$168,500
●
House -
Off Market
5802 Newhall Road
Durham, NC 27713
3 Beds
2 Baths
1,372 Ft²
$287,190
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model
About This Property
Updated home w/ brick & vinyl exterior is move-in ready! New
stainless steel appliances! New kitchen counters, new carpet,
new paint, new vinyl flooring...all neutral colors waiting for your
personal touches. New 14 SEER gas-pack HVAC & new ductwork 2015.
Flexible floor plan with living room & family room. Kitchen
open to dining area & family room. Updated light fixtures.
Nice laundry/mud room. Fenced yard. Wide paved
driveway for easy parking. Flat lot. Walk to parks, SoDu
Farmers Market!
Unit Size
1,372 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$120
Property Type
House
Property Taxes
-
HOA Dues
$19
Year Built
1972
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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 #2048239)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| May 9, 2025 | Relisted | $168,500 | |
| Relisted | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Listed by Nest Realty of the Triangle | $345,000 | |
| Listed by Nest Realty of the Triangle | |||
| | |||
|
Welcome to this beautifully maintained 3-bedroom, 2-bathroom brick ranch nestled in the highly sought-after Parkwood neighborhood. Thoughtfully designed with an incredible layout, this home offers flexibility and functionality to suit today's modern lifestyle. Whether you're working from home, entertaining, or simply relaxing, you'll find the space adapts perfectly to your needs.
Sitting on over a quarter-acre, the expansive fenced yard is a dream for pet owners and outdoor enthusiasts alike. Mature trees provide natural shade and privacy, creating a serene setting just minutes from everything the Triangle has to offer.
Enjoy unbeatable convenience with easy access to Southpoint Mall, RDU Airport, and RTP — all just a short drive away. This central location makes commuting and exploring the area a breeze. Great opportunity AND at an affordable price!
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Parkwood
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Listed by: Becky Harper, RE/MAX United
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2048239
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2048239
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