$350,000
●
House -
Off Market
3024 Rosewood Drive
Durham, NC 27705
3 Beds
2 Baths
1,837 Ft²
$1,910
Est. Monthly
6.18%
Cap Rate
About This Property
Charming 2-story cottage sitting on .54 private acres in
established Durham neighborhood! Quality touches throughout incl.
crown molding, chair rails, cathedral ceilings & exposed wood
beams. Additional updates incl. Roof (2022), Windows/Doors (2022),
HVAC (2019), & New Carpet (2022). Perfectly situated "corner lot"
ft. oversized deck (12x20) overlooking fenced in backyard & your
own "mini farm" w/ multiple raised beds, storage shed, & plenty of
space to expand! Conveniently located to everything the city has to
offer and no HOA! Interactive 3D Virtual Tour & Aerial Video
Available!
Unit Size
1,837 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$191
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1976
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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 #2536877)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 14, 2023 | Sold | ||
| Sold | |||
| Oct 12, 2023 | Listed by Keller Williams Realty United | $350,000 | |
| Listed by Keller Williams Realty United | |||
| Aug 2, 2023 | No longer available | - | |
| No longer available | |||
| Jun 20, 2023 | Price Decreased |
$414,900
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Jun 6, 2023 | Listed by Mark Spain Real Estate | $430,000 | |
| Listed by Mark Spain Real Estate | |||
| | |||
|
This 3 bed/2 bath 1.5 story home is filled with lots of extras!! The kitchen offers tile, s/s appliances, Built in Microwave, Breakfast nook and more. The large Master has a sitting area, trey ceilings, & walk in closet. The 2nd floor bath has been updated with granite counter tops & much more! There is a bedroom down for extended in-law visits. The quiet & beauty of this lot in Durham is amazing!! There are custom shades for added privacy. Close to hospitals and a must see home!! The manager has listed the unit size as 1789 square feet.
| |||
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About Durham
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Listed by: Robert Hunt, Keller Williams Realty United
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2536877
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2536877
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