825 Waring Street
About This Property
The updated kitchen features granite countertops, tile backsplash, and a gas range, making it both functional and perfect for everyday living or entertaining. Durable LVP flooring enhances the main living areas. newer roof and HVAC. Original rounded edge cabinetry and MCM metal closet doors add classic charm. Step outside to enjoy a private backyard oasis that backs up to a tree line.
Located within minutes to downtown Durham and hwy 85.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Listed by Urban Durham Realty | $267,500 | |
| Listed by Urban Durham Realty | |||
| Sep 26, 2025 | Listed | $267,500 | |
| Listed | |||
| | |||
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This lovely 4 bedroom, 2 bath home is ready for it's next owner. Home includes beautiful LVP floors, stone countertops in kitchen with tile backsplash. Roof installed in 2019, and a newer HVAC system. Enjoy a private back yard ideal for relaxing or entertaining. Convenient location close to downtown Durham with easy access to Highway 85. Home is currently leased.
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| Aug 14, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017