$765,000
●
House -
Off Market
902 Vickers Avenue
Durham, NC 27701
4 Beds
2 Baths,
1
Half Bath
3,264 Ft²
$4,399
Est. Monthly
2.96%
Cap Rate
About This Property
Prominent three-story single-family home in Morehead Hill with
amazing rental history. Excellent location right by Duke,
downtown Durham, American Tobacco, Durham Bulls and more!
Consistently rented with annual increases- currently
$6395/month through 5/31/26. Tremendous investment property
or keep this historic home for future renovation and
owner-occupancy. Rare opportunity!
Unit Size
3,264 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$234
Property Type
House
Property Taxes
$642
HOA Dues
-
Year Built
1904
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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: 6 months ago (TMLS #10117976)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2026 | Sold | ||
| Sold | |||
| Aug 26, 2025 | Listed by Frasher Whaley Realty Group | $765,000 | |
| Listed by Frasher Whaley Realty Group | |||
| Aug 18, 2022 | No longer available | - | |
| No longer available | |||
| Aug 2, 2022 | Price Decreased |
$895,000
↓ $53K
(5.6%) | |
| Price Decreased | |||
| Jun 2, 2022 | Listed by Urban Durham Realty | $948,000 | |
| Listed by Urban Durham Realty | |||
| | |||
|
This rare, three-story, stately brick foursquare in Morehead Hill features exceptionally high ceilings, large rooms & gracious entries. Designed by Rose & Rose Architectures, details include longer than full-facade wrap around porch, a trabeated entrance surround and a modillion cornice. Original sleeping porch and west facing full porch and sun room. Third floor bonus room. Home is a participating structure in the National Registry & Local Historic District. A time capsule, as is, leased, new roof. The manager has listed the unit size as 3658 square feet.
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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Sold On
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HOA + Taxes
About Morehead Hill
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Listed by: John Whaley, Frasher Whaley Realty Group
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10117976
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10117976
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