$490,000
●
House -
Off Market
124 Currituck Lane
Durham, NC 27703
3 Beds
3 Baths
1,998 Ft²
$3,102
Est. Monthly
$244
HOA / Fees
3.50%
Cap Rate
About This Property
Welcome to this beautiful 3-bedroom, 3-bath, two-story home in the
highly sought-after 55+ Del Webb Carolina Arbors community!
Thoughtfully designed for both comfort and style, this home
features modern finishes with engineered hardwoods throughout the
main living areas. The open floor plan seamlessly connects the
family room, dining area, and sunroom, making it perfect for both
everyday living and entertaining. The kitchen has granite counter
tops, stainless steel appliances, a gas range, and a cozy eat-in
area-ideal for casual dining. On the main level, you'll find 2
bedrooms and 2 full baths. Upstairs, an additional bedroom, full
bath, and a versatile bonus room and storage perfect for guests,
hobbies, or even a home office. Enjoy the amenities with a
clubhouse, indoor/outdoor pool, fitness center, pickleball courts,
walking trails, and many clubs and activities. Conveniently
located near shopping, dining, and RDU airport.
Unit Size
1,998 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$250
Property Type
House
Property Taxes
$402
HOA Dues
$244
Year Built
2016
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Cap Rate Calculator
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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 #10078815)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jun 19, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Price Decreased |
$500,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Mar 19, 2025 | Price Decreased |
$515,000
↓ $15K
(2.8%) | |
| Price Decreased | |||
| Feb 27, 2025 | Listed by Keller Williams Legacy | $530,000 | |
| Listed by Keller Williams Legacy | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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HOA + Taxes
About Durham
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Listed by: Karen Tehrani, Keller Williams Legacy
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10078815
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10078815
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