$590,000
●
House -
Off Market
2742 Old Sugar Road
Durham, NC 27707
3 Beds
2 Baths
2,041 Ft²
$3,246
Est. Monthly
About This Property
Old Sugar and spice and all things nice! A rare 2000+ SF classic
ranch in convenient SW Durham is a must-see. Prefinished wood
floors throughout the common areas, an enormous, well-organized
renovated kitchen with a sweet eat-in area overlooking the
beautiful gardens. Don't miss the ample laundry room just off the
two car garage. The living room is grand with a ceiling to floor
brick wall fireplace. In classic ranch fashion, a long hall leads
to two secondary bedrooms that share a nice-sized hall bath plus a
primary bedroom with its own bathroom. The present owners added
solar panels and a beautiful screened porch overlooking cultivated
gardens in a fenced backyard. Convenient to all things Shannon Road
and Martin Luther King Jr Boulevard to the south and University
Drive to the north for a quick roll to downtown.
Unit Size
2,041 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$282
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1983
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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: 7 months ago (TMLS #10152427)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 7, 2026 | Sold | ||
| Sold | |||
| Mar 16, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Listed by Inhabit Real Estate | $575,000 | |
| Listed by Inhabit Real Estate | |||
| Jun 25, 2015 | Sold | ||
| Sold | |||
| May 20, 2015 | Listed by Inhabit Real Estate | $289,000 | |
| Listed by Inhabit Real Estate | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Hope Valley
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Listed by: Tammi Brooks, Inhabit Real Estate
Last Updated: 7 months ago
Data Source: TMLS, MLS# 10152427
Last Updated: 7 months ago
Data Source: TMLS, MLS# 10152427
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