$587,000
●
House -
Off Market
509 Tuttle Road
Durham, NC 27703
3 Beds
2 Baths
1,799 Ft²
$3,554
Est. Monthly
$230
HOA / Fees
3.08%
Cap Rate
About This Property
Welcome to the popular Del Webb Carolina Arbors community! This
stunning single-story home is designed with 55+ living in mind,
offering 3 spacious bedrooms and 2 bathrooms all on one level for
easy living. This home backs up to woods, so much privacy with lush
landscaping. Inside, you'll find beautiful hardwood floors that add
a touch of elegance and a modern kitchen featuring sleek stainless
steel appliances and a large granite island. The primary
bathroom offers a walk in shower with a double vanity. The home
provides an abundance of natural light. It's the perfect blend of
comfort and style. Enjoy the neighborhood amenities with a
clubhouse, indoor/outdoor pool, fitness center, tennis, pickleball,
and so many clubs to join. Close to shopping and restaurants.
Unit Size
1,799 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$333
Property Type
House
Property Taxes
$383
HOA Dues
$230
Year Built
2017
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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 #10044525)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by Keller Williams Preferred Realty | $599,000 | |
| Listed by Keller Williams Preferred Realty | |||
| | |||
|
Welcome to the popular Del Webb Carolina Arbors community! This stunning single-story home is designed with 55+ living in mind, offering 3 spacious bedrooms and 2 bathrooms all on one level for easy living. This home backs up to woods, so much privacy with lush landscaping. Inside, you'll find beautiful hardwood floors that add a touch of elegance and a modern kitchen featuring sleek stainless steel appliances and a large granite island. The primary bathroom offers a walk in shower with a double vanity. The home provides an abundance of natural light. It's the perfect blend of comfort and style. Enjoy the neighborhood amenities with a clubhouse, indoor/outdoor pool, fitness center, tennis, pickleball, and so many clubs to join. Close to shopping and restaurants.
| |||
| Feb 16, 2018 | 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 Durham
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Listed by: Karen Tehrani, Keller Williams Preferred Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10044525
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10044525
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