$170,000
●
House -
Off Market
5707 LOYAL Avenue
Durham, NC 27713
2 Beds
1 Bath
1,097 Ft²
$286,492
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Estate Sale. As is. Seller will entertain all
reasonable offers. Country living in the city. Come
view this cozy home that sits on nearly half an acre in the highly
desirable community of Penrith. 2 bed 1 bath w/ large loft
(with storage) that can be used as a 3rd bedroom, study or
entertainment area. Under stair storage and a newly completed deck
add to the charm of his home. This home has tons of character, it
just needs your TLC. Submit offer to secure storage shed,
refrigerator, washer & dryer.
Unit Size
1,097 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$172
Property Type
House
Property Taxes
$146
HOA Dues
-
Year Built
1983
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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 #2176058)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | Listed by TME Premier Properties, LLC | $300,000 | |
| Listed by TME Premier Properties, LLC | |||
| | |||
|
Charming two bedroom/one bath Bungalow in desirable South Durham location. Spacious and private fenced back yard with shed, firepit and additional storage. Updates include: kitchen remodel with new appliances, bathroom remodel, Laminate flooring, new roof 2020, solar tubes in kitchen, new vinyl siding 2020, new HVAC 2021, new exterior doors, stone walkway, gravel driveway, Trex front porch, fenced back yard, new sewer pipe 2018, built in's and interior paint. Convenient to I-40 and I-540 with easy access to shopping and restaurants.
| |||
| Jun 29, 2018 | Sold | ||
| Sold | |||
| Feb 28, 2018 | Listed by RE/MAX One Hundred | $189,000 | |
| Listed by RE/MAX One Hundred | |||
| Aug 1, 2000 | Sold | ||
| Sold | |||
Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Carpenter-Fletcher
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Currently no similar homes aroundNearby Rentals
Listed by: Barbara Hart, RE/MAX One Hundred
Last Updated: 12 months ago
Data Source: TMLS, MLS# 2176058
Last Updated: 12 months ago
Data Source: TMLS, MLS# 2176058
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