2616 Bullock Road
About This Property
- Just minutes from vibrant Downtown Durham
- Easy access to Research Triangle Park
- Quick drive to RDU International Airport
Whether you're looking to create your dream home or seeking an exciting renovation project, this property offers a solid foundation to build upon. The spacious layout includes a cozy living area, two generously sized bedrooms, and a versatile kitchen space.
Step outside to discover a sizable backyard, perfect for creating an outdoor oasis or garden retreat. The neighborhood is known for its friendly community atmosphere and proximity to excellent schools, dining, shopping, and entertainment options.
Schedule a viewing today and imagine the endless possibilities!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 27, 2025 | Price Decreased |
$344,700
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Jun 20, 2025 | Price Decreased |
$349,700
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Apr 3, 2025 | Listed | $364,700 | |
| Listed | |||
| | |||
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Welcome to your dream home! No HOA! Nestled on a beautifully landscaped .39-acre lot, minutes from the Raleigh/Durham airport, Duke University and Hospital, Research Triangle Park(RTP), Durham Performing Arts Center(DPAC) and Downtown Durham, this remodeled 3-bedroom, 2-bathroom residence seamlessly blends contemporary elegance with country charm. As you enter, you'll be greeted by an inviting open floor plan that maximizes space and natural light. The spacious living area, complimented by a dramatic accent wall, is perfect for relaxing or entertaining. The gourmet kitchen is a chef's delight, featuring sleek stainless-steel appliances, a pull-out faucet, and a large island with stylish quartz countertops along with a breakfast bar. Kitchen door leads out to a spacious covered porch for cozy outdoor dining. The owner's suite offers a private retreat with an oversized closet and luxurious en-suite bathroom, complete with a custom-tiled bath/shower and dual vanity. Second bedroom is right across the hall and has easy access to the second bathroom. A few steps down from the main floor, there is a hallway with a pantry, and this leads to the third bedroom, the bonus room and the laundry room. The backyard is an oasis of beauty - ideal for outdoor gatherings, gardening, or simply unwinding. Need extra storage, a workshop or art studio? Look no further. Two large sheds in the back convey! Conveniently located near Falls Lake, hiking trails and beautiful parks, this charming home offers the perfect blend of tranquility and accessibility. Don't miss your chance to own this exceptional property in Durham - schedule a tour today and experience all that this stunning home has to offer! Unknown if permit was required or obtained for deck, records not available. Property has new roof and new submersible pump/pressure tank. Listing agent is not an owner but has a financial interest in the property.
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| Jul 3, 2024 | Sold | ||
| Sold | |||
| Jun 6, 2024 | Listed by Allen Tate / Durham | $299,000 | |
| Listed by Allen Tate / Durham | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017