2609 Ferrand Drive
About This Property
Step out on to a delightful sun porch at the rear of the house, bathed in natural light and equipped with a ceiling fan, serving as a versatile extension of the living space-a perfect spot for relaxation or enjoying the outdoors regardless of the weather.
The home features three well-appointed bedrooms and two bathrooms, ensuring ample space for family and guests alike. Set on a nearly half an acre, the property offers abundant outdoor possibilities, from gardening to outdoor gatherings.
For added convenience, a two-car carport provides sheltered parking, complementing the ease of living in this thoughtfully designed home.
Notably, the residence boasts a Trane Gas Pack heating system, installed in December 2020, complete with a 20-year warranty on the heat exchanger-a testament to both efficiency and long-term comfort.
With its combination of modern amenities, spacious living areas, and a great location close to Duke, this home presents a rare opportunity to embrace effortless living in Durham. Whether you're drawn to its practical layout or its tranquil sun porch retreat, this property promises a lifestyle of comfort and convenience.
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2024 | Sold | ||
| Sold | |||
| Jul 8, 2024 | Listed by West & Woodall Real Estate - D | $345,000 | |
| Listed by West & Woodall Real Estate - D | |||
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Located in a prime location near Duke University, this charming single-level residence offers convenience and comfort. The heart of the home unfolds with an inviting L-shaped living space that opens to the kitchen and dining area, creating an ideal layout for both daily living and entertaining guests.
Step out on to a delightful sun porch at the rear of the house, bathed in natural light and equipped with a ceiling fan, serving as a versatile extension of the living space—a perfect spot for relaxation or enjoying the outdoors regardless of the weather.
The home features three well-appointed bedrooms and two bathrooms, ensuring ample space for family and guests alike. Set on a nearly half an acre, the property offers abundant outdoor possibilities, from gardening to outdoor gatherings.
For added convenience, a two-car carport provides sheltered parking, complementing the ease of living in this thoughtfully designed home.
Notably, the residence boasts a Trane Gas Pack heating system, installed in December 2020, complete with a 20-year warranty on the heat exchanger—a testament to both efficiency and long-term comfort.
With its combination of modern amenities, spacious living areas, and a great location close to Duke, this home presents a rare opportunity to embrace effortless living in Durham. Whether you're drawn to its practical layout or its tranquil sun porch retreat, this property promises a lifestyle of comfort and convenience.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017