$217,730
●
Townhouse -
Off Market
601 Mallory Lane #2
Durham, NC 27713
3 Beds
2 Baths,
1
Half Bath
2,055 Ft²
$404,431
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model
About This Property
3 story townhome with 2 car rear entry garage that features bonus
room in basement. Upgraded cabinets, tile backsplash in kitchen,
granite countertops in kitchen and master bath, tile shower
surround in master, Ready in November!
Unit Size
2,055 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$106
Property Type
Townhouse
Property Taxes
-
HOA Dues
$172
Year Built
2007
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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 #1956430)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 17, 2015 | Sold | ||
| Sold | |||
| Jun 24, 2014 | Listed by Tri Pointe Homes Inc | $218,820 | |
| Listed by Tri Pointe Homes Inc | |||
| | |||
|
3 story townhome with 2 car rear entry garage that features bonus room in basement. Upgraded cabinets, tile backsplash in kitchen, granite countertops in kitchen and master bath, tile shower surround in master, Ready in November!
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Kitchen/Dining Room Combination
Appliances: Tankless Water Heater
Flooring Type: Carpet, Hardwood, Tile
Laundry Features: Upper Level
Rooms: 7
Exterior Details
Has Property Attached
Square Footage: 2055
Architectural Style: Transitional
Year Built: 2014
Building Area Total: 2055
Levels: Three Or More
Building Area Units: Square Feet
Construction Materials: Brick, Vinyl Siding
Lot Size Area: 2178
Lot Size Units: Square Feet
Lot Size Acres: 0.05
Lot Size Square Feet: 2178
Lot Size Dimensions: request plot plan
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Pool
HOA Fee: $172
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/04/2023
|
3 Bed
|
3 Bath
|
1950 ft²
|
$400,000
3 Bed
3 Bath
1950 ft²
|
$420,000
+5.00%
06/20/2023
|
Holly Hayes
Nest Realty of the Triangle
| |
|
07/27/2022
|
3 Bed
|
4 Bath
|
2163 ft²
|
$428,000
3 Bed
4 Bath
2163 ft²
|
$428,000
09/28/2022
|
Glenn Rice
The Virtual Realty Group INC
| |
|
02/15/2022
| |
3 Bed
|
3 Bath
|
-
|
$385,000
3 Bed
3 Bath
|
-
-
|
Alyssa B Glogowski
Durham
|
|
02/15/2022
|
3 Bed
|
3 Bath
|
1933 ft²
|
$385,000
3 Bed
3 Bath
1933 ft²
|
$440,000
+14.29%
03/18/2022
|
Alyssa Glogowski
Fonville Morisey Realty
| |
|
09/17/2020
|
3 Bed
|
4 Bath
|
2255 ft²
|
$289,000
3 Bed
4 Bath
2255 ft²
|
$289,000
11/10/2020
|
Kelvin Green
Neighborhood Sales & Marketing
| |
|
07/19/2019
|
3 Bed
|
3 Bath
|
1935 ft²
|
$262,000
3 Bed
3 Bath
1935 ft²
|
$267,000
+1.91%
08/19/2019
|
Courtney Dunstan
501 Nest Realty
| |
|
04/04/2019
|
3 Bed
|
3 Bath
|
2265 ft²
|
$269,000
3 Bed
3 Bath
2265 ft²
|
$269,000
07/23/2019
|
Donna Bass
The Company Realty Group
| |
|
05/23/2018
|
3 Bed
|
3 Bath
|
2210 ft²
|
$265,000
3 Bed
3 Bath
2210 ft²
|
$265,500
+0.19%
08/07/2018
|
David Wilson
