$212,900
●
House -
Off Market
617 Bacon Street Street
Durham, NC 27703
2 Beds
1 Bath
798 Ft²
$7,884
Est. Monthly
-24.17%
Cap Rate
About This Property
Great investment opportunity. Such a cute Bungalow! This delightful
home invites you in with a bright and airy family room, featuring
ceiling fans and built-in shelves that enhance its charm. The
eat-in kitchen is equipped with stainless steel appliances and
flows effortlessly into the open living space, perfect for
entertaining or relaxing with loved ones. You'll find two cozy
bedrooms and a refreshed bathroom that exudes warmth and comfort.
The expansive pull-down attic provides ample storage, offering
endless possibilities. Step outside to a spacious backyard that
awaits your creative touch-ideal for gardening, play, or outdoor
gatherings. Conveniently located within walking distance to NCCU
and just minutes from downtown Durham, you'll enjoy easy access to
the DPAC, Durham Bulls Athletic Park, the Main Library, and a
diverse selection of dining and shopping options. Recent updates
include a new HVAC system installed in 2023 and a new hot water
heater added in 2024, ensuring modern comfort. Don't miss this
perfect blend of charm and convenience!
Unit Size
798 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$269
Property Type
House
Property Taxes
$6,829
HOA Dues
-
Year Built
1950
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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: 2 years ago (TMLS #10112503)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2025 | Sold | ||
| Sold | |||
| Aug 3, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Listed by Tammie Harris Real Estate Firm | $214,900 | |
| Listed by Tammie Harris Real Estate Firm | |||
| Mar 23, 2023 | Sold | ||
| Sold | |||
| Nov 23, 2022 | Listed by Urban Durham Realty | $199,350 | |
| Listed by Urban Durham Realty | |||
| | |||
|
Adorable bungalow on Bacon St. Step into an open living area with tons of natural light that flows into an eat-in kitchen. Two gracious bedrooms and light and airy bathroom. Large backyard with endless possibilities. Home is conveniently located within 5 minutes of downtown Durham, Golden Belt, NCCU, Bulls ballpark, Main library, DPAC and so much more.
| |||
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Property Highlights
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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Listed by: Tammie Harris, Tammie Harris Real Estate Firm
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10112503
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10112503
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