$169,000
●
Townhouse -
Off Market
2822 Pickett Road #116
Durham, NC 27705
2 Beds
2 Baths
1,323 Ft²
$304,312
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model
About This Property
POPULAR LOW MAINTENANCE TOWN HOME COMMUNITY JUST MINUTES TO DUKE
UNIVERSITY/MEDICAL CENTER/DINING/SHOPPING*CONVENIENT TO
UNC/DOWNTOWN DURHAM & CHAPEL HILL. SPACIOUS MASTER BEDROOM
WITH LOFT OR OFFICE SPACE WITH CLOSET. VAULTED CEILING WITH
SKYLIGHTS, GAS LOG FIREPLACE IN LIVING AREA. OPEN & SPACIOUS
KITCHEN & DINING AREA. TONS OF CABINET SPACE, STAINLESS
APPLIANCES & CASUAL DINING ISLAND. FIRST FLOOR BEDROOM WITH
BAY WINDOW. PATIO & STORAGE. MOVE-IN READY.
PRICED TO SELL.
Unit Size
1,323 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$128
Property Type
Townhouse
Property Taxes
-
HOA Dues
$132
Year Built
-
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
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Income Per Year
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Operating Profit Per Year
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 #1987102)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 13, 2021 | Sold | ||
| Sold | |||
| Jul 16, 2021 | Listed by Massey Real Estate, LLC | $254,900 | |
| Listed by Massey Real Estate, LLC | |||
| | |||
|
Beautiful and well maintained townhome in popular Pickett Park. Open floor concept with hardwoods on main, large kitchen with tons of cabinet space and stainless steel appliances, main living area has vaulted ceilings and skylight provides tons of natural light. Bedroom on main and master suite upstairs featuring double closets, master bath with dual vanity, garden tub and separate shower. Pickett Park is close to shopping, restaurants, downtown Durham, Duke and UNC!
| |||
| May 15, 2015 | Sold | ||
| Sold | |||
| Jan 24, 2015 | Listed by Fonville Morisey Realty | $169,900 | |
| Listed by Fonville Morisey Realty | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Parking Lot
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Entrance Foyer, High Ceilings, Storage, Bathtub/Shower Combination, Living/Dining Room Combination, Separate Shower
Appliances: Dishwasher, Electric Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater
Flooring Type: Carpet, Ceramic Tile, Hardwood, Vinyl
Laundry Features: Electric Dryer Hookup, Laundry Closet, Main Level
Rooms: 5
Has Fireplace
Fireplace Features: Gas Log, Great Room
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 1323
Architectural Style: Transitional
Year Built: 2006
Builder Name: Williams Construction Co.
Building Area Total: 1323
Levels: One and One Half
Building Area Units: Square Feet
Window Features: Insulated Windows, Skylight(s)
Construction Materials: Fiber Cement
Patio and Porch Features: Patio
Lot Features: Landscaped
Lot Size Area: 1306.8
Lot Size Units: Square Feet
Lot Size Acres: 0.03
Lot Size Square Feet: 1306.8
Lot Size Dimensions: 18 x 87 x 18 x 87
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Maintenance Structure