Carolina's Choice Real Estate
| |
|
04/10/2018
|
3 Bed
|
2 Bath
|
1912 ft²
|
$255,000
3 Bed
2 Bath
1912 ft²
|
$245,000
-3.92%
05/24/2018
|
Hillary Fisher
Fathom Realty NC, LLC
| |
|
06/16/2017
|
3 Bed
|
3 Bath
|
2221 ft²
|
$250,000
3 Bed
3 Bath
2221 ft²
|
$245,000
-2.00%
09/18/2017
|
Denise Keane
Fonville Morisey/Brier Creek S
| |
|
06/27/2015
|
3 Bed
|
3 Bath
|
1788 ft²
|
$215,513
3 Bed
3 Bath
1788 ft²
|
$215,138
-0.17%
12/11/2015
|
Belinda Rowland
Mungo Homes of North Carolina
| |
|
06/27/2015
|
3 Bed
|
3 Bath
|
2066 ft²
|
$244,096
3 Bed
3 Bath
2066 ft²
|
$244,436
+0.14%
12/21/2015
|
Belinda Rowland
Mungo Homes of North Carolina
| |
|
05/20/2015
|
3 Bed
|
4 Bath
|
2053 ft²
|
$225,615
3 Bed
4 Bath
2053 ft²
|
$218,566
-3.12%
12/23/2015
|
Belinda Rowland
Mungo Homes of North Carolina
| |
|
04/14/2015
|
3 Bed
|
2 Bath
|
1789 ft²
|
$234,245
3 Bed
2 Bath
1789 ft²
|
$234,245
12/21/2015
|
Belinda Rowland
Mungo Homes of North Carolina
| |
|
02/24/2015
|
3 Bed
|
3 Bath
|
1788 ft²
|
$229,850
3 Bed
3 Bath
1788 ft²
|
$227,150
-1.17%
01/26/2016
|
Belinda Rowland
Mungo Homes of North Carolina
| |
|
02/24/2015
|
3 Bed
|
3 Bath
|
1789 ft²
|
$227,543
3 Bed
3 Bath
1789 ft²
|
$227,543
06/05/2015
|
Belinda Rowland
Mungo Homes of North Carolina
| |
|
02/24/2015
|
3 Bed
|
2 Bath
|
2055 ft²
|
$219,536
3 Bed
2 Bath
2055 ft²
|
$219,786
+0.11%
06/19/2015
|
Belinda Rowland
Mungo Homes of North Carolina
| |
|
02/24/2015
|
3 Bed
|
2 Bath
|
1788 ft²
|
$229,850
3 Bed
2 Bath
1788 ft²
|
$227,500
-1.02%
01/26/2016
|
Belinda Rowland
Clayton Properties Group INC
| |
|
02/24/2015
|
3 Bed
|
3 Bath
|
2055 ft²
|
$219,536
3 Bed
3 Bath
2055 ft²
|
$221,000
+0.67%
06/19/2015
|
Belinda Rowland
Tri Pointe Homes Inc
| |
|
02/24/2015
|
3 Bed
|
3 Bath
|
2053 ft²
|
$219,526
3 Bed
3 Bath
2053 ft²
|
$220,000
+0.22%
06/08/2015
|
Belinda Rowland
Tri Pointe Homes Inc
| |
|
02/24/2015
|
3 Bed
|
2 Bath
|
1789 ft²
|
$227,543
3 Bed
2 Bath
1789 ft²
|
$228,000
+0.20%
06/05/2015
|
Belinda Rowland
Clayton Properties Group INC
| |
|
12/13/2014
|
3 Bed
|
3 Bath
|
1788 ft²
|
$231,349
3 Bed
3 Bath
1788 ft²
|
$228,849
-1.08%
06/25/2015
|
Belinda Rowland
Mungo Homes of North Carolina
| |
|
12/13/2014
|
3 Bed
|
2 Bath
|
1788 ft²
|
$231,349
3 Bed
2 Bath
1788 ft²
|
$229,500
-0.80%
06/25/2015
|
Belinda Rowland
Clayton Properties Group INC
| |
|
06/24/2014
|
3 Bed
|
2 Bath
|
2055 ft²
|
$218,820
3 Bed
2 Bath
2055 ft²
|
$217,730
-0.50%
02/17/2015
|
Belinda Rowland
Mungo Homes of North Carolina
| |
|
06/24/2014
|
3 Bed
|
3 Bath
|
2011 ft²
|
$218,706
3 Bed
3 Bath
2011 ft²
|
$214,500
-1.92%
06/08/2015
|
Belinda Rowland
Tri Pointe Homes Inc
|
Building Info
About Durham
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Belinda Rowland, Clayton Properties Group INC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 1956430
Last Updated: 2 years ago
Data Source: TMLS, MLS# 1956430
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