$440,000
●
House -
Off Market
2715 Freemont Road
Durham, NC 27705
2 Beds
2 Baths,
1
Half Bath
1,913 Ft²
$483,276
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
One level living in this wonderful 2 bed/2.5 bath ranch built in
1996. Boasting over 1900 SF this home lives large with easy
flow from room to room. Updated kitchen, flooring, lighting
and ceiling fans. Flat lot with beautiful perennial gardens
in spring and summer, fenced back yard and large sheds. Whole
house fan, gas FP in LR, two water heaters, sun room, covered back
porch, 2 car garage. Minutes to Eno River State Park.
Too many upgrades to list here! See list in docs.
Private, peaceful setting yet convenient to many
destinations. Excellent home for aging in place. Lots
of space on the property for an ADU.
Unit Size
1,913 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$248
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1996
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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: 12 months ago (TMLS #2497624)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Listed by Fathom Realty NC, LLC | $500,000 | |
| Listed by Fathom Realty NC, LLC | |||
| | |||
|
Custom built beautiful all-brick ranch home with two Owner's Suites located on slightly elevated professionally landscaped lot with beautiful trees and perennial gardens in spring and summer. A well-built home like this comes along once in a lifetime. Don't miss out! Owner's suites have large bedrooms with hardwood floors and private bathrooms, living room, Sunroom, large kitchen with dining area, and an oversized laundry room. One level easy flow floorplan living in this wonderful 2 bed/2.5 bath ranch built in 1996. The large, fenced back yard has large sheds. The freshly painted home has a whole house fan, gas FP in LR, two water heaters, a sunroom, covered back porch with ceiling fan and an oversized 2 car garage with ample shelving. Convenient to Duke and downtown Durham, Chapel Hill or I-85. Minutes to Eno River State Park. Private, peaceful setting yet an ultra-convenient location! Excellent home for aging in place. Lots of space on the property for an ADU.
| |||
| Apr 18, 2023 | Sold | ||
| Sold | |||
| Mar 2, 2023 | Listed by Urban Durham Realty | $475,000 | |
| Listed by Urban Durham Realty | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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About Spring Valley
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Listed by: Mary Hartzell, Urban Durham Realty
Last Updated: 12 months ago
Data Source: TMLS, MLS# 2497624
Last Updated: 12 months ago
Data Source: TMLS, MLS# 2497624
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