$300,000
●
House -
Off Market
216 Collegiate Circle
Durham, NC 27713
3 Beds
3 Baths,
1
Half Bath
1,807 Ft²
$440,250
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Happy House! Sunny & bright. Gorgeous new hardwood floors, freshly
painted & ready to move right in! Living room w/fireplace. Kitchen
has SS appliances, tile backsplash. Separate dining room. Master
bath has double sinks, garden tub & separate shower. Huge
bonus/media room. Spacious 2 car garage with great storage.
Wonderful rocking chair front porch. Deck overlooks private,
fenced, flat yard w/room for a garden. New roof 2018. Great
neighborhood/pool. Minutes to Tobacco Trail, Southpoint,
Duke/UNC/RTP.
Unit Size
1,807 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$166
Property Type
House
Property Taxes
$265
HOA Dues
$20
Year Built
1999
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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 #2255741)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Sep 2, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by Peak, Swirles & Cavallito | $515,000 | |
| Listed by Peak, Swirles & Cavallito | |||
| | |||
|
Lovely 3 bedroom, 2 1/2 bath home in fabulous location. Ready to move right in! Beautiful hardwood floors throughout main level. Kitchen has SS appliances, tile backsplash, and breakfast nook with sliding doors that lead to the deck. Separate dining room. Living room w/ gas fireplace. Master bath has double sinks, garden tub & separate shower. Large bonus/media room. 2 car, attached garage with great storage. Deck leads to private, fenced, flat yard w/mature trees. Wonderful neighborhood with community pool, clubhouse, and playground. Minutes to American Tobacco Trail, Southpoint, Duke/UNC/RTP.
| |||
| Jul 1, 2019 | Sold | ||
| Sold | |||
| May 17, 2019 | Listed by Local Market Realty, LLC | $300,000 | |
| Listed by Local Market Realty, LLC | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
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Listed On
Listed On
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Sold On
HOA + Taxes
About Durham
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Listed by: Michele Burris, Local Market Realty, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2255741
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2255741
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