29
Map
$345,000
↓ $35K (9.2%)
●
House -
For Sale
2418 Acadia Street
Durham, NC 27704
3 Beds
1 Bath
1,064 Ft²
Upcoming Open House
11AM - 1PM, Sun, Oct 25
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$1,975
Est. Monthly
About This Property
Welcome home to 2418 Acadia Street, your oasis on the park! Located
in the charming Northgate Park community, this inviting 3 bedroom,
1 bath home makes great use of both indoor and outdoor living. Sit
and enjoy your morning coffee on the front deck while looking out
over the park, or relax on the floating deck in the perfectly
fenced in backyard. Inside, the functional layout includes a
spacious living room, galley kitchen, and two completely separate
bedrooms, along with a versatile third bedroom that can function in
whatever way best suits your needs; home office, guest room,
studio, or additional living space. Right in your
neighborhood, you'll enjoy access to walking and biking trails, a
dog park, tennis courts, and the incredible Museum of Life and
Science. You're also just minutes from Downtown Durham, Duke
Hospital, local restaurants and coffee shops, with easy access to
I-85. 2418 Acadia Street offers a wonderful combination of
charm, flexibility, and outdoor living in one of Durham's beloved
neighborhoods.
Unit Size
1,064 Ft²
Days on Market
36 days
Land Size
0.12 acres
Price per sqft
$324
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1946
Listed By
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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: 9 days ago (TMLS #10193612)
Price History
Property Highlights
Parking Details
Has Open Parking
Parking Features: Gravel
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 1
Flooring Type: Hardwood, Tile
Door Features: Storm Door(s)
Rooms: 5
Exterior Details
Square Footage: 1064
Architectural Style: Ranch
Year Built: 1946
Building Area Total: 1064
Levels: One
Window Features: Blinds
Construction Materials: Vinyl Siding
Patio and Porch Features: Deck
Lot Features: Back Yard
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Lot Size Square Feet: 5096.52
Water Source: Public
Financial Details
Tax Map Number: 19
Tax Assessed Value: $330,628
Tax Annual Amount: $3,360
Utilities Details
Cooling Type: Gas Pack
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
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ft²
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Asking Price
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HOA + Taxes
About Northgate Park
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Listed by: Leon D Frati, Urban Durham Realty
Last Updated: 9 days ago
Data Source: TMLS, MLS# 10193612
Last Updated: 9 days ago
Data Source: TMLS, MLS# 10193612
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