2606 Sherbrooke Drive
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Listed by Cooke Property | $685,000 | |
| Listed by Cooke Property | |||
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Located at the end of a quiet cul-de-sac, 2606 Sherbrooke Drive sits on a private wooded lot. Though this serene retreat feels miles from the bustle, you're just minutes from downtown Hillsborough, downtown Durham, and Duke University. Additionally, enjoy significant savings on property taxes as this property sits just outside city limits. Set among the oaks, the home has been extensively improved with new Lifeproof carpet and padding, Outlast+ laminate flooring, and a fully refurbished deck. A new HVAC system with transferable warranty, new roof, updated water-pressure tank, upgraded insulation and moisture barrier in the crawl space, and new custom stainless steel chimney caps ensure long-term peace of mind.
Inside, the main living area is anchored by a wood-burning fireplace with an easy conversion option to gas logs, and the large family room hosts a wood-burning furnace. The house is flooded with natural light from the many large windows and skylights. The kitchen features skylights with remote-controlled shades, as well as updated appliances including a brand-new stove and newer dishwasher and refrigerator. Upstairs bedrooms include functional details like a reading nook, and large storage space. The garage offers a flexible option for a workshop or office, complete with a private entrance and separate access to the downstairs bath.
Exterior features elevate the property's lifestyle appeal including: an enclosed raised-bed garden with adjacent sitting area, separate campground, a firepit area just off the deck, a fully enclosed dog run, and even a secure chicken coop. Storage is available under the deck, and mature blueberry bushes add seasonal character to the landscape. Bluebirds and hummingbirds are frequent visitors, enhancing the sense of natural serenity.
With its thoughtfully curated list of modern upgrades, and the natural beauty this property, 2606 Sherbrooke Drive delivers accessibility, functionality, and a lifestyle of unparalleled tranquility in a uniquely private setting.
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| Aug 23, 2018 | Sold | ||
| Sold | |||
| Jul 13, 2018 | Listed by Right Time Realty | $350,000 | |
| Listed by Right Time Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017