$325,000
●
House -
Off Market
2404 Magnolia Tree Lane
Durham, NC 27703
3 Beds
3 Baths,
1
Half Bath
2,491 Ft²
$455,672
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Beautifully maintained on corner lot with wooded rear views.
Wonderful bright and light floor plan. Open Kitchen boasts
granite, tile backsplash, brkfst bar and all open to family room w/
gas log fp. Formal DR w/coffered ceilings. Sep. Office off kitchen
and a sunroom too. Upstairs, large bedrooms with amazing closet
space. Bonus room to love forever!! Close to the community swimming
pool.You can't go wrong with this plan or location.
Unit Size
2,491 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$130
Property Type
House
Property Taxes
$298
HOA Dues
$50
Year Built
2016
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #2319796)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2020 | Sold | ||
| Sold | |||
| May 18, 2020 | Listed by Keller Williams Elite Realty | $325,000 | |
| Listed by Keller Williams Elite Realty | |||
| Mar 16, 2018 | Sold | ||
| Sold | |||
| Dec 22, 2015 | Sold | ||
| Sold | |||
| Jul 27, 2015 | Listed by Tri Pointe Homes Inc | $247,627 | |
| Listed by Tri Pointe Homes Inc | |||
| | |||
|
Poplular Henderson plan (same as model home) with open concept. 3 bedrooms,sunroom, 2.5 baths plus bonus room. Great corner lot with privacy that backs up to wooded area. Kitchen features granite countertops, music port with two speakers, and stainless steel appliances. This home to be complete in December of 2015.
| |||
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 Ed Cook
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Amy Pomerantz, Keller Williams Elite Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2319796
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2319796
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017