$265,000
●
House -
Off Market
1811 Glendale Avenue
Durham, NC 27701
3 Beds
1 Bath
1,217 Ft²
$438,529
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model
About This Property
Own a piece of architectural history in Duke Park! Lustron homes,
manufactured post WWII, were constructed from enameled steel and
assembled on site. These mid-century gems provided returning
soldiers an economical, yet well-built home for the family. 1811
Glendale, a 3BR, 1BA model has been restored with care to
maintain as much of the retro feel as possible. Features include
new hickory floors throughout, updated light fixtures, all new
appliances and so much more! Tons of natural light! A must see!
Unit Size
1,217 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$226
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
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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 #2123405)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $275,000 | |
| Listed | |||
| | |||
|
Own a piece of architectural history in Duke Park! Lustron homes, manufactured post WWII, were constructed from enameled steel and assembled on site. These mid-century gems provided returning soldiers an economical, yet well-built home for the family. 1811 Glendale, a 3BR, 1BA model has been restored with care to maintain as much of the retro feel as possible. Features include new hickory floors throughout, updated light fixtures, all new appliances and so much more! Tons of natural light! A must see!The manager has listed the unit size as 1217 square feet.
| |||
| Apr 20, 2017 | Listed by Urban Durham Realty | $275,000 | |
| Listed by Urban Durham Realty | |||
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 Duke Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Andrea K Kubachko, Urban Durham Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2123405
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2123405
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