HOA Fee: $132
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/05/2026
|
3 Bed
|
2 Bath
|
1454 ft²
|
$350,000
3 Bed
2 Bath
1454 ft²
|
-
-
|
Matt Levy
Keller Williams Realty United
| |
|
03/27/2026
|
3 Bed
|
2 Bath
|
1595 ft²
|
$355,000
3 Bed
2 Bath
1595 ft²
|
$335,000
-5.63%
05/21/2026
|
Matt Lunceford Blivin
Nest Realty of the Triangle
| |
|
09/11/2025
|
3 Bed
|
2 Bath
|
1710 ft²
|
$375,000
3 Bed
2 Bath
1710 ft²
|
$371,000
-1.07%
10/28/2025
|
Sue Fox
Inhabit Real Estate
| |
|
01/15/2025
|
2 Bed
|
2 Bath
|
1485 ft²
|
$350,000
2 Bed
2 Bath
1485 ft²
|
$340,000
-2.86%
02/25/2025
|
Matt Levy
Keller Williams Realty United
| |
|
03/20/2024
|
2 Bed
|
2 Bath
|
1458 ft²
|
$350,000
2 Bed
2 Bath
1458 ft²
|
$350,000
05/02/2024
|
Susan Richter
Berkshire Hathaway HomeService
| |
|
04/13/2023
|
2 Bed
|
2 Bath
|
1471 ft²
|
$325,000
2 Bed
2 Bath
1471 ft²
|
$330,000
+1.54%
05/22/2023
|
Jim Allen
Howard Perry & Walston Realtor
| |
|
12/15/2022
|
3 Bed
|
3 Bath
|
1597 ft²
|
$350,000
3 Bed
3 Bath
1597 ft²
|
$351,400
+0.40%
02/07/2023
|
Aileen Stapleton
Hodge & Kittrell Sotheby's International Realty
| |
|
07/27/2022
|
2 Bed
|
3 Bath
|
1422 ft²
|
$335,000
2 Bed
3 Bath
1422 ft²
|
$335,000
08/11/2022
|
Kerry Johnson
Fathom Realty NC, LLC
| |
|
04/12/2022
|
2 Bed
|
3 Bath
|
1732 ft²
|
$335,000
2 Bed
3 Bath
1732 ft²
|
$345,000
+2.99%
05/05/2022
|
Christy Kimbro
CREC Properties, LLC
| |
|
04/12/2022
| |
2 Bed
|
3 Bath
|
-
|
$335,000
2 Bed
3 Bath
|
-
-
|
Christy Kimbro
CREC Properties, LLC
|
|
10/28/2021
|
2 Bed
|
2 Bath
|
1440 ft²
|
$299,900
2 Bed
2 Bath
1440 ft²
|
$315,000
+5.04%
12/10/2021
|
Hyejin Ann
NorthGroup Real Estate, Inc.
| |
|
07/24/2021
|
2 Bed
|
2 Bath
|
1457 ft²
|
$259,900
2 Bed
2 Bath
1457 ft²
|
$315,000
+21.20%
08/30/2021
|
Hyejin Ann
NorthGroup Real Estate, Inc.
| |
|
07/16/2021
|
2 Bed
|
2 Bath
|
1388 ft²
|
$254,900
2 Bed
2 Bath
1388 ft²
|
$276,000
+8.28%
08/13/2021
|
Emily Massey
Massey Real Estate
| |
|
04/05/2021
|
4 Bed
|
3 Bath
|
2358 ft²
|
$329,000
4 Bed
3 Bath
2358 ft²
|
$372,000
+13.07%
05/06/2021
|
Wendy Tanson
Nest Realty of the Triangle
| |
|
10/12/2020
|
2 Bed
|
2 Bath
|
1482 ft²
|
$225,000
2 Bed
2 Bath
1482 ft²
|
$225,200
+0.09%
11/06/2020
|
Lisa Southern
Compass North Carolina
| |
|
10/04/2020
|
2 Bed
|
3 Bath
|
1360 ft²
|
$230,000
2 Bed
3 Bath
1360 ft²
|
$205,000
-10.87%
12/18/2020
|
Mynor Contreras Martinez
Howard Perry & Walston Realty
| |
|
06/30/2020
|
2 Bed
|
2 Bath
|
1440 ft²
|
$205,000
2 Bed
2 Bath
1440 ft²
|
$212,000
+3.41%
08/03/2020
|
Amanda Baker
Allen Tate / Durham
| |
|
07/12/2019
|
3 Bed
|
3 Bath
|
1708 ft²
|
$264,900
3 Bed
3 Bath
1708 ft²
|
$255,000
-3.74%
10/02/2019
|
Kathrine Arsena
Red Door Company
| |
|
07/10/2019
|
3 Bed
|
3 Bath
|
1550 ft²
|
$239,900
3 Bed
3 Bath
1550 ft²
|
$235,000
-2.04%
08/01/2019
|
Marvin Bobbitt
Frank Ward, REALTORS
| |
|
06/24/2019
|
3 Bed
|
3 Bath
|
2197 ft²
|
$329,500
3 Bed
3 Bath
2197 ft²
|
-
-
|
-
| |
|
06/13/2019
|
3 Bed
|
3 Bath
|
1644 ft²
|
$250,000
3 Bed
