$220,000
●
Townhouse -
Off Market
115 Windermere Drive #403
Durham, NC 27712
3 Beds
3 Baths,
1
Half Bath
1,728 Ft²
$249,173
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Conveniently located townhome is just minutes from both Eno River
Park and Downtown Durham. This gem comes equipped with a
first-floor primary bedroom, two second-story additional bedrooms,
two-and-half bathrooms, a loft, and a bonus room that would make a
tremendous work-from-home office. This home will not last long in
this low inventory seller's market, so schedule your showings
today.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$119
Property Type
Townhouse
Property Taxes
$172
HOA Dues
$75
Year Built
-
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Cap Rate Calculator
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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.
Last updated: 2 years ago (TMLS #2373376)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by Compass -- Chapel Hill - Durham | $295,000 | |
| Listed by Compass -- Chapel Hill - Durham | |||
| | |||
|
Welcome to this charming 3 bedroom, 2.5 bathroom townhome nestled in North Durham, ideally situated near Eno River State Park trails and just a short distance to downtown Durham. Step inside to discover a main floor boasting a spacious primary bedroom with en-suite bath and walk-in closet, alongside convenient main floor laundry. The living room opens seamlessly into the dining area, creating a perfect space for entertaining. Upstairs, two additional bedrooms await, complemented by two versatile living spaces, including an ideal office area. Enjoy the allure of new modern vinyl flooring throughout, while outside, the back decks up to trees for added privacy. With the bonus of new AC, this townhome presents a blend of convenience, comfort, and natural beauty in a coveted Durham location.
| |||
| Apr 26, 2021 | Sold | ||
| Sold | |||
| Mar 22, 2021 | Listed by Gerald Mack Realty | $204,900 | |
| Listed by Gerald Mack Realty | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Asphalt, Driveway
Interior Details
Bedrooms: 3
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Entrance Foyer, High Speed Internet, Kitchen/Dining Room Combination, Master Downstairs, Separate Shower, Smooth Ceilings, Soaking Tub, Storage, Tile Counters, Walk-In Closet(s)
Appliances: Dishwasher, Electric Range, Electric Water Heater, Gas Cooktop, Microwave, Refrigerator
Flooring Type: Carpet, Laminate, Vinyl
Laundry Features: Laundry Room, Main Level
Rooms: 7
Has Fireplace
Fireplaces: 1
Exterior Details
Square Footage: 1728
Architectural Style: Traditional
Year Built: 2002
Above Grade Finished Area: 1728Square Feet
Building Area Total: 1728
Levels: Two
Other Structures: Shed(s), Storage
Building Area Units: Square Feet
Construction Materials: Vinyl Siding
Patio and Porch Features: Deck
Lot Size Area: 1742.4
Lot Size Units: Square Feet
Lot Size Acres: 0.04
Lot Size Square Feet: 1742.4
Lot Size Dimensions: Survey Needed
Financial Details
Tax Annual Amount: $2,060
HOA/Condo/Coop Fee Includes: Maintenance Structure, Road Maintenance, Storm Water Maintenance
HOA Fee: $75
HOA Fee Frequency: Monthly
Utilities Details
Cooling Type: Central Air
Heating Type: Electric, Forced Air, Natural Gas
Utilities for Property: Cable Available
Community & neighborhood Details
Region: Durham
Subdivision: Windermere Ridge
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 |
|---|---|---|---|---|---|---|---|
|
10/15/2025
|
2 Bed
|
2 Bath
|
1302 ft²
|
$259,000
2 Bed
2 Bath
1302 ft²
|
$230,000
-11.20%
03/02/2026
|
Margaret Rubin
Nest Realty of the Triangle
| |
|
07/11/2024
|
3 Bed
|
3 Bath
|
1769 ft²
|
$295,000
3 Bed
3 Bath
1769 ft²
|
$295,000
10/17/2024
|
Everett Stevenson
Compass - Chapel Hill
| |
|
01/04/2024
|
3 Bed
|
2 Bath
|
1713 ft²
|
$285,000
3 Bed
2 Bath
1713 ft²
|
$285,000
03/06/2024
|
Victoria Headen
Keller Williams Realty
| |
|
05/05/2022
|
3 Bed
|
3 Bath
|
1716 ft²
|
$225,000
3 Bed
3 Bath
1716 ft²
|
$308,000
+36.89%
05/27/2022
|
Ryan Kennedy
Urban Durham Realty
| |
|
08/25/2021
| |
3 Bed
|
2 Bath
|
1732 ft²
|
$199,900
3 Bed
2 Bath
1732 ft²
|
$215,000
+7.55%
10/08/2021
|
Becky Belk
Keller Williams Realty United
|
|
05/27/2021
|
3 Bed
|
3 Bath
|
1588 ft²
|
$215,000
3 Bed
3 Bath
1588 ft²
|
$235,000
+9.30%
07/15/2021
|
Taraleigh Franco
Relevate Real Estate Inc.
