$177,000
●
House -
Off Market
2707 Tulip Poplar Circle
Durham, NC 27704
3 Beds
2 Baths,
1
Half Bath
1,520 Ft²
$276,116
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model
About This Property
WELCOME HOME! This former model home is in PERFECT condition! The
home features beautiful wood floors, archways, 9ft ceilings, open
spacious kitchen w/center island, upgraded cabinets, Energy Star
appliances, bright breakfast area, and large laundry room/pantry.
Luxury master bedroom w/tray ceiling, garden tub w/separate shower
and great walk in closet. Secondary bedrooms are good size. Enjoy
the peace & quiet on the deck that over looks the lake. Great place
for entertaining. This home is a MUST SEE!
Unit Size
1,520 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$115
Property Type
House
Property Taxes
-
HOA Dues
$15
Year Built
2014
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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 #2163436)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2023 | Sold | ||
| Sold | |||
| Dec 9, 2022 | Listed by Grow Local Realty, LLC | $325,000 | |
| Listed by Grow Local Realty, LLC | |||
| | |||
|
Looking to expand your investment portfolio? Here’s the perfect opportunity to buy an income producing property with wonderful tenants in place until 2/28/24. This home is a former model home & features 9ft ceilings, beautiful archways, A spacious kitchen with an open layout, luxury owners suite & hardwood floors throughout most of the main level.! Enjoy a spacious lot that backs up to hardwoods & community trails. This home has a Large deck overlooking a beautiful pond making it the perfect place to entertain guests. Just mintues to Falls lake where you can enjoy all of the park amentities! Easy access to I-85 and just 15 minutes to downtown Durham. This home is an ENERGY STAR Home & GHBT Green Certified. Take advantage of this wonderful opportunity!
| |||
| Sep 5, 2022 | No longer available | - | |
| No longer available | |||
| Aug 20, 2022 | Listed by Mike Woods Real Estate, LLC | $358,000 | |
| Listed by Mike Woods Real Estate, LLC | |||
| Jan 8, 2018 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Status
Type
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Baths
ft²
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HOA + Taxes
About Northeast Durham
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Listed by: Kristina Woods, Mike Woods Real Estate, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2163436
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2163436
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