$241,972*
●
Condo -
Off Market
929 Morreene Road #B12
Durham, NC 27705
3 Beds
3 Baths
1,426 Ft²
$194,000 - $236,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Terrific condo near Duke's West Campus. 3 bedrooms each with own
private bathroom, walk-in closet and wired for high speed internet
& cable. Dining room could be used as a study. Kitchen has
breakfast bar, all appliances remain. Sunroom is terrific for
second study or reading room. First floor convenience! Currently
leased for $2000 per month. Seller is NC Realtor. Some photos are
of a similar unit.
The manager has listed the unit size as 1426 square feet.
The manager has listed the unit size as 1426 square feet.
Unit Size
1,426 Ft²
Days on Market
-
Land Size
-
Price per sqft
$151
Property Type
Condo
Property Taxes
-
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2023 | Sold | ||
| Sold | |||
| Jun 6, 2023 | Listed | $325,000 | |
| Listed | |||
| | |||
|
Terrific condo just 1 mile from Duke's West Campus. 3 bedrooms and each has its own full private bathroom and walk-in closet. Wired for high speed internet & cable – this location and layout is perfect for 3 Duke students! GREAT investment property or perfect for parents of Duke students needing rental starting in the summer of 2024! Let your student manage the condo for you with 2 friends and keep as an investment property after they graduate! Dining room could be used as a study. Kitchen has breakfast bar and all appliances remain. Beautiful Sunroom makes a terrific second study or reading room. First floor unit is super convenient! Already leased for $2100 per month from June18 to June 17 2024! Freshly painted. This unit has luxury vinyl tile flooring which is super resilient and comfortable under foot. HVAC new in 2020! Refrigerator new Feb 2023, washer and dryer 1 year old. Fire sprinkler system! All furniture in unit as pictured conveys at no value. Seller is NC Realtor.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 31, 2020 | In contract | - | |
| In contract | |||
| Mar 19, 2020 | Listed | $215,000 | |
| Listed | |||
Property Highlights
Fireplace
Air Conditioning
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
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017