$299,000
●
House -
Off Market
6 Ocean Court
Durham, NC 27704
3 Beds
2 Baths,
1
Half Bath
1,360 Ft²
$1,685
Est. Monthly
$50
HOA / Fees
7.14%
Cap Rate
About This Property
Amazing Durham home under $300k! Welcome to 6 Ocean Court, a
charming two-story single-family home nestled in the Summer Meadow
neighborhood, offering the perfect blend of comfort, style, and
convenience. Built in 2003, this well-maintained property boasts 3
bedrooms, 2.5 bathrooms, encompassing approximately 1,357 sq ft of
living space on an 8,058 sq ft lot. Inside, you'll find hardwood
floors, a cozy fireplace in the living room, and updated granite
countertops in the kitchen-all contributing to a warm, inviting
atmosphere. New roof installed in 2021, giving you peace of mind
for years to come. The home also features a fully fenced-in
backyard-ideal for pets, play, and private outdoor living. Situated
in a lovely neighborhood close to local amenities, shopping, parks,
and schools, this home offers a well-rounded lifestyle in a
sought-after Durham location. Whether you're a first-time buyer or
seasoned investor, 6 Ocean Court delivers a warm ambiance,
functional layout, and the quality upgrades today's buyers
appreciate. Contact us today to schedule your private tour!
Unit Size
1,360 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$220
Property Type
House
Property Taxes
$167
HOA Dues
$50
Year Built
2003
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Cap Rate Calculator
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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 #10105685)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 8, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by Mark Spain Real Estate | $299,000 | |
| Listed by Mark Spain Real Estate | |||
| May 1, 2020 | Sold | ||
| Sold | |||
| Mar 26, 2020 | Listed by Mark Spain Real Estate | $199,900 | |
| Listed by Mark Spain Real Estate | |||
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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 Northeast Durham
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Listed by: Sarai Peotdi, Mark Spain Real Estate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10105685
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10105685
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
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