$278,000
●
House -
Off Market
316 Whitney Lane
Durham, NC 27713
3 Beds
2 Baths,
1
Half Bath
2,860 Ft²
$452,263
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model
About This Property
****USE FOR COMP PURPOSES ONLY****
Unit Size
2,860 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$98
Property Type
House
Property Taxes
-
HOA Dues
$40
Year Built
2003
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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 #2118244)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | Listed by Redfin Corporation | $575,000 | |
| Listed by Redfin Corporation | |||
| | |||
|
You'll find this light, bright, airy home tucked away on a quiet cul de sac with a pond beside it and woods behind it. Filled with natural light, gleaming engineered hardwoods, large office space, formal dining and a huge kitchen, you'll love the floorplan that lends itself to entertaining. The kitchen features black granite counters, natural gas range, walk-in pantry, and plenty of storage space. Upstairs you'll find a large loft, oversized primary bedroom with sitting area, two more roomy bedrooms with walk-in closets, and an abundance of storage. Outside offers a deck, large fenced backyard, and plenty of privacy. The roof was replaced in 2023. This is the perfect location convenient to 40, 885, 540, and Southpoint Mall. Be sure to view the interactive virtual tour! MULITPLE OFFERS RECEIVED. OFFER DEADLINE SET FOR NOON ON MONDAY, 3/25.
| |||
| May 22, 2017 | Sold | ||
| Sold | |||
| Mar 26, 2017 | Listed by Coldwell Banker - HPW | $279,900 | |
| Listed by Coldwell Banker - HPW | |||
| May 22, 2013 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Durham
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Listed by: Warren Adamson, Coldwell Banker - HPW
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2118244
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2118244
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