$239,000
↓ $15K (4%)
●
House -
Off Market
2204 Guess Road
Durham, NC 27705
3 Beds
1 Bath
1,052 Ft²
$1,301
Est. Monthly
9.38%
Cap Rate
About This Property
Don't miss a great opportunity to own this 3 bedroom 1 bath all
brick home that is walking distance to shopping and dining. Home
features hardwood floors throughout, large living room with a lot
of natural light, spacious rooms and private backyard! Only a short
commute to I-85, Duke and downtown Durham. Nice flat backyard with
extra parking and ramp into home. No HOA fees! Sold As Is.
Unit Size
1,052 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$227
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
1948
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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 #10036118)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2025 | Price Decreased |
$360,000
↓ $15K
(4%) | |
| Price Decreased | |||
| Apr 27, 2025 | Price Decreased |
$375,000
↓ $20K
(5.1%) | |
| Price Decreased | |||
| Mar 17, 2025 | Price Decreased |
$395,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Feb 18, 2025 | Listed | $400,000 | |
| Listed | |||
| | |||
|
2.5 Miles away from Duke University Hospital!
*MOTIVATED SELLER*
Don't miss your chance to own this fully renovated 3-bedroom, 1-bathroom all-brick home, ideally located within walking distance of shopping and dining. Every inch of this home has been meticulously updated with luxurious finishes, high-end appliances, and stunning hardwood floors throughout. The spacious, light-filled living areas create a welcoming atmosphere, while the private backyard provides a peaceful retreat. Extra parking and a convenient ramp enhance accessibility. Just minutes from I-85, Duke, and downtown Durham, this home is truly move-in ready with no HOA fees. Recent upgrades include over $10,000 in new HVAC ductwork and unit, as well as all-new windows. Plus, enjoy the added convenience of a separate laundry room off the main hall.
| |||
| Aug 7, 2024 | Sold | ||
| Sold | |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Watts Hospital-Hillandale
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Listed by: Brittany R Leyburn, Seagroves Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10036118
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10036118
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