$320,000
●
Condo -
Off Market
929 Morreene Road #A14
Durham, NC 27705
3 Beds
3 Baths
1,424 Ft²
$2,154
Est. Monthly
$295
HOA / Fees
5.35%
Cap Rate
About This Property
CALLING ALL DUKE PARENTS! .8 MILE TO DUKE UNIVERSITY AND ON
THE BUS LINE! Rare opportunity for a 3 bedroom condo on the ground
floor. Each bedroom has a private bathroom and walk in
closet.
Fully furnished unit has fresh paint and new carpet.
RENTED UNTIL MID JULY 2025!
SHOWINGS ON SATURDAYS AND SUNDAYS ONLY FROM 10-5PM.
Prime location across the street from Morrene Road Park which as tennis and pickleball courts. Short walk to restaurants and shopping!
Fully furnished unit has fresh paint and new carpet.
RENTED UNTIL MID JULY 2025!
SHOWINGS ON SATURDAYS AND SUNDAYS ONLY FROM 10-5PM.
Prime location across the street from Morrene Road Park which as tennis and pickleball courts. Short walk to restaurants and shopping!
Unit Size
1,424 Ft²
Days on Market
-
Land Size
-
Price per sqft
$239
Property Type
Condo
Property Taxes
$189
HOA Dues
$295
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 #10043221)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | Listed by EXP Realty LLC | $340,000 | |
| Listed by EXP Realty LLC | |||
| | |||
|
CALLING ALL DUKE PARENTS! .8 MILE TO DUKE UNIVERSITY AND ON THE BUS LINE! Rare opportunity for a 3 bedroom condo on the ground floor. Each bedroom has a private bathroom and walk in closet.
Fully furnished unit has fresh paint and new carpet.
RENTED UNTIL MID JULY 2025!
SHOWINGS ON SATURDAYS AND SUNDAYS ONLY FROM 10-5PM.
Prime location across the street from Morrene Road Park which as tennis and pickleball courts. Short walk to restaurants and shopping!
| |||
| May 11, 2018 | Sold | ||
| Sold | |||
| Mar 10, 2018 | Listed by Berkshire Hathaway HomeService | $185,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| | |||
|
Investor Alert!! | Fully leased through 5/26/19 for $1675/month | Excellent Opportunity to Invest Close to Duke University (.8 miles/2mins.) with Immediate Cash Flow | Convenient, Easy to Rent Unit on the 1st Floor and only a few steps from the Bus Line | 3bed/3bath Floor Plan is Popular with the Duke Students | Low Maintenance Hardwood Laminate in the Main Living Areas | Some furniture can Convey | All Appliances Convey | Move Fast - Call for more info!!
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Open, Parking Lot
Open Parking Spaces: 3
Interior Details
Full Bathrooms: 3
Interior Features: Ceiling Fan(s), Chandelier, Double Vanity, Walk-In Closet(s), Bathtub/Shower Combination, Shower Only, Smooth Ceilings
Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Flooring Type: Carpet, Vinyl
Laundry Features: In Kitchen, Laundry Closet
Rooms: 7
Exterior Details
Has Property Attached
Square Footage: 1424
Square Footage Source: $0
Architectural Style: Transitional
Year Built: 2002
Building Area Total: 1424
Levels: One
