17
Map
$250,000
●
House -
For Sale
612 N Queen Street
Durham, NC 27701
3 Beds
1 Bath
1,376 Ft²
$1,445
Est. Monthly
About This Property
Amazing opportunity with this 1920 bungalow in the heart of the
vibrant Cleveland-Holloway neighborhood! Terrific potential
to update this home and an awesome location so close to downtown
Durham. With development and revitalization all around, this
is great investment opportunity or make this one your own!
Unit Size
1,376 Ft²
Days on Market
56 days
Land Size
0.11 acres
Price per sqft
$182
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1920
Listed By
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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 months ago (TMLS #10178568)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2026 | Relisted | $250,000 | |
| Relisted | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Aug 7, 2026 | Relisted | $260,000 | |
| Relisted | |||
| Jul 28, 2026 | In contract | - | |
| In contract | |||
| Jul 8, 2026 | Listed by Frasher Whaley Realty Group | $260,000 | |
| Listed by Frasher Whaley Realty Group | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: On Street
Interior Details
Full Bathrooms: 1
Appliances: Range Hood, Refrigerator
Flooring Type: Carpet, Laminate
Laundry Features: Electric Dryer Hookup, Washer Hookup
Rooms: 7
Exterior Details
Square Footage: 1376
Architectural Style: Bungalow
Year Built: 1920
Building Area Total: 1376
Levels: One
Construction Materials: Vinyl Siding
Patio and Porch Features: Front Porch
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Square Feet: 4792
Water Source: Public
Financial Details
Tax Assessed Value: $243,304
Tax Annual Amount: $2,604
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
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
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HOA + Taxes
About Downtown Durham
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Listed by: John Whaley, Frasher Whaley Realty Group
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10178568
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10178568
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