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Property profile & analytics
OFF-MARKET
Garden apartment buildings
1221 Hearthside St, Durham, NC 27707-4408
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-5609872
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1973
Total area
3,000 SF
Lot
0.34 ac (14,810 SF)
Zoning code
RS-M
APN
156608
UPID
US53-5609872
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sean Mcentee · 4 yrs held
Sean Mcentee
since 2021
Last sale
$264,000
7 recorded transactions
Zoning & alternative use
RS-M · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Durham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Durham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$2,187
Tax year 2024
Assessed value
$156,759
Assessed 2024
Previous assessed
$156,759
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$27,900
Assessed improvement
$128,859
Land market value
$27,900
Improvement market value
$128,859
Total market value
$156,759
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1973
Heating
FLOOR/WALL FURNACE
Cooling
YES
Stories
2
Rooms
16
Bathrooms
4
Total area
3,000 SF
Lot
0.34 ac (14,810 SF)
Zoning code
RS-M
APN
156608
UPID
US53-5609872
Jurisdiction
DURHAM
Zoning & alternative use
RS-M · Durham, NC
Zoning RS-M · permitted uses
RS-M · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Durham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Rooms
16
Bathrooms
4
Lot
0.34 ac
Current owner
From public records · entity-resolved
Sean Mcentee
Individual
Mailing address
332 WEBSTER ST, CARY, NC 27511-3544
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2021
—
Sean Mcentee
Mcentee Capital LLC
Quit Claim Deed
related
$240,000 · United Wholesale Mortgage
Jul 22, 2020
$264,000
Mcentee Capital LLC
Lorenzo Rdu LLC
Warranty Deed
—
Jan 15, 2019
—
Lorenzo Rdu LLC
Lorenzo Homes LLC
Quit Claim Deed
related
—
Jan 2, 2019
—
Lorenzo Homes LLC
—
Deed
related
$160,000 · Civic Financial Services LLC
Feb 2, 2018
$160,000
Lorenzo Homes LLC
Segal Properties LLC
Warranty Deed
$160,000 · Choice Rentals LLC
Jun 30, 2006
—
Segal Properties LLC
Segal,daniel M
Quit Claim Deed
—
Jun 2, 2006
$137,500
Daniel M Segal
Jacob M Emnett
Warranty Deed
$96,180 · Citimortgage INC
Apr 6, 2005
$122,500
Emnett,jacob M
Harris,mccoy L
Warranty Deed
$98,000 · Fremont Invs & Ln
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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