$474,500
●
House -
Off Market
4003 Hillgrand Drive
Durham, NC 27705
3 Beds
2 Baths
1,456 Ft²
$2,561
Est. Monthly
4.49%
Cap Rate
About This Property
Welcome to this spectacular 3-bedroom, 2-bathroom home nestled in a
prime location just minutes away from Duke Forest and Duke
University, offering easy access to a plethora of amenities,
including shopping, dining, and recreation options!! Step inside to
discover a fully renovated interior featuring newly refinished
hardwood flooring, fresh paint, upgraded trim, doors, and fixtures!
The heart of the home is undoubtedly the kitchen with beautiful
cabinets, sleek quartz countertops, and high-end stainless steel
appliances. Its spacious layout provides ample room for cooking and
entertaining. Each of the two bathrooms have been transformed,
offering luxurious amenities and elegant finishes.
Unit Size
1,456 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$329
Property Type
House
Property Taxes
$209
HOA Dues
-
Year Built
1960
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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 #10018742)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Mar 22, 2024 | Listed by DASH Carolina | $479,000 | |
| Listed by DASH Carolina | |||
| Sep 13, 2023 | Sold | ||
| Sold | |||
| Aug 29, 2023 | Listed by EXP Realty LLC | $289,900 | |
| Listed by EXP Realty LLC | |||
| | |||
|
FIXER UPPER in 27705! Great opportunity to invest in a popular Durham neighborhood off American Drive/Morreene Rd. Brick ranch with front porch, attached carport, 3 bedrooms, 2 baths, hardwood floors, living room with fireplace. Interior needs updating but lots of good features/bones to work with - updated water heater, HVAC, crawlspace insulation and vapor barrier, roof. Property to be sold AS-IS - SELLER WILL NOT DO ANY REPAIRS. Please review offer instructions in uploaded documents. See Agent Remarks for more info.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Durham
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Listed by: Jordan Michael Everington, DASH Carolina
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10018742
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10018742
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