$410,000
●
House -
Off Market
615 Pearl Knoll Circle
Durham, NC 27703
3 Beds
2 Baths,
1
Half Bath
2,297 Ft²
$415,194
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Wonderful Durham 2 story home with walk out basement and fenced
backyard. Granite and stainless steel appliances in open plan
kitchen. Upstairs features 3 bedrooms and also large loft area that
would make great sitting/play area or home office set up.
Downstairs walk out basement has been set up as home gym complete
with gym flooring and additional storage space. Just 4 miles to Old
Five Points/Downtown dining, shopping, nightlife and 9.5 miles to
Brier Creek.
Unit Size
2,297 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$179
Property Type
House
Property Taxes
$255
HOA Dues
$195
Year Built
2018
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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: 12 months ago (TMLS #2494346)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2023 | Sold | ||
| Sold | |||
| Feb 9, 2023 | Listed by Coldwell Banker HPW | $412,000 | |
| Listed by Coldwell Banker HPW | |||
| | |||
|
Wonderful Durham 2 story home with walk out basement and fenced backyard. Granite and stainless steel appliances in open plan kitchen. Upstairs features 3 bedrooms and also large loft area that would make great sitting/play area or home office set up. Downstairs walk out basement has been set up as home gym complete with gym flooring and additional storage space. Just 4 miles to Old Five Points/Downtown dining, shopping, nightlife and 9.5 miles to Brier Creek.
| |||
| Dec 29, 2022 | No longer available | - | |
| No longer available | |||
| Nov 18, 2022 | Listed by Coldwell Banker HPW | $420,000 | |
| Listed by Coldwell Banker HPW | |||
| Oct 9, 2020 | Sold | ||
| Sold | |||
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Property Highlights
Garage
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: Steven Walker, Coldwell Banker HPW
Last Updated: 12 months ago
Data Source: TMLS, MLS# 2494346
Last Updated: 12 months ago
Data Source: TMLS, MLS# 2494346
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