$727,000
●
House -
Off Market
2106 Chapel Hill Road
Durham, NC 27707
4 Beds
3 Baths,
1
Half Bath
2,083 Ft²
$633,565
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Endearing historic Lakewood-Tuscaloosa Craftsman home retains its
original character while featuring meticulously designed upgrades
to create modern living ease. From the warm inviting heart pine
floors to the decorative fireplace inserts, each unique room
delights. Comfort comes from a Baker Roof & an exceptional chef's
kitchen. Multiple locations for a basement workshop or private
retreat. For all nature lovers, the fenced backyard provides
privacy and an accessible entrance to the Wrightwood Park.
Unit Size
2,083 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$300
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1930
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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 #2435601)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Oct 26, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by Urban Durham Realty | $717,000 | |
| Listed by Urban Durham Realty | |||
| | |||
|
This historic Craftsman home in the heart of Tuscaloosa-Lakewood blends timeless vintage charm with exceptional modern upgrades. Notable features include a beautifully renovated second bath, laundry, and back entry/home office (ReNew Design+Build, 2024), a stunning primary bath and kitchen remodel (Trinity Design, 2015), a Baker roof (2013), and original heart pine floors. Mechanical upgrades, including an EV charger and heat pump water heater, add efficiency and convenience. With new high-end appliances and refreshed landscaping, this home is ready for its next chapter. Just around the corner, enjoy coffee at Cocoa Cinnamon, lunch at Lakewood Social, a workout at the Y, and groceries at Food Lion! Access Wrightwood Park through your backyard gate. A contributing property to the Tuscaloosa-Lakewood neighborhood's National Register of Historic Places designation, this historic home is a must-see!
| |||
| Apr 25, 2022 | Sold | ||
| Sold | |||
| Mar 10, 2022 | Listed by Urban Durham Realty | $625,000 | |
| Listed by Urban Durham Realty | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Duke Forest
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Listed by: Mary R Hunter, Urban Durham Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2435601
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2435601
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