$910,000
●
House -
Off Market
307 W Knox Street
Durham, NC 27701
4 Beds
2 Baths,
1
Half Bath
2,120 Ft²
$5,092
Est. Monthly
2.61%
Cap Rate
About This Property
The perfect home doesn't exist ... or does it? DISCOVER this
remarkable Duke Park gem: Architecture, check! Serene, quarter acre
private lot with a vast, level backyard, check! Mere minutes' walk
from Downtown Durham's bustling shops, cafes, & entertainment,
check! This home truly offers all the things in a market desperate
for good inventory! The floorplan strikes the ideal balance of
openness & intimacy; the soaring ceilings in the family room
elevate the sense of grandeur while four spacious bedrooms,
including a luxurious Primary Suite on the Main level, create an
ambience of comfort and warmth. Charming, yet versatile sunroom
beckons as a delightful reading retreat or productive home office.
Stunning, spacious kitchen with quartz counters & stainless
appliances seamlessly connects inside living, out. The HUGE
backyard unfolds with an inviting screened porch & expansive deck.
The perfect urban oasis! Built in 2001 & updated in 2014 by Gail
Crabtree. New roof 2023, New privacy fence 2023, New dishwasher,
fridge and washing machine 2023. This home Checks. All. The. Boxes!
Unit Size
2,120 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$439
Property Type
House
Property Taxes
$526
HOA Dues
-
Year Built
2001
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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 #10038018)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | Listed by Nest Realty of the Triangle | $930,000 | |
| Listed by Nest Realty of the Triangle | |||
| | |||
|
The perfect home doesn't exist ... or does it? DISCOVER this remarkable Duke Park gem: Architecture, check! Serene, quarter acre private lot with a vast, level backyard, check! Mere minutes' walk from Downtown Durham's bustling shops, cafes, & entertainment, check! This home truly offers all the things in a market desperate for good inventory! The floorplan strikes the ideal balance of openness & intimacy; the soaring ceilings in the family room elevate the sense of grandeur while four spacious bedrooms, including a luxurious Primary Suite on the Main level, create an ambience of comfort and warmth. Charming, yet versatile sunroom beckons as a delightful reading retreat or productive home office. Stunning, spacious kitchen with quartz counters & stainless appliances seamlessly connects inside living, out. The HUGE backyard unfolds with an inviting screened porch & expansive deck. The perfect urban oasis! Built in 2001 & updated in 2014 by Gail Crabtree. New roof 2023, New privacy fence 2023, New dishwasher, fridge and washing machine 2023. This home Checks. All. The. Boxes!
| |||
| May 18, 2018 | Sold | ||
| Sold | |||
| Apr 17, 2018 | Listed by Nest Realty of the Triangle | $499,000 | |
| Listed by Nest Realty of the Triangle | |||
| Mar 5, 2014 | Sold | ||
| Sold | |||
Property Highlights
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
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Closing Price
Sold On
Sold On
HOA + Taxes
About Duke Park
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Currently no similar homes aroundNearby Rentals
Listed by: Jeff Goldman, Nest Realty of the Triangle
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10038018
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10038018
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