$485,000
●
House -
Off Market
606 Price Avenue
Durham, NC 27701
4 Beds
3 Baths,
1
Half Bath
1,590 Ft²
$2,474
Est. Monthly
5.96%
Cap Rate
About This Property
Welcome to your dream home in Historic Durham District! This
stunning, newly built 3-bedroom house has everything - including a
fully-equipped ADU. With its modern design, open floor plan, and
plenty of natural light, this home is perfect for those who love
entertaining. The spacious bedrooms offer the ideal retreat after a
long day. At the same time, the detached, fully functional living
or working space provides endless possibilities for hosting guests
or setting up a home office. This property is conveniently located
near local amenities, shopping centers, and major highways, making
it the perfect location for your new home. Take advantage of the
opportunity to own this beautiful home in a prime location. Make it
yours today!
Preferred Lender is available with Opportunity zone incentives.
Total Sqft: 1190 (Primary) & 400 (ADU)
Preferred Lender is available with Opportunity zone incentives.
Total Sqft: 1190 (Primary) & 400 (ADU)
Unit Size
1,590 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$314
Property Type
House
Property Taxes
$23
HOA Dues
-
Year Built
1920
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Cap Rate Calculator
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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 #10008409)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 7, 2024 | Sold | ||
| Sold | |||
| Jan 27, 2024 | Listed by Better Homes & Gardens Real Es | $499,000 | |
| Listed by Better Homes & Gardens Real Es | |||
| Jan 3, 2024 | No longer available | - | |
| No longer available | |||
| Dec 2, 2023 | Price Decreased |
$519,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Nov 8, 2023 | Price Decreased |
$529,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
Show More
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 Durham
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Currently no similar homes aroundNearby Rentals
Listed by: Ian Patrick Montague, Better Homes & Gardens Real Es
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10008409
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10008409
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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