$357,000
●
House -
Off Market
1801 Medallion Drive
Durham, NC 27704
3 Beds
2 Baths,
1
Half Bath
1,558 Ft²
$1,985
Est. Monthly
$65
HOA / Fees
5.93%
Cap Rate
About This Property
Deadline for all offers set for Monday, May 13th at 12:00 noon.
Nestled in a serene and very quiet neighborhood, 1801 Medallion Dr
offers the perfect blend of comfort and tranquility. This
delightful home features a spacious open floor plan, ideal for
entertaining, complemented by a large kitchen with a prep island
for culinary enthusiasts. Enjoy the warmth of the fireplace in the
cozy living area. Retreat to the tranquil bedrooms or enjoy the
expansive backyard, backing up into a woodline with mature trees,
offering privacy and natural beauty. Additional highlights include
a 2-car garage for convenience and proximity to outdoor recreation
such as Falls Lake and the Mountain to Sea Trail . Don't miss this
opportunity to experience the best of Durham living!
Unit Size
1,558 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$225
Property Type
House
Property Taxes
$201
HOA Dues
$65
Year Built
2005
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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 #10028340)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | Listed by Keller Williams Preferred Realty | $350,000 | |
| Listed by Keller Williams Preferred Realty | |||
| May 30, 2019 | Sold | ||
| Sold | |||
| Apr 15, 2019 | Listed by Keller Williams Preferred Realty | $195,000 | |
| Listed by Keller Williams Preferred Realty | |||
| Oct 5, 2005 | Sold | ||
| Sold | |||
Property Highlights
Garage
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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Listed by: Ginger Peters, Keller Williams Preferred Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10028340
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10028340
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