$204,000
●
House -
Off Market
313 Gresham Avenue
Durham, NC 27704
2 Beds
1 Bath
754 Ft²
$279,910
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Adorable cottage in popular Northgate Park is ready for move in for
under $200k! Recently renovated kitchen and bath. SS appliances and
high end WD convey. Solid surface countertops and glossy kitchen
cabinets. Delightful design touches everywhere! Hardwood floors in
living areas, tile in kitchen and baths. Ceiling fans in both BRs.
Wood blinds throughout. French doors lead from LR to large deck
overlooking large, sunny back yard. Super quiet could-de sac street
backs up to Northgate Park trail system.
Unit Size
754 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$245
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
1955
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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 #2199550)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 20, 2018 | Sold | ||
| Sold | |||
| Jul 15, 2018 | Listed | $185,000 | |
| Listed | |||
| | |||
|
Adorable cottage in popular Northgate Park is ready for move in for under $200k! Recently renovated kitchen and bath. SS appliances and high end WD convey. Solid surface countertops and glossy kitchen cabinets. Delightful design touches everywhere! Hardwood floors in living areas, tile in kitchen and baths. Ceiling fans in both BRs. Wood blinds throughout. French doors lead from LR to large deck overlooking large, sunny back yard. Super quiet dead-end street backs up to Northgate Park trail system. The manager has listed the unit size as 754 square feet.
| |||
| Jun 21, 2018 | Listed by West Durham Realty | $185,000 | |
| Listed by West Durham Realty | |||
| Sep 26, 2014 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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ft²
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Sold On
HOA + Taxes
About Northgate Park
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Currently no similar homes aroundNearby Rentals
Listed by: Leslie Page, West Durham Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2199550
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2199550
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