1902 Ward Street
About This Property
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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%.
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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 |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 18, 2026 | Listed by Compass -- Raleigh | $489,000 | |
| Listed by Compass -- Raleigh | |||
| Nov 6, 2025 | Listed | $489,000 | |
| Listed | |||
| | |||
|
Welcome to 1902 Ward Street, a thoughtfully designed home that blends timeless charm with modern comfort in the heart of Durham's Lakewood neighborhood. Perfectly situated on the corner of Ward Street and James Street, this home enjoys an abundance of natural light—especially in the mornings, when soft sunlight streams in and makes every space feel warm and welcoming. This 3-bedroom, 2-bath home was created through a collaboration between the Hove Development Team and Four Over One Design, a woman-owned preservation firm deeply rooted in Durham. From the beginning, the vision was to build something that felt authentic to Lakewood's historic fabric—drawing on traditional design elements while offering the efficiency and ease of new construction. The exterior features classic four-over-one Marvin windows, 4 inch siding, stucco accents, a graceful arched roof overhang—details that give the home its signature curb appeal and help it fit seamlessly into its historic surroundings. Inside, the open-concept layout creates a natural flow between the living, dining, and kitchen spaces. Site-finished hardwood floors, a soothing neutral palette, gold hardware, and custom white oak details all come together to create a refined yet comfortable atmosphere. Large windows, especially those facing James &Ward St , let in abundant morning light, making the home feel bright and airy throughout the day. The first-floor primary suite provides true main-level living, while two additional bedrooms and a second bath offer flexibility for guests, family, or a home office. Step outside and the appeal continues. Sitting on its corner lot, the home enjoys a lovely back deck, perfect for morning coffee, evening dinners, or weekend gatherings. Whether gardening, entertaining, or simply relaxing outdoors, this space adds remarkable versatility to dailylife.1902 Ward Street is more than just a house—it's a thoughtfully crafted home, designed to honor its neighborhood, filled with light, and ready for its next chapter.
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| Oct 31, 2025 | Price Decreased |
$489,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Sep 25, 2025 | Listed | $499,000 | |
| Listed | |||
| | |||
|
Welcome to 1902 Ward Street, a thoughtfully designed home that blends timeless charm with modern comfort in the heart of Durham's Lakewood neighborhood. Perfectly situated on the corner of Ward Street and James Street, this home enjoys an abundance of natural light—especially in the mornings, when soft sunlight streams in and makes every space feel warm and welcoming.
This 3-bedroom, 2-bath home was created through a collaboration between the Hove Development Team and Four Over One Design, a woman-owned preservation firm deeply rooted in Durham. From the beginning, the vision was to build something that felt authentic to Lakewood's historic fabric—drawing on traditional design elements while offering the efficiency and ease of new construction.
The exterior features classic four-over-one Marvin windows, 4 inch siding, stucco accents, a graceful arched roof overhang—details that give the home its signature curb appeal and help it fit seamlessly into its historic surroundings.
Inside, the open-concept layout creates a natural flow between the living, dining, and kitchen spaces. Site-finished hardwood floors, a soothing neutral palette, gold hardware, and custom white oak details all come together to create a refined yet comfortable atmosphere. Large windows, especially those facing James & Ward St , let in abundant morning light, making the home feel bright and airy throughout the day.
The first-floor primary suite provides true main-level living, while two additional bedrooms and a second bath offer flexibility for guests, family, or a home office.
Step outside and the appeal continues. Sitting on its corner lot, the home enjoys a lovely back deck, perfect for morning coffee, evening dinners, or weekend gatherings. Whether gardening, entertaining, or simply relaxing outdoors, this space adds remarkable versatility to daily life.
1902 Ward Street is more than just a house—it's a thoughtfully crafted home, designed to honor its neighborhood, filled with light, and ready for its next chapter.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017