$125,000
●
Land -
Off Market
7108 Kobold Lane
Durham, NC 27707
Studio
0 Bath
$198,689
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
Over 2 acres almost directly between Duke and UNC
Hospitals/Campuses with all the shopping and area recreations just
minutes from your future doorstep. Located in the Chapel Hill
School District with lower Orange Co taxes and a Durham address
make this an ideal location for your custom built dream home.
Former custom home plans, available to be viewed upon
request, will give you a great idea of what this lot is capable of.
Current 4 br perk as well, just bring your builder!
Unit Size
-
Days on Market
-
Land Size
2.17 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2019
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #2148239)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2020 | Sold | ||
| Sold | |||
| Aug 4, 2019 | Listed by Lee 3 Team | $815,000 | |
| Listed by Lee 3 Team | |||
| Jun 28, 2019 | Sold | ||
| Sold | |||
| Oct 20, 2017 | Sold | ||
| Sold | |||
| Aug 28, 2017 | Listed by Jordan Lee Real Estate | $125,000 | |
| Listed by Jordan Lee Real Estate | |||
| | |||
|
Over 2 acres almost directly between Duke and UNC Hospitals/Campuses with all the shopping and area recreations just minutes from your future doorstep. Located in the Chapel Hill School District with lower Orange Co taxes and a Durham address make this an ideal location for your custom built dream home. Former custom home plans, available to be viewed upon request, will give you a great idea of what this lot is capable of. Current 4 br perk as well, just bring your builder!
| |||
Property Highlights
Garage
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 Orange
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Erin Crispin, Lee 3 Team
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2148239
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2148239
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017