$405,000
●
House -
Off Market
4330 Lazyriver Drive
Durham, NC 27712
3 Beds
2 Baths,
1
Half Bath
1,461 Ft²
$2,081
Est. Monthly
$28
HOA / Fees
5.62%
Cap Rate
About This Property
You can't find this type of character in the new builds today!
Located on a private fenced in lot backing to the Eno trails this
property has it all. The front porch has a swing to enjoy and as
soon as you enter the home the built-ins in the office/flex room
makes you feel at home. The living room is cozy with plentiful
natural light and a fireplace. The kitchen has a built in breakfast
nook, plentiful cabinet space/counter space and SS appliances. The
primary bedroom on the second floor has a tray ceiling, 2 closets
and an updated bathroom(2021). Two additional bedrooms and a full
bath cap off the second floor. The backyard is a dream with
plentiful trees, a natural buffer provided by the Eno, a large deck
for entertaining and a patio to see it all. Community/HOA includes
a pool!
Unit Size
1,461 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$260
Property Type
House
Property Taxes
$187
HOA Dues
$28
Year Built
1998
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Cap Rate Calculator
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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 #10027026)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 4, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | Listed by Cambridge & Assoc. R.E. Group | $380,000 | |
| Listed by Cambridge & Assoc. R.E. Group | |||
| Jul 12, 2022 | Sold | ||
| Sold | |||
| Jun 9, 2022 | Listed by Cambridge & Assoc. R.E. Group | $365,000 | |
| Listed by Cambridge & Assoc. R.E. Group | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Durham
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Listed by: Paul Clayborne Corsa, Cambridge & Assoc. R.E. Group
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10027026
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10027026
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