$436,000
●
House -
Off Market
508 Nantahala Drive
Durham, NC 27713
4 Beds
2 Baths,
1
Half Bath
1,776 Ft²
$424,774
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
Gorgeous and move-in ready 4 bedroom, 2.5 bathroom home located in
the highly sought-after Hope Valley Farms. Perfectly situated just
minutes away from Duke, UNC, RTP, Southpoint mall, the YMCA, I-40,
downtown Durham, and more. As you enter the home, the beautiful
hardwood floors lead you to an expansive and light-filled living
room with a wood-burning fireplace, followed by a formal dining
room, and a vast kitchen featuring granite countertops, stainless
steel appliances, and a breakfast area. The vast laundry mudroom
and ample built-in storage closets throughout the house provide
extra convenience. The second floor offers three bedrooms, an
extensive owner's suite with a spacious walk-in closet, and an
en-suite bathroom with dual vanity sinks. Enjoy the spring weather
on the deck overlooking the huge, private, and fenced backyard
oasis, which provides direct access to the stunning American
tobacco trail! This well-designed house is complete with a new
architectural shingle roof (2020) and comes with new washer, dryer,
and dishwasher.
Unit Size
1,776 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$235
Property Type
House
Property Taxes
$256
HOA Dues
$29
Year Built
1994
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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: 12 months ago (TMLS #2497319)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 21, 2023 | Sold | ||
| Sold | |||
| Mar 1, 2023 | Listed by Berkshire Hathaway HomeService | $417,500 | |
| Listed by Berkshire Hathaway HomeService | |||
| | |||
|
Gorgeous and move-in ready 4 bedroom, 2.5 bathroom home located in the highly sought-after Hope Valley Farms. Perfectly situated just minutes away from Duke, UNC, RTP, Southpoint mall, the YMCA, I-40, downtown Durham, and more. As you enter the home, the beautiful hardwood floors lead you to an expansive and light-filled living room with a wood-burning fireplace, followed by a formal dining room, and a vast kitchen featuring granite countertops, stainless steel appliances, and a breakfast area. The vast laundry mudroom and ample built-in storage closets throughout the house provide extra convenience. The second floor offers three bedrooms, an extensive owner's suite with a spacious walk-in closet, and an en-suite bathroom with dual vanity sinks. Enjoy the spring weather on the deck overlooking the huge, private, and fenced backyard oasis, which provides direct access to the stunning American tobacco trail! This well-designed house is complete with a new architectural shingle roof (2020) and comes with new washer, dryer, and dishwasher.
| |||
| Jun 12, 2019 | Sold | ||
| Sold | |||
| May 10, 2019 | Listed by Berkshire Hathaway HomeService | $270,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| Apr 26, 2006 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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 Hope Valley Farms North
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Naama Shaked, Berkshire Hathaway HomeService
Last Updated: 12 months ago
Data Source: TMLS, MLS# 2497319
Last Updated: 12 months ago
Data Source: TMLS, MLS# 2497319
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