$516,280
●
House -
Off Market
2215 Knight Crossing Road
Durham, NC 27703
3 Beds
2 Baths
1,902 Ft²
$523,568
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
FINAL OPPORTUNITIES! QUICK MOVE IN!! Near the foyer are 2 bedrooms
with a full bath situated between them. The Azalea's kitchen is
sure to WOW with its massive island, 42" light grey cabinets &
elegant granite. The beautiful primary bedroom with en suite is
positioned just beyond the kitchen. 10' ceilings work to broaden an
already impressive & open concept living space. Quality materials
and workmanship! Smart home technology included! Lawn & landscaping
maintenance included in HOA dues! LOCATION LOCATION LOCATION!
Superior central location convenient to Downtown Durham and
Downtown Raleigh. Only an 8 min drive to Brier Creek shopping and
15 min to RDU.
Unit Size
1,902 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$276
Property Type
House
Property Taxes
-
HOA Dues
$156
Year Built
-
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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 #2501073)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 13, 2023 | Sold | ||
| Sold | |||
| Jun 29, 2023 | No longer available | - | |
| No longer available | |||
| Jun 21, 2023 | Price Decreased |
$516,280
↓ $9K
(1.7%) | |
| Price Decreased | |||
| May 26, 2023 | Price Decreased |
$525,000
↓ $22K
(4.1%) | |
| Price Decreased | |||
| Apr 6, 2023 | Listed by D.R. Horton Homes | $547,240 | |
| Listed by D.R. Horton Homes | |||
| | |||
|
This Azalea offers main living on the 1st floor featuring an open concept with 10-foot ceilings. The kitchen boasts large island great for gathering. Spacious secondary bedrooms on 1st floor! On optional bonus room upstairs is for entertaining! The manager has listed the unit size as 1902 square feet.
| |||
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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
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About Durham
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Listed by: Nykki Nicole Johnson, D.R. Horton, Inc.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2501073
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2501073
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