$385,000
●
House -
Off Market
1803 Hillcrest Drive
Durham, NC 27705
3 Beds
1 Bath
1,044 Ft²
$2,034
Est. Monthly
5.77%
Cap Rate
About This Property
Welcome to our updated charming 1948 Bungalow! This home combines
classic architectural elements with many modern upgrades, including
a renovated kitchen with new appliances installed this year.
This property has seen lots of updates since 2021, including new Hardieplank siding, Marvin windows, HVAC and tankless water heater, a new primary closet, refinished and hand painted hardwoods, a full interior painting, a new porch, a Google Nest Thermostat and more! The home also includes a large back yard with raised beds, a fig tree and plenty of opportunity to grow more. Less than 2 miles to Duke and Downtown Durham.
This property has seen lots of updates since 2021, including new Hardieplank siding, Marvin windows, HVAC and tankless water heater, a new primary closet, refinished and hand painted hardwoods, a full interior painting, a new porch, a Google Nest Thermostat and more! The home also includes a large back yard with raised beds, a fig tree and plenty of opportunity to grow more. Less than 2 miles to Duke and Downtown Durham.
Unit Size
1,044 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$369
Property Type
House
Property Taxes
$143
HOA Dues
-
Year Built
1948
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #10036957)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Bold Real Estate | $385,000 | |
| Listed by Bold Real Estate | |||
| | |||
|
Welcome to our updated charming 1948 Bungalow! This home combines classic architectural elements with many modern upgrades, including a renovated kitchen with new appliances installed this year.
This property has seen lots of updates since 2021, including new Hardieplank siding, Marvin windows, HVAC and tankless water heater, a new primary closet, refinished and hand painted hardwoods, a full interior painting, a new porch, a Google Nest Thermostat and more! The home also includes a large back yard with raised beds, a fig tree and plenty of opportunity to grow more. Less than 2 miles to Duke and Downtown Durham.
| |||
| Jun 25, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by Bold Real Estate | $225,000 | |
| Listed by Bold Real Estate | |||
Show More
Property Highlights
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 Watts Hospital-Hillandale
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Desiree Goldman, Bold Real Estate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10036957
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10036957
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017