$326,500
●
House -
Off Market
807 Springdale Drive
Durham, NC 27707
3 Beds
1 Bath
1,302 Ft²
$1,724
Est. Monthly
7.47%
Cap Rate
About This Property
Welcome home to this charming 3 bedroom, 1 bathroom ranch-style
home centrally located in Durham! Situated on a spacious 1/3 of an
acre lot, this property is a must-see!
Step inside to discover refinished hardwood floors and an open concept living room and kitchen. Updates throughout the home include updated electrical panel/meter (2021), Trane gas furnace (2019), and tankless water heater (2021).
Enjoy an easy commute to all major area hospitals, universities, and highways. No HOA! The house is even equipped with Google Fiber.
With its prime location and desirable features, this home won't stay on the market for long!
Step inside to discover refinished hardwood floors and an open concept living room and kitchen. Updates throughout the home include updated electrical panel/meter (2021), Trane gas furnace (2019), and tankless water heater (2021).
Enjoy an easy commute to all major area hospitals, universities, and highways. No HOA! The house is even equipped with Google Fiber.
With its prime location and desirable features, this home won't stay on the market for long!
Unit Size
1,302 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$250
Property Type
House
Property Taxes
$128
HOA Dues
-
Year Built
1962
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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 #10020351)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2024 | Sold | ||
| Sold | |||
| Apr 2, 2024 | Listed by Marie Austin Realty Co. | $325,000 | |
| Listed by Marie Austin Realty Co. | |||
| | |||
|
Welcome home to this charming 3 bedroom, 1 bathroom ranch-style home centrally located in Durham! Situated on a spacious 1/3 of an acre lot, this property is a must-see!
Step inside to discover refinished hardwood floors and an open concept living room and kitchen. Updates throughout the home include updated electrical panel/meter (2021), Trane gas furnace (2019), and tankless water heater (2021).
Enjoy an easy commute to all major area hospitals, universities, and highways. No HOA! The house is even equipped with Google Fiber.
With its prime location and desirable features, this home won't stay on the market for long!
| |||
| Jul 30, 2017 | Listed | $129,900 | |
| Listed | |||
| | |||
|
Great find. 3 bedroom ranch w/hardwood floors. New roof. Eat in kitchen offers stainless steel refrigerator and gas range. Nice family room or den. Easy commute to Duke, UNC, and NCCU.The manager has listed the unit size as 1300 square feet.
| |||
| Jul 28, 2017 | Sold | ||
| Sold | |||
| May 26, 2017 | Listed by Berkshire Hathaway HomeService | $129,900 | |
| Listed by Berkshire Hathaway HomeService | |||
| | |||
|
Great find. 3 bedroom ranch w/hardwood floors. New roof. Eat in kitchen offers stainless steel refrigerator and gas range. Nice family room or den. Easy commute to Duke, UNC, and NCCU.
| |||
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Property Highlights
Air Conditioning
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Forestview Heights
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Listed by: Anna Selig Murphy, Marie Austin Realty Co.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10020351
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10020351
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