1701 Ruffin Street
About This Property
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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%.
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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.
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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 11, 2025 | Listed | $395,000 | |
| Listed | |||
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Buy down the rate! Sellers offering a $7,500 credit at close. Charming Downtown Durham Bungalow - Walk to Everything! 3 Bed | 1 Bath | 930 Sq Ft | Listed at $395,000 Welcome to the perfect blend of historic charm and modern living in Trinity Park—near the heart of downtown Durham! Nestled on a quiet street, this beautifully updated bungalow offers the ideal home base for anyone seeking the vibrant energy, food scene, and culture of the Bull City—without sacrificing comfort or character.
Step inside to find original hardwood floors, abundant natural light, and a thoughtfully updated eat-in kitchen featuring butcher block countertops, bench window seating, and new energy efficient stainless steel appliances (including Bosch induction range and dishwasher). The open-concept living and kitchen/dining area creates an inviting space to relax or entertain. Just off the living room, the sunroom provides a sunny flex space ideal for reading, play, or extra lounge area.Three bedrooms provide flexible space for family, guests, or a dedicated home office. Stacked high efficient washer and dryer located in the third bedroom.Outside, the fenced-in backyard is a true highlight—an entertainer's dream with space for grilling, string lights, fire pits, and weekend get-togethers. Whether it's a cozy dinner with friends or a lively outdoor party, this private retreat is ready for it all. There's plenty of space for kids or pets to play, and even a sunny spot to start your own vegetable or flower garden. The backyard additionally has a wired garage/workshop for projects or hobby storage.
Location Highlights:
• Easy access to the Durham Farmers' Market, DPAC, American Tobacco Campus, and a thriving local restaurant scene
• A couple of blocks from the Ellerbee Creek trail - great for walking or biking to downtown
• Short commute to Duke University, Duke Medical Center (and Duke Regional) and 9th street - for students, faculty, and medical professional
• Walking distance to Northgate Park and Duke Park
Move-in ready. Meticulously maintained. Full of personality.
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| Feb 19, 2019 | Sold | ||
| Sold | |||
| Jan 11, 2019 | Listed by West Durham Realty | $219,000 | |
| Listed by West Durham Realty | |||
| Dec 15, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017