$178,000
●
House -
Off Market
2130 Cheek Road
Durham, NC 27704
2 Beds
1 Bath
981 Ft²
$257,250
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
HOME SWEET HOME! Renovated cottage nestled on large open lot. Large
covered porch that leads into open concept living room/kitchen.
Beautiful eat-in kitchen hosts quartz countertops, huge island w
under counter seating, built-in banquette w storage & modern
appliances. Laundry/multipurpose room leads to new modern deck.
Good size rooms w custom built-ins in closets for organization.
Relaxing spa-like bathroom retreat. New windows fill the home w
natural light, plus so much more! Book your showing TODAY!
Unit Size
981 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$178
Property Type
House
Property Taxes
$74
HOA Dues
-
Year Built
1950
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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 #2255609)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2021 | Sold | ||
| Sold | |||
| Aug 26, 2021 | Listed by Mike Woods Real Estate, LLC | $239,000 | |
| Listed by Mike Woods Real Estate, LLC | |||
| Jun 18, 2019 | Sold | ||
| Sold | |||
| May 17, 2019 | Listed by Compass -- Chapel Hill - Durham | $175,000 | |
| Listed by Compass -- Chapel Hill - Durham | |||
| | |||
|
HOME SWEET HOME! Renovated cottage nestled on large open lot. Large covered porch that leads into open concept living room/kitchen. Beautiful eat-in kitchen hosts quartz countertops, huge island w under counter seating, built-in banquette w storage & modern appliances. Laundry/multipurpose room leads to new modern deck. Good size rooms w custom built-ins in closets for organization. Relaxing spa-like bathroom retreat. New windows fill the home w natural light, plus so much more! Book your showing TODAY!
| |||
| Mar 29, 2019 | Sold | ||
| Sold | |||
Show More
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 Merrick Moore
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Currently no similar homes aroundNearby Rentals
Listed by: Kristina Woods, Mike Woods Real Estate, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2255609
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2255609
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