$445,000
●
House -
Off Market
706 Bishopstone Drive
Durham, NC 27705
3 Beds
2 Baths,
1
Half Bath
1,642 Ft²
$444,999
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Come home to this move in ready Durham home in American Village.
Corner lot, fenced in yard, eat in kitchen with formal dining room.
Enjoy a semi-open floor plan as well as a separate living room area
with fireplace. Dinners on the outdoors will surly be enjoyable on
the oversized deck. Hook a hammock up on the trees and nap in
nature. Close to shopping, highways and Duke University.
Unit Size
1,642 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$268
Property Type
House
Property Taxes
$270
HOA Dues
-
Year Built
1994
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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 #2447006)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | Listed by Block & Associates Realty | $499,900 | |
| Listed by Block & Associates Realty | |||
| | |||
|
NEED A GREAT HOME UNDER $500,000...this is it! SHOWINGS START 5/24! NO HOA - NO HOA Dues!
Located in American Village/Lennox on a wooded corner lot, this 3 BR, 2 ½ bath, two-story home has been nicely updated in the past 24 months. NEW EXTERIOR PAINT 2023! NEW GUTTERS 2023! All 3 baths updated 2022...with new ceramic tile, new counter tops, and new faucets! NEW CARPET 2022! NEW REFRIGERATOR & RANGE 2022! NEW INTERIOR PAINT 2022! NEW LIGHT FIXTURES! NEW GARAGE OPENER for the 2-car Side Entry Garage!
You'll love relaxing on the nice rear deck! (all the decking has just been replaced!) The wooded backyard is more private than you would think! Also note the great workbench and cabinetry in garage!
Other features include a big Farm Sink in Kitchen, GRANITE COUNTER TOPS, Built-in Microwave, Tile Kitchen Floor, a separate Laundry Room, a coat closet, GAS LOGS in the Fireplace in the Family Room, gas fired circulating hot water/forced air heat! The Primary Bedroom has a Vaulted Ceiling, ceiling fan, and big walk-in closet! You literally can move right in!
| |||
| Jun 30, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by RE/MAX One Hundred | $439,900 | |
| Listed by RE/MAX One Hundred | |||
| Oct 30, 2018 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About American Village
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Listed by: Monica Boswell, RE/MAX One Hundred
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2447006
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2447006
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