$713,000
●
House -
Off Market
601 Jerome Road
Durham, NC 27713
3 Beds
3 Baths,
1
Half Bath
2,589 Ft²
$690,155
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
Sometimes a house just gets everything right. The welcoming and
friendly classic craftsman facade draws you onto the full-width
extra deep rocking chair front porch. Step indoors and feel the
brightness of light from all sides, the spaciousness of high
ceilings and an open floorplan, and the comfort of construction
that will stand the test of time. Genuine materials like site
finished hardwoods, simple and clean lines, and perfectly allocated
square footage make this a truly beautiful home. Enjoy a main level
primary suite with two beds and an exceptionally large bonus
room/loft upstairs. Fabulous walk in storage and closet space
distributed throughout and a generous fully-fenced back yard. Built
by cult favorite B Wallace, this house is perfectly sited in the
heart of the neighborhood and located conveniently near the center
of the Triangle. Easy commute to RDU, RTP, downtown Durham etc.
Unit Size
2,589 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$266
Property Type
House
Property Taxes
$373
HOA Dues
$38
Year Built
2019
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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 #2507670)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2023 | Sold | ||
| Sold | |||
| Apr 28, 2023 | Listed by Nest Realty of the Triangle | $689,000 | |
| Listed by Nest Realty of the Triangle | |||
| Dec 2, 2020 | Sold | ||
| Sold | |||
| Oct 22, 2020 | Listed by Nest Realty of the Triangle | $435,000 | |
| Listed by Nest Realty of the Triangle | |||
| Oct 11, 2019 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
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 Emory Woods Orchards
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Listed by: Sam Poole, Nest Realty of the Triangle
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2507670
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2507670
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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