$463,000
●
House -
Off Market
1805 Pennypacker Lane
Durham, NC 27703
4 Beds
3 Baths,
1
Half Bath
2,807 Ft²
$522,078
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
Highly desirable 4 BR, 2.5 BA home located in the beautiful
Brightleaf subdivision! This home features hardwoods on the entire
first floor, an eat-in kitchen, granite countertops, stainless
appliances, and a fully fenced backyard. Separate dining rm, large
family rm w/ fireplace. 2nd floor features the Owners suite w/walk
in closet, his & her vanities, garden tub & separate shower,3
additional bedrooms, office/bonus space & a full bath.
Unit Size
2,807 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$164
Property Type
House
Property Taxes
$314
HOA Dues
$43
Year Built
2008
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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 #2396785)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2021 | Sold | ||
| Sold | |||
| Jul 20, 2021 | Listed by Gerald Mack Realty | $459,900 | |
| Listed by Gerald Mack Realty | |||
| Mar 25, 2019 | Sold | ||
| Sold | |||
| Feb 16, 2019 | Listed by Relevate Real Estate Inc. | $329,900 | |
| Listed by Relevate Real Estate Inc. | |||
| | |||
|
Well appointed and maintained 4 bedroom, 2.5 bath home in Brightleaf at the Park. Central location for the Triangle. Quick access to RTP, RDU and Brier Creek. SS kitchen with Granite. Hardwood main level floors. Smooth 9 ft. ceilings on main level. Spacious family room with fireplace and surround sound system wiring. Pre-wired for security. Two bedrooms have unique additional space. Large community pool and health club available for fee close by.
| |||
| Jan 18, 2019 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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About Durham
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Listed by: Gerald Mack, Gerald Mack Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2396785
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2396785
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