4215 Talcott Drive
About This Property
Step outside to the stunning screened-in porch, where you can enjoy a space for al-fresco dining or a cup of coffee during a warm spring morning. The fully fenced backyard is a pet owners dream and the mature trees make this your own private oasis. The kitchen boasts stainless steel appliances and a large pantry for all your storage needs. Head upstairs and enjoy a large primary suite with walk-in closet. New roof installed in 2023. Perfectly situated just 7 minutes from the vibrant heart of Downtown Durham and Duke Hospital, it offers the ideal blend of convenience and comfort!
Prior Owners completed Screened porch addition in 2023 and current sellers had building permitted.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Feb 9, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed by Allen Tate / Durham | $465,000 | |
| Listed by Allen Tate / Durham | |||
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Welcome to your new home in the highly sought-after American Village neighborhood! This home exudes warmth and invites you right in with its charming front porch and front bay window. The first floor features cozy living room area highlighted by a beautiful brick fireplace and views of the lush backyard. Need a work from home office or want space to entertain guests? You can have either, as the large flex space on the first floor can be customized to fit your needs!
Step outside to the stunning screened-in porch, where you can enjoy a space for al-fresco dining or a cup of coffee during a warm spring morning. The fully fenced backyard is a pet owners dream and the mature trees make this your own private oasis. The kitchen boasts stainless steel appliances and a large pantry for all your storage needs. Head upstairs and enjoy a large primary suite with walk-in closet. New roof installed in 2023. Perfectly situated just 7 minutes from the vibrant heart of Downtown Durham and Duke Hospital, it offers the ideal blend of convenience and comfort!
Prior Owners completed Screened porch addition in 2023 and current sellers had building permitted.
| |||
| Jun 28, 2023 | Sold | ||
| Sold | |||
| Jun 1, 2023 | Listed by Allen Tate / Durham | $440,000 | |
| Listed by Allen Tate / Durham | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017