26
Map
111 Lang Street
About This Property
The seamless flow of the interior transitions perfectly to the home's impressive outdoor features. Step outside to your own private oasis in the large fenced backyard, which provides a secure and expansive area for pets, gardening, or recreation. The oversized deck is a standout addition, creating an ideal setting for summer BBQs and alfresco dining while you enjoy the privacy and mature greenery of your nearly half-acre lot. This combination of single-story living and significant outdoor acreage is a rare find in such a high-demand area.
Location is everything, and this property is situated in a prime Durham corridor that offers unparalleled access to the best of the Triangle. Commuters will appreciate the easy access to I-40 and Hwy 70, making the drive to Research Triangle Park (RTP) or Downtown Durham remarkably efficient. The home is also perfectly positioned for frequent flyers and shoppers alike, located just minutes from RDU International Airport and the extensive dining and retail options at Brier Creek Commons. This property represents a unique opportunity to own a piece of the thriving Durham market with the space and privacy you've been searching for.
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Cap Rate Calculator
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 15, 2026 | Sold | ||
| Sold | |||
| May 4, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Listed by Howard Hanna Allen Tate Durham | $365,000 | |
| Listed by Howard Hanna Allen Tate Durham | |||
| May 31, 2019 | Sold | ||
| Sold | |||
| Apr 11, 2019 | Listed by Howard Hanna Allen Tate Durham | $200,000 | |
| Listed by Howard Hanna Allen Tate Durham | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017