$525,000
●
House -
Off Market
2528 Wrightwood Avenue
Durham, NC 27705
4 Beds
3 Baths,
1
Half Bath
2,902 Ft²
$736,143
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
Lovely traditional brick home in Duke Forest has everything you
want and need! .5+ acre fenced lot? Check. Home office? Check. 2
car garage? Check. Open living/dining/den overlook wooded back yard
with large deck and gazebo-perfect for entertaining. Office/au pair
suite on the right features 2 rooms and locked storage and
bookshelves. 4 bedrooms 2.5 baths with a large master suite on 2nd
floor complete with dressing room and renovated master bath.
(Heated floor in MBA!) LG stack washer/dryer convey.
Unit Size
2,902 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$172
Property Type
House
Property Taxes
$535
HOA Dues
-
Year Built
1958
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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 #2241043)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2024 | No longer available | - | |
| No longer available | |||
| Mar 31, 2024 | In contract | - | |
| In contract | |||
| Mar 27, 2024 | Listed by 501 Realty LLC. | $899,900 | |
| Listed by 501 Realty LLC. | |||
| | |||
|
Classic and timeless charm meets modern upgrades in this highly functional Duke Forest home that sits on over half an acre. Fully renovated kitchen features granite countertops and gas range, and flows seamlessly into a cozy family room perfect for entertaining or catching up with your loved ones after a busy day. Four bedrooms upstairs including primary suite with ensuite laundry and changing room. Bonus space downstairs provides multiple flex rooms for a study, home gym, or guest room. Sellers made many improvements in 2019 including: updated electrical system, new HVAC and ductwork, replaced almost all windows, encapsulated crawlspace, and replaced deck. The spacious backyard is fully fenced, creating a private oasis. Enjoy the outdoors from the gazebo, or stroll over to Wrightwood Park or the nearby Duke Forest trails. Minutes from Duke University and all the amenities of Southwest Durham. This is a home where memories are made! The manager has listed the unit size as 2805 square feet.
| |||
| May 2, 2019 | Sold | ||
| Sold | |||
| Mar 8, 2019 | Listed by West Durham Realty | $499,000 | |
| Listed by West Durham Realty | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Duke Forest
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Listed by: Leslie Page, West Durham Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2241043
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2241043
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