3 Bath
1644 ft²
|
$245,500
-1.80%
08/05/2019
|
Andrew Palumbo
My NC Homes
| |
|
11/20/2018
|
2 Bed
|
2 Bath
|
1429 ft²
|
$225,000
2 Bed
2 Bath
1429 ft²
|
$213,500
-5.11%
03/01/2019
|
Bruce Clayton
Griffin Associates REALTORS
| |
|
07/18/2018
|
2 Bed
|
3 Bath
|
1509 ft²
|
$195,000
2 Bed
3 Bath
1509 ft²
|
$200,000
+2.56%
08/21/2018
|
Amy Pomerantz
Keller Williams Elite Realty
| |
|
05/02/2018
|
3 Bed
|
3 Bath
|
1710 ft²
|
$255,000
3 Bed
3 Bath
1710 ft²
|
$252,000
-1.18%
07/12/2018
|
Bill Matthes
Real Estate Experts
| |
|
04/21/2018
|
2 Bed
|
3 Bath
|
1360 ft²
|
$192,000
2 Bed
3 Bath
1360 ft²
|
$188,000
-2.08%
06/18/2018
|
Tony Yao
CHK Realty
| |
|
03/22/2018
|
3 Bed
|
3 Bath
|
1743 ft²
|
$250,000
3 Bed
3 Bath
1743 ft²
|
$265,000
+6.00%
04/30/2018
|
Michele Burris
Local Market Realty, LLC
| |
|
09/22/2017
|
3 Bed
|
3 Bath
|
2000 ft²
|
$255,000
3 Bed
3 Bath
2000 ft²
|
$255,000
12/15/2017
|
Laurie Hutchings
Peak, Swirles & Cavallito
| |
|
09/01/2016
|
3 Bed
|
2 Bath
|
1750 ft²
|
$210,000
3 Bed
2 Bath
1750 ft²
|
$212,500
+1.19%
11/04/2016
|
Amy Miller
EXP Realty
| |
|
08/19/2016
|
3 Bed
|
2 Bath
|
1570 ft²
|
$199,000
3 Bed
2 Bath
1570 ft²
|
$199,000
10/04/2016
|
Don Hanan
Fonville Morisey Realty
| |
|
03/31/2016
|
2 Bed
|
2 Bath
|
1390 ft²
|
$190,000
2 Bed
2 Bath
1390 ft²
|
$185,000
-2.63%
05/26/2016
|
Brian Pate
Keller Williams Preferred Realty
| |
|
02/20/2016
|
2 Bed
|
3 Bath
|
1560 ft²
|
$195,000
2 Bed
3 Bath
1560 ft²
|
$190,000
-2.56%
06/06/2016
|
Tom Wiltberger
Compass -- Chapel Hill - Durham
| |
|
02/12/2016
|
4 Bed
|
3 Bath
|
2358 ft²
|
$265,000
4 Bed
3 Bath
2358 ft²
|
$253,000
-4.53%
05/19/2016
|
Jeff Ward
Ward & Misenheimer Realtors
| |
|
12/18/2015
|
2 Bed
|
3 Bath
|
1452 ft²
|
$180,500
2 Bed
3 Bath
1452 ft²
|
$175,000
-3.05%
04/21/2016
|
Cindy Ellis
Broker Partners Realty
| |
|
06/18/2015
|
3 Bed
|
4 Bath
|
2123 ft²
|
$239,000
3 Bed
4 Bath
2123 ft²
|
$236,000
-1.26%
10/19/2015
|
Erika Miller
Berkshire Hathaway HomeService
| |
|
05/21/2015
|
3 Bed
|
3 Bath
|
1612 ft²
|
$206,300
3 Bed
3 Bath
1612 ft²
|
$205,000
-0.63%
07/06/2015
|
Susan Walser
Carolina Preferred Realty
| |
|
05/04/2015
|
2 Bed
|
2 Bath
|
1457 ft²
|
$169,900
2 Bed
2 Bath
1457 ft²
|
$165,500
-2.59%
08/26/2015
|
Brooks Brittingham
Berkshire Hathaway HomeService
| |
|
03/24/2015
|
3 Bed
|
2 Bath
|
1513 ft²
|
$199,000
3 Bed
2 Bath
1513 ft²
|
$194,446
-2.29%
05/22/2015
|
Don Hanan
Durham
| |
|
01/24/2015
|
2 Bed
|
2 Bath
|
1323 ft²
|
$169,900
2 Bed
2 Bath
1323 ft²
|
$169,000
-0.53%
05/15/2015
|
Kim Hanan
Fonville Morisey Realty
| |
|
11/17/2014
|
2 Bed
|
2 Bath
|
1416 ft²
|
$194,900
2 Bed
2 Bath
1416 ft²
|
$189,000
-3.03%
01/20/2015
|
Don Hanan
Durham
|
Building Info
About Duke Forest
Similar Homes for Sale
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Listed by: Kim Hanan, Fonville Morisey Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 1987102
Last Updated: 2 years ago
Data Source: TMLS, MLS# 1987102
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