5203 Longwood Drive
About This Property
A gem of a find in Hope Valley Farms! Bright and airy, this lovely home boasts a first floor primary with great light, large closet and a beautiful four piece primary bathroom. Enjoy a formal living or office space, dedicated dining room, and eat-in-kitchen. Beautiful butcher block countertops adorn the kitchen. Upstairs, two large bedrooms share a jack-and-jill-bath. Walk-in attic space for easy access storage. Don't miss the oversize bonus space with separate mini-split unit for convenient and efficient cooling. Enjoy the walking paths around Hope Valley and the convenience of one of Durham's best neighborhoods.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 8, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Mar 22, 2025 | Listed by Real Estate By Design | $545,000 | |
| Listed by Real Estate By Design | |||
| Feb 5, 2016 | Sold | ||
| Sold | |||
| Jan 17, 2016 | Listed by Real Estate By Design | $269,900 | |
| Listed by Real Estate By Design | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017