$445,000
●
House -
Off Market
2614 Cascadilla Street
Durham, NC 27704
3 Beds
2 Baths
1,333 Ft²
$432,803
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Old House, New Tricks. A classic 1951 abode with a 2021-to-2023
refreshtastic renewal. All you need is love but a little design joy
never hurts. The just-right balance of airy and cozy, exuberant and
traditional informs every space. Character for days details:
durable luxe flooring; restful hues; quartz counters; subway
splash; stainless appliances including a new Wolf range and Zephyr
hood; feast for the eyes glass-door refrigerator; high-style
lighting and ceiling fans; cellular top-down + bottom-up window
treatments; serene tile baths; primary closet system; coffered
ceiling; barn doors and built-in shelving. Open and flexible
layout. Large, private backyard retreat with a new paver patio +
swanky fence. The creature comfort porch is now screened, and the
roof and HVAC are only a few years old. Ultra-convenient locale. A
few minutes to beloved Kings Red & White market; Omie's
neighborhood coffee shop; the Museum of Life & Science; Ellerbe
Creek Trail, Beaver Marsh Preserve & Northgate Park. Ten minutes to
the plethora of hotspots in downtown Durham & Duke. Cascade home to
Cascadilla. DEADLINE SET: 2/19 at 4 PM
Unit Size
1,333 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$315
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1951
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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 #2495263)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 7, 2023 | Sold | ||
| Sold | |||
| Feb 15, 2023 | Listed by Berkshire Hathaway HomeService | $420,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| Dec 14, 2021 | Sold | ||
| Sold | |||
| Sep 16, 2021 | Listed by Berkshire Hathaway HomeService | $325,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| Apr 13, 2021 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Air Conditioning
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 Colonial Village
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Listed by: Erika Buchholtz, Berkshire Hathaway HomeService
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2495263
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2495263
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