$4,415,000
●
House -
Off Market
250 Blue Violet Way
Durham, NC 27713
5 Beds
7 Baths,
2
Half Baths
10,850 Ft²
$28,066
Est. Monthly
$1,500
HOA / Fees
About This Property
Unquestionably one of the finest estates in all of NC, this
exquisite property, with its nearly 11,000 sq. ft. home resting on
over seven acres of beautiful grounds, is in Durham's exclusive,
gated Hills of Rosemont enclave. Combining Old World elegance with
today's revered ambiance of relaxed luxury, this is a legacy
estate, built, and recently significantly upgraded, by master
craftsmen. Utmost privacy and serenity are assured by the home's
thoughtful placement within the estate grounds. Framed on three
sides by heavy stands of verdant trees, beyond a sprawling lawn and
long, horseshoe driveway extending through a porte-cochere and
around to the spacious 3-car garage, the French country-inspired
abode conveys a regal yet welcoming bearing. When viewed from the
rear, this beautiful estate is nothing short of
magnificent...spacious verandas, multi-level terraces, a seductive
pool and spa, and a wonderful cabana. All are complemented by
fabulous landscaping including manicured lawns. It is from this
vantage point that one truly realizes the expansiveness and refined
luxury of this world-class home and its grounds.
Unit Size
10,850 Ft²
Days on Market
-
Land Size
7.32 acres
Price per sqft
$460
Property Type
House
Property Taxes
$2,040
HOA Dues
$1,500
Year Built
2008
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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: 11 months ago (TMLS #2473018)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2024 | Sold | ||
| Sold | |||
| Sep 8, 2022 | Listed by Hodge & Kittrell Sotheby's Int | $4,995,000 | |
| Listed by Hodge & Kittrell Sotheby's Int | |||
| | |||
|
Unquestionably one of the finest estates in all of NC, this exquisite property, with its nearly 11,000 sq. ft. home resting on over seven acres of beautiful grounds, is in Durham’s exclusive, gated Hills of Rosemont enclave. Combining Old World elegance with today’s revered ambiance of relaxed luxury, this is a legacy estate, built, and recently significantly upgraded, by master craftsmen. Utmost privacy and serenity are assured by the home’s thoughtful placement within the estate grounds. Framed on three sides by heavy stands of verdant trees, beyond a sprawling lawn and long, horseshoe driveway extending through a porte-cochère and around to the spacious 3-car garage, the French country-inspired abode conveys a regal yet welcoming bearing. When viewed from the rear, this beautiful estate is nothing short of magnificent…spacious verandas, multi-level terraces, a seductive pool and spa, and a wonderful cabaña. All are complemented by fabulous landscaping including manicured lawns. It is from this vantage point that one truly realizes the expansiveness and refined luxury of this world-class home and its grounds.
| |||
| Feb 28, 2019 | Sold | ||
| Sold | |||
| Aug 7, 2018 | Listed by Hodge & Kittrell Sotheby's Int | $4,500,000 | |
| Listed by Hodge & Kittrell Sotheby's Int | |||
Property Highlights
Garage
Parking Available
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 Rosemont
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Currently no similar homes aroundNearby Rentals
Listed by: Mollie Owen, Hodge & Kittrell Sotheby's Int
Last Updated: 11 months ago
Data Source: TMLS, MLS# 2473018
Last Updated: 11 months ago
Data Source: TMLS, MLS# 2473018
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