$370,000
●
House -
Off Market
18 Gandhi Drive
Durham, NC 27703
4 Beds
3 Baths
2,382 Ft²
$418,151
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
Don't miss the opportunity to join this wonderful neighborhood!
Terrific 4 bedroom, 3 fullbaths with a two car garage. Settle into
the cozy living room. You'll love to preparing meals in the
beautiful open-concept kitchen. Enjoy the master bedrooms private
ensuite and walk-in closet. Entertain and enjoy beautiful fenced
backyard space. Close to RTP/DUKE/IBM/Cree/Google/Southpoint
Mall~ W/D/F convey with accepted offer. Rental is allowed. Welcome
Home~
Unit Size
2,382 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$166
Property Type
House
Property Taxes
$261
HOA Dues
$25
Year Built
2003
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Cap Rate Calculator
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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 #2474488)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2023 | Sold | ||
| Sold | |||
| Sep 15, 2022 | Listed by ZELEN GROUP | $395,000 | |
| Listed by ZELEN GROUP | |||
| | |||
|
Don't miss the opportunity to join this wonderful neighborhood! Terrific 4 bedroom, 3 fullbaths with a two car garage. Settle into the cozy living room. You'll love to preparing meals in the beautiful open-concept kitchen. Enjoy the master bedrooms private ensuite and walk-in closet. Entertain and enjoy beautiful fenced backyard space. Close to RTP/DUKE/IBM/Cree/Google/Southpoint Mall~ W/D/F convey with accepted offer. Rental is allowed. Welcome Home~
| |||
| Sep 5, 2022 | No longer available | - | |
| No longer available | |||
| Aug 2, 2022 | Price Decreased |
$449,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Jul 7, 2022 | Listed by HHome Realty LLC | $459,000 | |
| Listed by HHome Realty LLC | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
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
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Currently no similar homes aroundNearby Rentals
Listed by: Daniel Zelen Yu Qiao, HHome Realty LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2474488
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2474488
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