$760,000
●
House -
Off Market
2256 Cranford Road
Durham, NC 27705
4 Beds
2 Baths
2,276 Ft²
$675,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
Completely charming 1940's traditional on an amazing piece of
property surrounded by nature. Lovely entry, casement cabinetry &
open stairwell. Living Room has masonry FP w/gas logs and built-in
bookcases. Screen Porch with paneled double glass doors & heart
pine floor. Formal Dining Room w/French doors that open to deck
leading to established gardens along sheltered pathways. Kitchen
has granite countertops, tile backsplash and beautiful picture
window view of backyard. First floor BR and full bath is ideal for
guests. Very spacious second floor primary bedroom includes a
quaint closet alcove and shares the hall bath with 2 additional
BRs. Sturdy staircase leads to lower level laundry area. An
adjacent large unfinished room with glass paned doors to the
outside offers options for studio, workshop or exercise space.
Updates include replacement windows (2008), stove (2008), upstairs
bath vanity (2011), gas water heater (2017), new zone with heat
pump for upstairs (2018), refrigerator (2019), gas logs (2020).
Unit Size
2,276 Ft²
Days on Market
-
Land Size
0.97 acres
Price per sqft
$297
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
1940
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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 #2535456)
Price History
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Duke Forest
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Listed by: Susan Peak, Peak, Swirles & Cavallito
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2535456
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2535456
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