613 Canal Street
About This Property
The private, fully fenced, flat backyard is perfect for entertaining. Sip your beverage of choice from the expansive front porch, or the private primary suite second floor balcony. This home is a quick jaunt to East End Park, and all that downtown Durham has to offer: blocks away from the amenities of the historic Golden Belt Campus, less than one mile from the eateries and retail of Durham Central Park, and convenient access to the Durham Freeway for a quick commute.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Price Decreased |
$555,000
↓ $20K
(3.5%) | |
| Price Decreased | |||
| Mar 27, 2025 | Listed by Nest Realty of the Triangle | $575,000 | |
| Listed by Nest Realty of the Triangle | |||
| May 2, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017