$480,000
●
House -
Off Market
2802 Cammie Street
Durham, NC 27705
3 Beds
3 Baths
1,557 Ft²
$2,577
Est. Monthly
4.44%
Cap Rate
About This Property
Move in ready! Come see this meticulously remodeled home with
quality and craftsmanship in mind. Great location near Duke,
dining, shopping and DPAC with easy access to the highway!
New Roof, electric, plumbing, paint, flooring and finishes
throughout. The well appointed eat in kitchen has new stainless
steel appliances, beautiful white cabinets with soft close hardware
and granite countertops. All three spacious bedrooms have plenty of
natural light and solid wood closets. This house offers three fully
tiled bathrooms with two tub/shower combinations and the primary
en-suite with a great walk in shower. The flat .4 acre corner lot
has plenty of room with an oversized carport attached to the house.
The firepit area in the backyard offers a great space to relax and
enjoy your time! Don't miss your chance to see this beautiful home
before it's gone.
Unit Size
1,557 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$308
Property Type
House
Property Taxes
$219
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 #10015883)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 11, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | Listed by Berkshire Hathaway HomeService | $480,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| Sep 6, 2023 | Sold | ||
| Sold | |||
| May 19, 2023 | Listed by Keller Williams Elite Realty | $350,000 | |
| Listed by Keller Williams Elite Realty | |||
| | |||
|
LOCATION LOCATION LOCATION! Did I mention LOCATION?? This property could be great for a BUILDER, DEVELOPER or PRIMARY RESIDENCE. This wonderful corner lot has a charming ranch that yes needs updating but great bones and easy maintenance vinyl siding, wood floors, spacious living room, eat in kitchen, updated windows, newer HVAC, good size bedrooms, owner suite with private bath, carport AND now for the developers/builder interest...can either do a flag lot and build behind this house OR tear this house down and build brand new OR keep the house and do a Accessory Dwelling. Plat on file to show the options. OR leave just like it is an have a very nice large lot in a desirable neighborhood just minutes to Duke, Schools, Dining, Shopping, DPAC, Highway...Lots of new construction surround yet you still feel the downhome feel of the neighborhood.
| |||
| Oct 27, 2005 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
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 Durham
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Listed by: Adam McCormick, Berkshire Hathaway HomeService
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10015883
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10015883
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