$550,000
●
House -
For Sale
603 Lee Street
Durham, NC 27701
3 Beds
2 Baths,
1
Half Bath
2,154 Ft²
$3,233
Est. Monthly
About This Property
Opportunity is knocking in Durham! This contemporary home opens
into a two-story great room with a statement chandelier. The sleek
chef's kitchen features gray shaker cabinetry, quartz countertops,
hex backsplash, pendant lighting, and an oversized island built for
casual meals or entertaining. The main-level suite includes a
soaking tub and walk-in shower. The second level features two
bedrooms, a full bathroom, and a loft area. The fenced backyard has
a wooden deck and a fire pit area with built-in seating. See offer
submission instructions in the agent only section.
Unit Size
2,154 Ft²
Days on Market
8 days
Land Size
0.23 acres
Price per sqft
$255
Property Type
House
Property Taxes
$532
HOA Dues
-
Year Built
2019
Listed By
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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: 8 days ago (TMLS #10199719)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2026 | Listed by 360 REALTY | $550,000 | |
| Listed by 360 REALTY | |||
| Oct 2, 2021 | No longer available | - | |
| No longer available | |||
| Jul 6, 2021 | Listed by Keller Williams Preferred Realty | $699,990 | |
| Listed by Keller Williams Preferred Realty | |||
| | |||
|
Welcome to The Bohemian- This is 1 out of 3 homes in a micro neighborhood located in a quite cul da sac.The attention to detail is superb some of the features are 2 tier living floating garden, floating stairs leading to 2nd Fl, Spiral Staircase leading to rooftop deck, back deck, back patio section with fire pit, Electric Tankless WH, Gas range, SS Appliance, Italian & Spain imported tile in bathrooms, nest thermostat on each floor , 2 HVAC systems, fence & more. Welcome to the new norm of The Bull City! The manager has listed the unit size as 2189 square feet.
| |||
| Jun 2, 2021 | No longer available | - | |
| No longer available | |||
| Mar 27, 2021 | Price Increased |
$699,990
↑ $12K
(1.7%) | |
| Price Increased | |||
Show More
Property Highlights
Parking Details
Has Open Parking
Parking Features: Concrete, Driveway, See Remarks
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Storage
Appliances: Built-In Gas Range, Dishwasher, Microwave
Flooring Type: Laminate, See Remarks
Rooms: 5
Exterior Details
Square Footage: 2154
Architectural Style: Contemporary
Year Built: 2019
Building Area Total: 2154
Levels: Two
Construction Materials: Cement Siding, See Remarks
Lot Size Area: 0.23
Lot Size Units: Acres
Lot Size Acres: 0.23
Lot Size Square Feet: 10019
Water Source: Public
Financial Details
Tax Map Number: 02
Tax Assessed Value: $601,255
Tax Annual Amount: $6,381
Utilities Details
Cooling Type: Electric
Heating Type: Electric, Natural Gas, See Remarks
Sewer : Public Sewer
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 Durham
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Listed by: Tracey G Shrouder, 360 REALTY
Last Updated: 8 days ago
Data Source: TMLS, MLS# 10199719
Last Updated: 8 days ago
Data Source: TMLS, MLS# 10199719
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