610 N Driver Street
About This Property
With two spacious bedrooms and a fully renovated bathroom, this bungalow is designed for both function and style. The flexible layout allows for easy living, whether you're working from home or enjoying Durham's vibrant culture.
Outside, you'll find a fenced-in backyard, perfect for relaxing, gardening, or hosting outdoor gatherings. The location is unbeatablea€"an easy walk to Golden Belt and minutes from downtown Durham, where you'll enjoy a rich selection of restaurants, breweries, and entertainment. Don't miss your chance to own a piece of Durham's history with all the comforts of modern living!
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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 |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| May 9, 2025 | Listed by Nest Realty of the Triangle | $310,000 | |
| Listed by Nest Realty of the Triangle | |||
| Nov 17, 2020 | Sold | ||
| Sold | |||
| Jul 16, 2020 | Listed by Nest Realty of the Triangle | $253,000 | |
| Listed by Nest Realty of the Triangle | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017