$265,000
●
House -
Off Market
220 Hickory Glen Lane
Durham, NC 27703
3 Beds
2 Baths
1,036 Ft²
$1,445
Est. Monthly
8.31%
Cap Rate
About This Property
Welcome to this charming 3-bedroom, 2-bathroom home located in the
Hickory Glen Subdivision right in the heart of Durham, NC.
This well-maintained home is designed for easy living with no
HOA fees and solar panels for low utility costs, and savings for a
peace of mind. New roof and HVAC installed in 2023. Plenty of
backyard space for the kids and pets to run and play and perfect
for entertaining. Just a short drive to shopping, dining, and
entertainment options in downtown Durham. Don't miss out on
this opportunity to make this lovely property your new home.
Schedule you're showing today!
Unit Size
1,036 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$265
Property Type
House
Property Taxes
$95
HOA Dues
-
Year Built
1998
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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 #10039200)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | Listed by eXp Realty, LLC - C | $275,000 | |
| Listed by eXp Realty, LLC - C | |||
| | |||
|
Welcome to this charming 3-bedroom, 2-bathroom home located in the Hickory Glen Subdivision right in the heart of Durham, NC. This well-maintained home is designed for easy living with no HOA fees and solar panels for low utility costs, and savings for a peace of mind. New roof and HVAC installed in 2023. Plenty of backyard space for the kids and pets to run and play and perfect for entertaining. Just a short drive to shopping, dining, and entertainment options in downtown Durham. Don't miss out on this opportunity to make this lovely property your new home. Schedule you're showing today!
| |||
| Oct 28, 1998 | Sold | ||
| Sold | |||
Property Highlights
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 Wedgewood
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Currently no similar homes aroundNearby Rentals
Listed by: Kia Settles, eXp Realty, LLC - C
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10039200
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10039200
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