$645,000
●
House -
Off Market
24 Southampton Place
Durham, NC 27705
4 Beds
2 Baths,
1
Half Bath
2,775 Ft²
$3,381
Est. Monthly
4.28%
Cap Rate
About This Property
If you have ever dreamed of living in a park, this may be your best
opportunity. Truly a one of a kind fenced in oasis ideal for anyone
who values quality outdoor space! Luckily for you, this amazing
yard comes with a home that is just as spectacular. Gracious living
area, a spacious eat-in kitchen, updated primary bath with gorgeous
tile and finishes. Remarkable third floor bonus room for whatever
needs you have. Beautiful screened in porch and deck overlooking
the amazing back yard. Perfect for grilling and entertaining
spring, summer and fall. New carpet on second floor. Ideally
situated for all that Durham has to offer including Duke's campus,
hospital, downtown.
Unit Size
2,775 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$223
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1986
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Cap Rate Calculator
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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 #10041812)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | Listed by Nest Realty of the Triangle | $619,500 | |
| Listed by Nest Realty of the Triangle | |||
| | |||
|
If you have ever dreamed of living in a park, this may be your best opportunity. Truly a one of a kind fenced in oasis ideal for anyone who values quality outdoor space! Luckily for you, this amazing yard comes with a home that is just as spectacular. Gracious living area, a spacious eat-in kitchen, updated primary bath with gorgeous tile and finishes. Remarkable third floor bonus room for whatever needs you have. Beautiful screened in porch and deck overlooking the amazing back yard. Perfect for grilling and entertaining spring, summer and fall. New carpet on second floor. Ideally situated for all that Durham has to offer including Duke's campus, hospital, downtown.
| |||
| Dec 1, 2020 | Sold | ||
| Sold | |||
| Oct 29, 2020 | Listed by Nest Realty of the Triangle | $406,000 | |
| Listed by Nest Realty of the Triangle | |||
| Aug 10, 2012 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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 Waterford
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Peggy Harris, Nest Realty of the Triangle
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10041812
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10041812
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