$515,000
●
House -
Off Market
2728 Sevier Street
Durham, NC 27705
4 Beds
2 Baths,
1
Half Bath
2,265 Ft²
$789,352
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model
About This Property
1960 knew how to build ranches, y'all, & this one is Atomic! Be
ready to drag your mattress into the Coby Linton designed kitchen,
because you'll never want to leave! Vaulted ceiling & oodles of
walnut-clad cabs! Can we talk laundry room? Because this one is the
best. With a work space, loads of storage & a great view outside,
it's a beauty! The outdoor spaces are capacious yet private, & make
for great entertaining. 2-car carport with storage plus a workshop
are a bonus. Geo-thermal heat pump (2012!)
Unit Size
2,265 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$219
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1960
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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 #2140946)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by Inhabit Real Estate | $810,000 | |
| Listed by Inhabit Real Estate | |||
| | |||
|
1960 knew how to build ranches, y'all, and this one is Atomic! From the inspired Coby Linton-designed kitchen with a vaulted ceiling & oodles of walnut-clad cabs plus period lighting (salvaged from a mid-century church) to the outdoor spaces that are capacious yet private and make for great entertaining on the 800+ SF deck. Four nicely sized bedrooms accommodate a robust home/work life. Two-car attached carport with storage plus a workshop are a groovy bonus. Geo-thermal heat pump (2012). Roof (2018). Roll/stroll to the Al Buehler trail in under ten minutes. Scoot over to the Lakewood area for great shopping/coffee shops/restaurants. Duke and NCCU close by.
| |||
| Aug 24, 2017 | Sold | ||
| Sold | |||
| Jul 19, 2017 | Listed by Inhabit Real Estate | $495,000 | |
| Listed by Inhabit Real Estate | |||
| Feb 20, 2012 | Sold | ||
| Sold | |||
Property Highlights
Parking Available
Garage
Fireplace
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 Duke Forest
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Listed by: Tammi Brooks, Inhabit Real Estate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2140946
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2140946
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