$165,000
●
Townhouse -
Off Market
704 Constitution Drive #C
Durham, NC 27705
3 Beds
3 Baths
2,250 Ft²
$278,681
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model
About This Property
Offer accepted by seller. still waiting on Bank approval Just
Minutes to Duke. You can Walk or bike! Lots of space.
Fantastic wall of windows looks out into woods for calming and
serene views. Enjoy great outdoor living on private deck.
Large bedrooms. Spacious living room open to kitchen. Master
has wall brick wall for a rustic eclectic feel.
Unit Size
2,250 Ft²
Days on Market
-
Land Size
-
Price per sqft
$73
Property Type
Townhouse
Property Taxes
$168
HOA Dues
$263
Year Built
-
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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 #2051643)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2016 | Sold | ||
| Sold | |||
| Feb 26, 2016 | Listed by West & Woodall Real Estate - D | $165,000 | |
| Listed by West & Woodall Real Estate - D | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Assigned
Interior Details
Full Bathrooms: 3
Interior Features: Eat-in Kitchen, Entrance Foyer
Appliances: Gas Water Heater
Flooring Type: Carpet, Vinyl
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Crawl Space
Exterior Details
Square Footage: 2250
Architectural Style: Transitional
Year Built: 1974
Building Area Total: 2250
Levels: Multi/Split
Building Area Units: Square Feet
Construction Materials: Brick
Patio and Porch Features: Deck
Lot Features: Landscaped, Hardwood Trees
Lot Size Units: Square Feet
Lot Size Dimensions: 00
Water Source: Public
Financial Details
Tax Annual Amount: $2,015
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure
HOA/Condo/Coop Amenities: Pool, Tennis Court(s)
HOA Fee: $263
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/16/2024
|
3 Bed
|
2 Bath
|
1838 ft²
|
$399,000
3 Bed
2 Bath
1838 ft²
|
$449,300
+12.61%
06/17/2024
|
Kenneth Jackson
Nest Realty
| |
|
03/21/2024
|
3 Bed
|
2 Bath
|
1936 ft²
|
$450,000
3 Bed
2 Bath
1936 ft²
|
$470,000
+4.44%
04/29/2024
|
Howie Freiling
Fonville Morisey/Brier Creek S
| |
|
03/21/2024
| |
3 Bed
|
2 Bath
|
-
|
$450,000
3 Bed
2 Bath
|
-
-
|
Howard Freiling
Brier Creek
|
|
04/12/2022
|
3 Bed
|
3 Bath
|
1720 ft²
|
$350,000
3 Bed
3 Bath
1720 ft²
|
$435,000
+24.29%
05/05/2022
|
Sonya May
Keller Williams Realty Cary
| |
|
05/02/2019
|
4 Bed
|
3 Bath
|
2120 ft²
|
$245,000
4 Bed
3 Bath
2120 ft²
|
$255,000
+4.08%
06/06/2019
|
Andrea Kubachko
Urban Durham Realty
| |
|
08/28/2018
|
3 Bed
|
2 Bath
|
1719 ft²
|
$180,000
3 Bed
2 Bath
1719 ft²
|
$170,000
-5.56%
11/30/2018
|
Laura Bourbonnais
Redfin Corporation
| |
|
11/10/2016
|
3 Bed
|
3 Bath
|
1714 ft²
|
$189,900
3 Bed
3 Bath
1714 ft²
|
$187,000
-1.53%
01/23/2017
|
-
| |
|
03/17/2016
|
3 Bed
|
2 Bath
|
1932 ft²
|
$189,500
3 Bed
2 Bath
1932 ft²
|
$183,000
-3.43%
07/05/2016
|
Leslie Mansfield
Coldwell Banker Advantage
| |
|
02/26/2016
|
3 Bed
|
3 Bath
|
2250 ft²
|
$165,000
3 Bed
3 Bath
2250 ft²
|
$165,000
08/05/2016
|
Liz Schoeneberger
West and Woodall Real Estate
|
Building Info
About American Village
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Listed by: Liz Schoeneberger, West & Woodall Real Estate - D
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2051643
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2051643
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