615 Horton Road
About This Property
Welcome to 615 Horton Road, a well-maintained one-level home offering 3 bedrooms, 1.5 baths, and a wonderfully functional layout. Enjoy an open Kitchen/Dining area, a spacious Living Room, and hardwood floors under the carpet waiting to be revealed. Outdoor features include a covered patio, carport, and a handy outbuilding for extra storage. All appliances remain, making move-in easy. Sitting on almost a half-acre lot, this property provides room to spread out while staying close to everything North Durham has to offer
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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 |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Jan 1, 2026 | In contract | - | |
| In contract | |||
| Dec 10, 2025 | Listed by West & Woodall Real Estate - D | $315,000 | |
| Listed by West & Woodall Real Estate - D | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017