$225,000
●
House -
Off Market
407 Doggett Drive
Graham, NC 27253
2 Beds
1 Bath
956 Ft²
$1,291
Est. Monthly
6.72%
Cap Rate
About This Property
Well maintained brick ranch on corner lot! 2 Bedroom, 1 bath with
dining room, kitchen and laundry room (not included in sq ft).
Home has replacement windows. Roof replaced in 2024,
Generac whole house generator in April 2022, new heat 2022.
Large 27x12 deck for entertaining. Lot is partially fenced, raised flower bed in the front of home, concrete driveway/parking. Large 30x24 garage/ workshop with floored attic storage. Carport with storage room. Additional 9x9 storage shed. Approx 1 mile from the Historic downtown Graham shops and restaurants. Approx 1 mile to I85/40. Convenient to Raleigh, Greensboro and Chapel Hill.
Large 27x12 deck for entertaining. Lot is partially fenced, raised flower bed in the front of home, concrete driveway/parking. Large 30x24 garage/ workshop with floored attic storage. Carport with storage room. Additional 9x9 storage shed. Approx 1 mile from the Historic downtown Graham shops and restaurants. Approx 1 mile to I85/40. Convenient to Raleigh, Greensboro and Chapel Hill.
Unit Size
956 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$250
Property Type
House
Property Taxes
$117
HOA Dues
-
Year Built
1959
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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 #10025753)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | Listed by Heritage Real Estate | $239,000 | |
| Listed by Heritage Real Estate | |||
| | |||
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Well maintained brick ranch on corner lot! 2 Bedroom, 1 bath with dining room, kitchen and laundry room (not included in sq ft). Home has replacement windows. Roof replaced in 2024, Generac whole house generator in April 2022, new heat 2022.
Large 27x12 deck for entertaining. Lot is partially fenced, raised flower bed in the front of home, concrete driveway/parking. Large 30x24 garage/ workshop with floored attic storage. Carport with storage room. Additional 9x9 storage shed. Approx 1 mile from the Historic downtown Graham shops and restaurants. Approx 1 mile to I85/40. Convenient to Raleigh, Greensboro and Chapel Hill.
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Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
Baths
ft²
Price/ft²
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About Graham
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Listed by: Mary Porter, Heritage Real Estate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10025753
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10025753
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