| |
|
03/22/2021
|
3 Bed
|
3 Bath
|
1728 ft²
|
$204,900
3 Bed
3 Bath
1728 ft²
|
$220,000
+7.37%
04/26/2021
|
Gerald Mack
Gerald Mack Realty
| |
|
03/02/2021
|
2 Bed
|
3 Bath
|
1168 ft²
|
$174,999
2 Bed
3 Bath
1168 ft²
|
$176,000
+0.57%
04/15/2021
|
Adam Grossman
| |
|
09/30/2020
|
3 Bed
|
2 Bath
|
1560 ft²
|
$189,900
3 Bed
2 Bath
1560 ft²
|
$190,000
+0.05%
11/17/2020
|
Crystal J Alston
EXP Realty LLC
| |
|
09/23/2020
|
3 Bed
|
3 Bath
|
1515 ft²
|
$187,900
3 Bed
3 Bath
1515 ft²
|
$185,400
-1.33%
11/10/2020
|
Eddie Burton
Keller Williams Preferred Realty
| |
|
07/25/2018
|
2 Bed
|
3 Bath
|
1255 ft²
|
$170,000
2 Bed
3 Bath
1255 ft²
|
$165,000
-2.94%
09/27/2018
|
Robin Thomas
Weichert, Realtors-Mark Thomas
| |
|
06/26/2018
|
3 Bed
|
2 Bath
|
1601 ft²
|
$149,900
3 Bed
2 Bath
1601 ft²
|
$157,500
+5.07%
07/11/2018
|
Mary R Hunter
Urban Durham Realty
| |
|
06/04/2018
|
3 Bed
|
3 Bath
|
1620 ft²
|
$150,000
3 Bed
3 Bath
1620 ft²
|
$157,500
+5.00%
07/24/2018
|
Kimberly Williams
Right Time Realty
| |
|
10/15/2016
|
3 Bed
|
3 Bath
|
1734 ft²
|
$129,000
3 Bed
3 Bath
1734 ft²
|
$134,000
+3.88%
12/02/2016
|
Inna Shapiro
Keller Williams Realty United
| |
|
08/04/2016
|
3 Bed
|
2 Bath
|
1886 ft²
|
$125,000
3 Bed
2 Bath
1886 ft²
|
$122,500
-2.00%
08/25/2016
|
Tammi Juliano
TLC Realty Group, Inc.
| |
|
06/10/2016
|
3 Bed
|
3 Bath
|
1768 ft²
|
$124,900
3 Bed
3 Bath
1768 ft²
|
$126,000
+0.88%
08/02/2016
|
Al Lobo
REIT Place, llc
| |
|
01/19/2016
|
3 Bed
|
3 Bath
|
1768 ft²
|
$124,900
3 Bed
3 Bath
1768 ft²
|
$128,600
+2.96%
04/21/2017
|
Al Lobo
REIT Place, llc
| |
|
10/22/2015
|
3 Bed
|
3 Bath
|
1660 ft²
|
$133,500
3 Bed
3 Bath
1660 ft²
|
$131,000
-1.87%
02/03/2016
|
Amanda Masten
Urban Durham Realty
|
Building Info
About Durham
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Listed by: Gerald Mack, Gerald Mack Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2373376
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2373376
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