1712 Rosedale Avenue
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 |
|---|---|---|---|
| Oct 12, 2026 | Price Decreased |
$624,900
↓ $100
(0%) | |
| Price Decreased | |||
| Sep 21, 2026 | Listed by EXP Realty LLC | $625,000 | |
| Listed by EXP Realty LLC | |||
| Apr 16, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Listed by EXP Realty LLC | $400,000 | |
| Listed by EXP Realty LLC | |||
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This is the classic ''diamond in the rough''--a rare chance to claim a massive 0.61-acre lot in one of Durham's most coveted zip codes. While the home is currently a time capsule, its bones and location offer a canvas that most developers and visionaries dream of finding.
Located in the heart of the Lakewood/Rockwood area, this property is priced for its potential. It's the perfect candidate for a full-scale renovation or an ambitious ''scrape and build'' project. With neighboring homes seeing high-end modern transformations, your investment here is protected by the surrounding property values and the sheer desirability of the 27707 area.
Unbeatable Location: You are a 3-minute drive from the pastries at Guglhupf and less than 10 minutes from Duke University and Downtown Durham.
Imagine stripping away the decades to reveal a modern-industrial or mid-century modern masterpiece. With the deep setback from Rosedale Avenue and the lush, wooded backyard, you have the privacy of a suburban estate with the heartbeat of the city just around the corner.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017