$191,000
●
House -
Off Market
2506 Stephenson Street
Durham, NC 27704
2 Beds
2 Baths
728 Ft²
$248,048
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
Rescue dog approved home near downtown Durham. Easy bike ride to
Geer Street Garden or just enjoy the private fenced back yard with
the perfect screened in porch. This small but mighty home has
everything you need. TWO full bathrooms. Open floor plan. Classic
wood floors. Updated Kitchen - granite, stainless, backsplash.
Replacement windows. All freshly redone for you to move right in.
Detached storage shed.
Unit Size
728 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$268
Property Type
House
Property Taxes
$140
HOA Dues
-
Year Built
1949
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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 #2353003)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 10, 2021 | Sold | ||
| Sold | |||
| Nov 10, 2020 | Listed by Coldwell Banker Advantage | $195,000 | |
| Listed by Coldwell Banker Advantage | |||
| Sep 1, 2017 | Sold | ||
| Sold | |||
| Jun 3, 2015 | Sold | ||
| Sold | |||
| Apr 23, 2015 | Listed by Hensley Real Estate Appraisal | $105,000 | |
| Listed by Hensley Real Estate Appraisal | |||
| | |||
|
Great updated Bungalow in Colonial Village area. New remodeled kitchen with new SS appliances, granite counters, glass tile back splash and tile floors. Refinished hard wood floors. Kitchen and baths with ceramic tile floors. 2 bed room and 2 full baths. Gas pack, replacement windows, roof, vinyl siding all replaced with in 4 yrs. Great detached shed/workshop and fenced yard. Enjoy a relaxing afternoon on the private rear deck.
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Colonial Village
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jenny McMillan, Coldwell Banker Advantage
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2353003
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2353003
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