$305,000
●
House -
Off Market
602 Hugo Street
Durham, NC 27704
3 Beds
2 Baths
1,909 Ft²
$431,467
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Impeccable 1909 sqft ranch in Colonial Village with tons of
character | Brand New Trane HVAC | 0.4 acre corner lot, fully
landscaped with carport and wired shed | Two miles from downtown
and 1.2 miles from AT access | Walking distance to Northgate Park,
restaurants, Kings Grocery | Close to Duke and easy access to I-85
and Highway 70 | ALL structural work completed in 2018 with
Structural Engineer's stamp of approval | This home is truly move
in ready - schedule showing now and/or view the virtual tour!
Unit Size
1,909 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$165
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1950
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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 #2326603)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2020 | Sold | ||
| Sold | |||
| Jun 23, 2020 | Listed by Keller Williams Elite Realty | $315,000 | |
| Listed by Keller Williams Elite Realty | |||
| Sep 5, 2018 | No longer available | - | |
| No longer available | |||
| Aug 30, 2018 | Sold | ||
| Sold | |||
| Jul 15, 2018 | Listed | $279,000 | |
| Listed | |||
| | |||
|
Handsome on Hugo! Located in desirable Colonial Village, this 1950 charmer comes complete with gorgeous hardwoods, picture perfect covered front porch, spacious rooms, vintage bathrooms and so much more. Massive master with en suite and walk-in closet - wow! Eat-in kitchen with tremendous functionality - make it your own. Large corner lot with fenced in backyard and 1 car carport! Easy access to Downtown. Hop, skip & jump to Northgate Park and Museum of Like & Science. Don't miss out! The manager has listed the unit size as 1909 square feet.
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Property Highlights
Air Conditioning
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Colonial Village
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Listed by: Andrew Johnston, Keller Williams Elite Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2326603
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2326603
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