$835,000
●
House -
Off Market
821 Glendale Avenue
Durham, NC 27701
3 Beds
4 Baths,
1
Half Bath
2,042 Ft²
$860,453
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Have your cake and eat it too! This stunning home in Old North
Durham blends incredible craftsmanship with great design. This
brand new home features an incredible layout complete with gorgeous
hardwoods & millwork throughout, chefs kitchen & custom cabinetry.
ALL THREE bedrooms feature on-suite bathrooms, a rarity for custom
built homes in this market. Owners suite on the main level is
filled with light, spacious closet & lux bath. The back screened
porch includes louvered millwork for privacy, outdoor gas fireplace
& hookups for an outdoor entertainment system. A great space to
curl up in any season to watch your favorite movie. Tankless water
heater and sealed crawl space. Located on a quiet cul-de-sac and as
close to downtown as it gets! Fenced back yard & minutes walk to
MANY coffee shops, breweries, restaurants and parks!
Unit Size
2,042 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$409
Property Type
House
Property Taxes
$120
HOA Dues
-
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 #2479999)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 14, 2023 | Sold | ||
| Sold | |||
| Oct 19, 2022 | Listed by Nest Realty of the Triangle | $835,000 | |
| Listed by Nest Realty of the Triangle | |||
Property Highlights
Fireplace
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 Old North Durham
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Listed by: Jeff Goldman, Nest Realty of the Triangle
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2479999
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2479999
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