Building Area Units: Square Feet
Construction Materials: Fiber Cement
Water Source: Public
Financial Details
Tax Annual Amount: $2,265
Utilities Details
Cooling Type: Central Air
Heating Type: Electric, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure
HOA/Condo/Coop Amenities: Maintenance Grounds, Maintenance Structure, Management, Parking
HOA Fee: $295
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/25/2025
|
3 Bed
|
3 Bath
|
1426 ft²
|
$330,000
3 Bed
3 Bath
1426 ft²
|
$303,334
-8.08%
10/20/2025
|
Bruce Clayton
Griffin Associates REALTORS
| |
|
06/25/2025
|
3 Bed
|
3 Bath
|
1426 ft²
|
$320,000
3 Bed
3 Bath
1426 ft²
|
$303,334
-5.21%
10/20/2025
|
Bruce Clayton
Griffin Associates REALTORS
| |
|
06/25/2025
|
3 Bed
|
3 Bath
|
1426 ft²
|
$325,000
3 Bed
3 Bath
1426 ft²
|
$303,334
-6.67%
10/20/2025
|
Bruce Clayton
Griffin Associates REALTORS
| |
|
06/03/2025
|
3 Bed
|
3 Bath
|
1428 ft²
|
$325,000
3 Bed
3 Bath
1428 ft²
|
$325,000
06/25/2025
|
Muffin Dixon
Hodge & Kittrell Sotheby's International Realty
| |
|
02/12/2025
|
3 Bed
|
3 Bath
|
1426 ft²
|
$325,000
3 Bed
3 Bath
1426 ft²
|
$320,000
-1.54%
04/02/2025
|
Bruce Clayton
Griffin Associates REALTORS
| |
|
01/02/2025
|
3 Bed
|
3 Bath
|
1426 ft²
|
$360,000
3 Bed
3 Bath
1426 ft²
|
$308,000
-14.44%
03/19/2025
|
Bruce Clayton
Griffin Associates REALTORS
| |
|
07/25/2024
|
3 Bed
|
3 Bath
|
1424 ft²
|
$340,000
3 Bed
3 Bath
1424 ft²
|
$320,000
-5.88%
08/15/2024
|
Linda Nuxoll
EXP Realty LLC
| |
|
06/06/2023
|
3 Bed
|
3 Bath
|
1448 ft²
|
$325,000
3 Bed
3 Bath
1448 ft²
|
$310,000
-4.62%
06/28/2023
|
Jose Serrano
RE/MAX United
| |
|
04/19/2022
|
3 Bed
|
3 Bath
|
1425 ft²
|
$330,000
3 Bed
3 Bath
1425 ft²
|
-
-
|
Jia Liu
Prestige Properties Group
| |
|
10/21/2021
|
3 Bed
|
3 Bath
|
1426 ft²
|
$265,000
3 Bed
3 Bath
1426 ft²
|
$280,000
+5.66%
11/30/2021
|
May Huang
RE/MAX United
| |
|
06/04/2021
|
3 Bed
|
3 Bath
|
1426 ft²
|
$267,024
3 Bed
3 Bath
1426 ft²
|
$267,024
07/15/2021
|
Yang Yuan
CHK Realty
| |
|
08/07/2020
|
3 Bed
|
3 Bath
|
1431 ft²
|
$228,000
3 Bed
3 Bath
1431 ft²
|
$222,000
-2.63%
09/18/2020
|
Jeff Goldman
501 Nest Realty
| |
|
06/09/2020
|
3 Bed
|
3 Bath
|
1450 ft²
|
$212,000
3 Bed
3 Bath
1450 ft²
|
$203,500
-4.01%
08/31/2020
|
Bruce Clayton
Griffin Associates REALTORS
| |
|
06/04/2020
|
3 Bed
|
3 Bath
|
1448 ft²
|
$238,000
3 Bed
3 Bath
1448 ft²
|
$232,000
-2.52%
07/24/2020
|
Jack Yen
Fathom Realty NC, LLC
| |
|
05/06/2020
|
3 Bed
|
3 Bath
|
1426 ft²
|
$238,000
3 Bed
3 Bath
1426 ft²
|
$225,000
-5.46%
07/29/2020
|
Susan Richter
Berkshire Hathaway HomeService
| |
|
04/02/2020
|
3 Bed
|
3 Bath
|
1426 ft²
|
$230,000
3 Bed
3 Bath
1426 ft²
|
$220,000
-4.35%
05/29/2020
|
Susan Richter
Berkshire Hathaway HomeService
| |
|
03/19/2020
|
3 Bed
|
3 Bath
|
1426 ft²
|
$215,000
3 Bed
3 Bath
1426 ft²
|
-
-
|
-
| |
|
02/06/2020
|
3 Bed
|
3 Bath
|
1450 ft²
|
$207,500
3 Bed
3 Bath
1450 ft²
|
$212,000
+2.17%
03/30/2020
|
