601 Mcnair Street
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2026 | Price Decreased |
$295,000
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Sep 15, 2026 | Listed by Inhabit Real Estate | $305,000 | |
| Listed by Inhabit Real Estate | |||
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Nov 24, 2023 | Listed by Coldwell Banker Advantage | $294,900 | |
| Listed by Coldwell Banker Advantage | |||
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You'll be taken away by this immaculate fully renovated Brick Ranch with 3 bed, 1.5 bath, located in the heart of Durham. Right off of NC55 in walking distance to schools, NCCU, tobacco trails, minutes away from I-885, Duke University & Hospital, RTP and the up & coming Downtown Durham! This property offer countless new upgrades including fully updated kitchen and stainless steel appliances, granite countertops, soft close cabinets, fully renovated bathrooms, new luxury vinyl and carpet flooring, new doors & frames, new hot water heater, fresh new driveway, new insulated windows throughout the entire home, and of course, fresh paint! Outside you will find the yard has been prepared with topsoil & seed for healthy grass in the spring. No HOA! Don't miss out on the amazing opportunity for this to be your home or your next investment property!
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| Sep 28, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017