$445,000
●
House -
Off Market
713 Gaston Manor Drive
Durham, NC 27703
2 Beds
2 Baths
2,096 Ft²
$607,633
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Gorgeous Martin Ray model w/ water views in Carolina Arbors,
Raleigh's premier 55+ n'hood! Hardwoods thru-out, granite in
kitchen and baths, large kitchen island, butler's pantry, spacious
pantry. Private screen porch overlooking pond, steps from trails
leading to clubhouse. Extended garage w/ workshop, walk up attic
storage. Peaceful views from master, large bath w/ spacious WIC.
Enjoy resort style living w/ club, fitness, pools, events. Virtual
tour link: https://tours.robertharveyphoto.com/idx/289856
Unit Size
2,096 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$214
Property Type
House
Property Taxes
$398
HOA Dues
$201
Year Built
2013
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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 #2310647)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2020 | Sold | ||
| Sold | |||
| Mar 27, 2020 | Listed by EXP Realty LLC | $449,500 | |
| Listed by EXP Realty LLC | |||
| | |||
|
Gorgeous Martin Ray model w/ water views in Carolina Arbors, Raleigh's premier 55+ n'hood! Hardwoods thru-out, granite in kitchen and baths, large kitchen island, butler's pantry, spacious pantry. Private screen porch overlooking pond, steps from trails leading to clubhouse. Extended garage w/ workshop, walk up attic storage. Peaceful views from master, large bath w/ spacious WIC. Enjoy resort style living w/ club, fitness, pools, events. Virtual tour link: https://tours.robertharveyphoto.com/idx/289856
| |||
| Nov 29, 2019 | No longer available | - | |
| No longer available | |||
| Oct 7, 2019 | Listed by Keller Williams Preferred Realty | $469,000 | |
| Listed by Keller Williams Preferred Realty | |||
| Jun 29, 2017 | Sold | ||
| Sold | |||
Property Highlights
Garage
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Durham
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Listed by: Barbara Green, Keller Williams Preferred Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2310647
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2310647
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