 1608 Milan St
  • Address - House Number: 1608
  • Address - Street Name: Milan
  • Address - Suffix Type: St
  • State: NC
  • City Name: Durham
  • Carrier Code: C015
  • 4-Digit Zip Code: 5238
  • Zip Code: 27704

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $300,866
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 75
  • Final Value: 380,688
  • High Value: 451,858
  • Low Value: 309,518

    Market Valuation

  • Market Total Value: $229,687
  • Market Land Value: $33,420
  • Market Improvement Value: $196,267

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,687
  • Assessed Land Value: $33,420
  • Assessed Improvements Value: $196,267

    Sales

  • Current Sale Contract Date: Mar 01, 2019
  • Current Sale Recording Date: Mar 05, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019006694
  • Previous Sale Recording Date: Mar 27, 2006
  • Previous Sale Contract Date: Mar 22, 2006
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northeast Durham

Stats & Trends

Median Asking:

$313,990

Sale Price/ft²

$194

Below Asking

0.02%

Average Days on Market

76

Average Home Size

1778 ft²

Average Home Age

12.1 years

Currently For Sale

82 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1208 Drew Street, Durham, NC, 27701

$2,200 /mo

  • 3 Beds
  • 2 Baths
1208 Drew Street, Durham, NC, 27701 Listing by Tanisha Holmes
Unit for rent at 500 Spruce Street, Durham, NC, 27703

$2,100 /mo

  • 3 Beds
  • 3 Baths
500 Spruce Street, Durham, NC, 27703 Listing by Debra Thomas
Unit for rent at 202 S Driver Street, Durham, NC, 27703

$2,197 /mo

  • 3 Beds
  • 2 Baths
202 S Driver Street #UNITB, Durham, NC, 27703 Listing by Gwen Murray

Rentals Near You

Click here to view more rentals in the neighborhood.
TMLS

Listed by: Jeff Goldman, Nest Realty of the Triangle
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2234397
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.

Frequently Asked Questions

When was property at 1608 Milan Street built and last sold?
The property at 1608 Milan Street was built in 1988 and last sold on Mar 1, 2019 for $232,000.
How much is this home worth?
The estimated value of the home located at 1608 Milan Street is $204,730.
What are some comparable homes to 1608 Milan Street?
There are currently no comparable homes to 1608 Milan Street.
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