5635 Paragon Circle
About This Property
Enjoy the warm ambiance provided by recessed lighting throughout and a cozy gas log fireplace accented with shiplap. All closets are illuminated for added convenience. The chef's kitchen is a dream come true, featuring a walk-in pantry, ceramic tile backsplash, slow-close cabinets with a lazy Susan, under-cabinet lighting, and brand-new stainless-steel appliances.
The bathrooms exude elegance with ceramic tile and niches, while the primary bathroom offers a spacious ceramic tile floor and a shower with a double faucet, and a handheld sprayer, all accessed through a sleek pocket door.
Step outside to a brand-new deck and a fenced-in yard, ideal for entertaining. Additionally, there's an outdoor workshop with power, perfect for DIY projects. Nestled in a quiet neighborhood with a circle drive, this home offers privacy, comfort, and low-maintenance living.
Located in Northern Durham with no city taxes, you'll enjoy the perfect balance of modern upgrades and serene living. Plus, it's conveniently close to shopping, hospitals, and the upcoming Publix in North Durham!
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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 |
|---|---|---|---|
| Jun 2, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | Price Decreased |
$399,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Apr 3, 2025 | Price Decreased |
$409,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Mar 18, 2025 | Price Decreased |
$419,900
↓ $5K
(1.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017