$184,500
●
House -
Off Market
3818 Northlake Drive
Durham, NC 27703
3 Beds
2 Baths,
1
Half Bath
1,225 Ft²
$272,345
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Look no further than this back yard oasis, fenced, custom patio,
lots of landscaping and a hot tub just steps from your sliding
glass door. 3 bedrooms, 2.5 bathrooms, wood burning
fireplace, and a 2-Car Garage in Grove Park. Quick walk to
the awesome neighborhood clubhouse, gym, pool, basketball, tennis,
and playgrounds. Multiple Offers Received, Seller is asking
all offers to be submitted by 5:00 Saturday 7/7/18.
Unit Size
1,225 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$147
Property Type
House
Property Taxes
$162
HOA Dues
$52
Year Built
1998
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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 #2202028)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Listed by HomeTowne Realty Clayton East | $335,000 | |
| Listed by HomeTowne Realty Clayton East | |||
| | |||
|
Have you been looking for an affordable home, in an amazing community all while conveniently located to work, shopping,, and restaurants? Well you have finally found what you are looking for in this extraordinary 2-story home boasting 3 large bedrooms, 2 1/2 baths, 2 car garage, and a fenced in back yard with hot tub. Move in worry-free with its new roof, new hot water heater, new HVAC, freshly painted interior, and new carpet. Tile flooring in baths and laminate flooring on first floor. Includes refrigerator, range, washer and dryer. Low HOA fees for all the Grove Park amenities which include walking trails, clubhouse, pool, tennis court, and much more. Located just 15 minutes from Brier Creek, RDU, RTP, Durham, Raleigh and Wake Forest.
| |||
| Apr 1, 2020 | Sold | ||
| Sold | |||
| Feb 15, 2020 | Listed by Coldwell Banker Advantage | $202,000 | |
| Listed by Coldwell Banker Advantage | |||
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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
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Grove Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Andrew Palumbo, Coldwell Banker Advantage
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2202028
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2202028
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