$615,000
●
House -
For Sale
5 Leathers Court
Durham, NC 27705
4 Beds
3 Baths
2,144 Ft²
$3,684
Est. Monthly
$63
HOA / Fees
About This Property
Enjoy the ease of one-level living in this beautifully designed
home tucked away on a quiet cul-de-sac. Featuring a split-bedroom
floor plan, this spacious residence offers 4 bedrooms and 3 full
baths with an inviting open living layout ideal for both everyday
living and entertaining. The main living areas showcase hardwood
floors and 9-foot ceilings, creating a bright and welcoming
atmosphere. The well-appointed owner's suite offers a relaxing
retreat with a spa-like bath featuring a spacious tile shower and
soaking tub. Step outside and unwind on the screen porch with brick
paver flooring, perfect for enjoying peaceful mornings or evening
gatherings. A deck provides additional space for the grill.
Additional highlights include a walk-up attic(2144 Sq Ft) offering
abundant storage or the potential to be finished for additional
living space. Call agent about a Drainage Easement.
Unit Size
2,144 Ft²
Days on Market
6 days
Land Size
0.29 acres
Price per sqft
$287
Property Type
House
Property Taxes
$601
HOA Dues
$63
Year Built
2004
Listed By
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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: 6 days ago (TMLS #10198649)
Price History
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage, Garage Door Opener, Garage Faces Front, Parking Pad
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Granite Counters, High Ceilings, Open Floorplan, Soaking Tub, Walk-In Shower
Appliances: Dishwasher, Dryer, Electric Range, Free-Standing Refrigerator, Microwave, Washer
Flooring Type: Hardwood, Tile, Vinyl
Door Features: Storm Door(s)
Laundry Features: Laundry Room
Rooms: 9
Has Fireplace
Fireplace Features: Gas Log, Great Room
Fireplaces: 1
Basement: Crawl Space
Exterior Details
Square Footage: 2144
Architectural Style: Ranch, Transitional
Year Built: 2004
Building Area Total: 2144
Levels: One
Construction Materials: Brick Veneer, Vinyl Siding
Patio and Porch Features: Deck, Front Porch, Screened
Lot Features: Cul-De-Sac, Landscaped
Lot Size Area: 0.29
Lot Size Units: Acres
Lot Size Acres: 0.29
Lot Size Square Feet: 12632
Water Source: Public
Financial Details
Tax Map Number: 28
Tax Assessed Value: $709,893
Tax Annual Amount: $7,215
Utilities Details
Cooling Type: Heat Pump
Heating Type: Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Storm Water Maintenance
HOA Fee: $750
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Durham
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Listed by: Jeanette Hussey, West & Woodall Real Estate - D
Last Updated: 6 days ago
Data Source: TMLS, MLS# 10198649
Last Updated: 6 days ago
Data Source: TMLS, MLS# 10198649
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