$80,000
●
Land -
Off Market
2822 Cascadilla Street
Durham, NC 27704
Studio
0 Bath
$77,543
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Three properties to be sold together list price for all is
$400,000. Please view other two listings MLS#'s 2459146 and 2549147
Unit Size
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Days on Market
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Land Size
0.32 acres
Price per sqft
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Land
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Cap Rate Calculator
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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 #2459145)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | Listed by Nest Realty of the Triangle | $425,000 | |
| Listed by Nest Realty of the Triangle | |||
| | |||
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Durham's got character, funk, and grit, but most of its new builds and flips don't. 2822 Cascadilla is here to change the script. Welcome to this inviting, light-filled, open floor plan designed to entertain, dazzle, and feel like YOURS everyday you walk in. A contemporary touch to this Colonial Village new construction home with 3 beds, 2 baths, a 2nd story outdoor deck, a deep 200'+ lot, plus an oversized conditioned attic for all your storage needs. Tired of boring whites and grays? Beautiful accent arches, polished concrete downstairs, hardwoods upstairs, and bullnose drywall finishes, this is a lot different than your average new build! But what's it like to live in Co-Vi? Stomach rumblin'? Walk to Omie's Coffee, Super Taqueria, King's Grocery, Alpaca, and Redstart Food's new takeaway spot. Scoot over to Northgate Park, the Ellerbee Creek Trail, the Museum of Life and Science, and Rock Quarry Park to enjoy all the recreation spots. Enjoy being just minutes from all downtown has to offer while having your oasis of cool on Cascadilla.
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| Aug 5, 2022 | Sold | ||
| Sold | |||
| Jun 29, 2022 | Listed by Real Broker, LLC | $75,000 | |
| Listed by Real Broker, LLC | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Durham
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Listed by: Kimberly Pappalardo, Real Broker, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2459145
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2459145
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