Bruce Clayton
Griffin Associates REALTORS
| |
|
01/21/2020
|
3 Bed
|
3 Bath
|
1446 ft²
|
$232,000
3 Bed
3 Bath
1446 ft²
|
$225,000
-3.02%
04/15/2020
|
Bruce Clayton
Griffin Associates REALTORS
| |
|
10/24/2019
|
3 Bed
|
3 Bath
|
1426 ft²
|
$230,000
3 Bed
3 Bath
1426 ft²
|
$225,000
-2.17%
01/03/2020
|
Susan Richter
Berkshire Hathaway HomeService
| |
|
08/29/2019
|
3 Bed
|
3 Bath
|
1426 ft²
|
$215,000
3 Bed
3 Bath
1426 ft²
|
$221,000
+2.79%
10/04/2019
|
Susan Richter
Berkshire Hathaway HomeService
| |
|
01/05/2019
|
3 Bed
|
3 Bath
|
1425 ft²
|
$187,500
3 Bed
3 Bath
1425 ft²
|
$193,000
+2.93%
02/25/2019
|
Bruce Clayton
Griffin Associates REALTORS
| |
|
10/24/2018
|
3 Bed
|
3 Bath
|
1426 ft²
|
$190,000
3 Bed
3 Bath
1426 ft²
|
$191,000
+0.53%
11/20/2018
|
Johnathan Howard
Berkshire Hathaway HomeService
| |
|
03/10/2018
|
3 Bed
|
3 Bath
|
1372 ft²
|
$185,000
3 Bed
3 Bath
1372 ft²
|
$180,000
-2.70%
05/11/2018
|
Brooks Brittingham
Berkshire Hathaway HomeService
| |
|
10/01/2017
|
3 Bed
|
3 Bath
|
1426 ft²
|
$176,500
3 Bed
3 Bath
1426 ft²
|
$176,500
10/26/2017
|
Delynda Cook
DeLynda Realty LLC
| |
|
09/02/2017
|
3 Bed
|
3 Bath
|
1426 ft²
|
$174,900
3 Bed
3 Bath
1426 ft²
|
$173,000
-1.09%
09/26/2017
|
Delynda Cook
DeLynda Realty LLC
| |
|
07/16/2017
|
3 Bed
|
3 Bath
|
1426 ft²
|
$169,900
3 Bed
3 Bath
1426 ft²
|
$169,900
08/10/2017
|
Buck Dickerson
Dickerson Brady Realty, Inc.
| |
|
03/25/2017
|
3 Bed
|
3 Bath
|
1372 ft²
|
$167,000
3 Bed
3 Bath
1372 ft²
|
$160,000
-4.19%
05/03/2017
|
Kevin Davis
RE/MAX Preferred Properties
| |
|
10/31/2016
|
3 Bed
|
3 Bath
|
1372 ft²
|
$163,000
3 Bed
3 Bath
1372 ft²
|
$158,000
-3.07%
03/31/2017
|
Mike Tao
Dunlap Lilley Properties
| |
|
07/12/2016
|
3 Bed
|
3 Bath
|
1426 ft²
|
$169,000
3 Bed
3 Bath
1426 ft²
|
$154,000
-8.88%
10/07/2016
|
Hannah Chan
Cary-Raleigh Realty, Inc.
| |
|
03/11/2016
|
3 Bed
|
3 Bath
|
1400 ft²
|
$159,900
3 Bed
3 Bath
1400 ft²
|
$149,000
-6.82%
04/26/2016
|
Bruce Clayton
Griffin Associates REALTORS
| |
|
09/21/2015
|
3 Bed
|
3 Bath
|
1426 ft²
|
$150,000
3 Bed
3 Bath
1426 ft²
|
$147,000
-2.00%
11/09/2015
|
Susan Richter
Berkshire Hathaway HomeService
| |
|
08/16/2014
|
3 Bed
|
3 Bath
|
1426 ft²
|
$150,000
3 Bed
3 Bath
1426 ft²
|
$145,000
-3.33%
06/22/2015
|
Muffin Dixon
Hodge & Kittrell Sotheby's International Realty
| |
|
08/25/2013
|
3 Bed
|
3 Bath
|
1426 ft²
|
$185,000
3 Bed
3 Bath
1426 ft²
|
$150,000
-18.92%
12/28/2015
|
Paula Walls
Howard Perry & Walston Realty
| |
|
01/01/2013
|
3 Bed
|
3 Bath
|
1426 ft²
|
$144,900
3 Bed
3 Bath
1426 ft²
|
$136,000
-6.14%
01/20/2015
|
Paula Walls
Howard Perry & Walston Realty
|
Building Info
About Durham
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Listed by: Linda S Nuxoll, EXP Realty LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10043221
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10043221
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