$825,000
●
House -
Off Market
401 E Trinity Avenue
Durham, NC 27701
4 Beds
3 Baths
2,939 Ft²
$4,558
Est. Monthly
2.97%
Cap Rate
About This Property
Live in Durham's Historic Hamlin House! Thoughtfully restored in
2012, this exceptional 1928 Tudor Revival oozes history and charm
while boasting updates in all the right places! Bright kitchen
features awesome eat-in island, granite counters, stainless
appliances & ample storage in clean line shaker style cabinets.
Bedroom on the main level can easily be used as a flex space or
office. Extra-large Primary bedroom with beautiful en-suite bath,
walk-in closet, additional storage closet AND your own private
balcony! Two more large bedrooms & an unique loft offers flexible
living for today's modern buyer. You want more space? The
unfinished basement offers tons of potential for a workshop or
studio or brought back to its original garage space! Gorgeous pine
and oak wood floors, NEW roof 2024, aluminum clad Wood windows,
spray foam insulated attic, bay window & gas fireplace highlight
just a few of the incredible elements new and old in this lovely
home. Situated on a corner lot, features large outdoor spaces,
completely landscaped with black aluminum fence and parking off the
private Rosetta Dr. Just minutes' walk to everything Downtown
offers, coffee, shops, bars, restaurants & parks!!
Unit Size
2,939 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$281
Property Type
House
Property Taxes
$506
HOA Dues
-
Year Built
1920
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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 #10020712)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | Listed by Nest Realty of the Triangle | $825,000 | |
| Listed by Nest Realty of the Triangle | |||
| May 11, 2023 | No longer available | - | |
| No longer available | |||
| Dec 9, 2022 | Listed by Berkshire Hathaway HomeServices York Simpson Underwood Realty | $795,000 | |
| Listed by Berkshire Hathaway HomeServices York Simpson Underwood Realty | |||
| | |||
|
As featured in the 1/29/2023 New York Times: Gorgeous 1928 Tudor Revival in Old North Durham. Sensitively renovated by Seller with new systems & many fixtures. Quarter sawn oak & pine plank floors, clad replacement windows & many original details intact. Great light into large rooms. Large living room has west-facing bay window & on-demand gas fireplace. Downstairs Bedroom has exterior door. Large Kitchen with eat-in space, shaker cabinets, granite countertops, a recessed fridge & pantry. Ample master bedroom has balcony, 2 closets- one a walk-in- & a private bathroom. Separate Laundry Room + Open Office/Loft on rear of 2nd floor. Ceramic tile in all 3 bathrooms. Spray foam insulation in attic. Corner lot. Metal perimeter fence. Private driveway is off Rosetta Dr. Within the full list price, seller will install a new architectural shingle roof. The forthcoming Duke Beltline Bike/Ped Trail is right down from the home. Moments to highways, Geer Street fun, Duke's East Campus & Downtown Durham. The manager has listed the unit size as 2941 square feet.
| |||
| Oct 13, 2022 | No longer available | - | |
| No longer available | |||
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Property Highlights
Parking Available
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 Old North Durham
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Listed by: Jeff Goldman, Nest Realty of the Triangle
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10020712
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10020712
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
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