$418,000
●
House -
Off Market
1916 Raj Drive
Durham, NC 27703
4 Beds
2 Baths,
1
Half Bath
1,879 Ft²
$377,966
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
LOCATION LOCATION LOCATION! The location of 1916 Raj is truly
unbeatable. Snuggled up between RTP and Brier Creek, the whole
triangle is at your fingertips! Be in downtown Durham OR downtown
Cary in less than 15 minutes! Not to mention proximity to highways
and easy commutes. The spacious floor plan provides ample room for
relaxation and entertainment, accommodating both individual comfort
and social gatherings. The kitchen is a true chef's delight,
featuring stainless steel appliances, granite countertops, and a
stylish tile backsplash. Plenty of cabinet storage plus an
oversized pantry! The main bedroom offers ample space throughout, a
large walk in closet, and a (freshly painted!) bathroom that
includes a walk in shower AND a garden tub. After all this, don't
miss the fenced in yard, complete with patio and fire pit, perfect
for relaxing or hanging with friends. This home has been lovingly
cared for: new gutters, dishwasher, backsplash done within last few
years. Freshly power washed, yard clean up, front door and shutters
painted JUST done.
Unit Size
1,879 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$202
Property Type
House
Property Taxes
$228
HOA Dues
$25
Year Built
2004
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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 #2516527)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 27, 2023 | Sold | ||
| Sold | |||
| Jun 15, 2023 | Listed by Nest Realty of the Triangle | $379,000 | |
| Listed by Nest Realty of the Triangle | |||
| Nov 5, 2020 | Sold | ||
| Sold | |||
| Aug 28, 2020 | Listed by Nest Realty of the Triangle | $269,000 | |
| Listed by Nest Realty of the Triangle | |||
| Aug 25, 2016 | Sold | ||
| Sold | |||
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Property Highlights
Garage
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 Stirrup Creek
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Listed by: Mark Hove, Nest Realty of the Triangle
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2516527
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2516527
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