$985,000
●
House -
Off Market
2800 Chelsea Circle
Durham, NC 27707
4 Beds
3 Baths,
1
Half Bath
3,959 Ft²
$6,020
Est. Monthly
1.98%
Cap Rate
About This Property
Renovated in 2009 and again in 2015! This 1948 cottage now has two
main level BR suites plus two upstairs BRs with a shared bath.
Original to the house is the charming LR with fireplace to
the left of the entry. On the right is the music room with a wall
of bookcases floor to ceiling. From the center hallway the house
opens into the vaulted family room with a 2nd fireplace & large
windows looking out to the golf course. The spacious DR is perfect
for Thanksgiving feasts! The two main level BR suites each have
large baths and amazing walk-in closets. Upstairs two sweet BRs
with window seats share a pretty hall bath. The 2009 updated
kitchen has honed black granite countertops, white cabinetry & SS
appliances. Nestled into the almost acre lot, this home has a fully
fenced front yard and large private back deck. 3 zone HVAC, Roof on
original house (with 2009 renovation). and 2015 roof on
addition. Lovely baths. Plantation shutters. Slip into this special
oasis using the side entry drive to 2 car garage.
Unit Size
3,959 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$265
Property Type
House
Property Taxes
$864
HOA Dues
-
Year Built
1948
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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 #10042065)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 18, 2024 | Sold | ||
| Sold | |||
| Aug 30, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by Peak, Swirles & Cavallito | $1,050,000 | |
| Listed by Peak, Swirles & Cavallito | |||
| | |||
|
Renovated in 2009 and again in 2015! This 1948 cottage now has two main level BR suites plus two upstairs BRs with a shared bath. Original to the house is the charming LR with fireplace to the left of the entry. On the right is the music room with a wall of bookcases floor to ceiling. From the center hallway the house opens into the vaulted family room with a 2nd fireplace & large windows looking out to the golf course. The spacious DR is perfect for Thanksgiving feasts! The two main level BR suites each have large baths and amazing walk-in closets. Upstairs two sweet BRs with window seats share a pretty hall bath. The 2009 updated kitchen has honed black granite countertops, white cabinetry & SS appliances. Nestled into the almost acre lot, this home has a fully fenced front yard and large private back deck. 3 zone HVAC, Roof on original house (with 2009 renovation). and 2015 roof on addition. Lovely baths. Plantation shutters. Slip into this special oasis using the side entry drive to 2 car garage.
| |||
| Nov 21, 2014 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
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 Hope Valley
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Susan Peak, Peak, Swirles & Cavallito
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10042065
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10042065
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