1800 Cannon Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Oct 21, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Listed by Nest Realty of the Triangle | $475,000 | |
| Listed by Nest Realty of the Triangle | |||
| | |||
|
''Urban Oasis'' is a phrase used too casually in real estate but this Oasis is for real!
Start with a 1.4 acre corner lot that backs up to city-owned green space. Add a rock-solid ranch house with all the mid-century vibes — including an impressive fireplace in the sunken living room with a mammoth bay window. Toss in an expansive porch that connects the house to a detached studio and garage and overlooks your very own SWIMMING POOL.
All this, and just a short walk from Whippoorwill Park in Durham.
You can feel the solid construction in this house and its integration with the outdoors. Bay windows in the living and dining rooms let the sunlight pour in. The surrounding woods provide privacy and French doors in the dining room open onto the porch for dining indoors and out. Hanging out in the backyard by the pool, it's easy to forget you are centrally located off Guess Road.
The primary bedroom has hardwood floors and overlooks the pool and the backyard. One of the other two other generous sized bedrooms is a corner room with wood views and the other has a built in office wall with paneling. The spacious kitchen has newer stainless steel appliances — all of which convey. You will find the new front load washer and dryer —which also convey — in the laundry room/ mud room — also accessible to the back porch. Perfect for toweling off after an afternoon in the pool.
The house is only part of this fun package - the one car garage is 12x24 feet with plenty of room for a workshop... AND the adjacent studio with hardwood floors and great light can be used in so many ways - - recreation room, home school, yoga or art studio — almost 500 square feet for your imagination!
Nestled in a quiet area with no cut through auto traffic. Whippoorwill Park and the Warren Creek Trail are just a short walk away.
Convenient to shopping and easy access to Duke and all of Durham.
| |||
| Oct 23, 2019 | Sold | ||
| Sold | |||
| Sep 11, 2019 | Listed by Urban Durham Realty | $249,000 | |
| Listed by Urban Durham Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017