13018 Meadow Ridge Drive
About This Property
You truly get the best of both worlds-quick access to city life with nature as your everyday backdrop. Enjoy miles of hiking trails along the scenic Eno River, fishing holes, and picnic spots in one of Durham's premier natural parks. Explore multiple nearby preserves for kayaking, birdwatching, and enjoying the serene beauty of the region. Enjoy miles of hiking trails along the scenic Eno River, fishing holes, and picnic spots in one of Durham's premier natural parks. Less than 10 minutes to all major conveniences, including grocery stores, popular restaurants, and specialty shops. Under 20 minutes to downtown Durham and only 25 minutes to Duke University and Duke Health. Golf enthusiasts will enjoy the quick drive to major local golf courses and sought-after county clubs for easy tee times and dining. Also conveniently located near equestrian boarding facilities, making horse ownership or riding easy and accessible.
Finding a single story 3 Bed / 2 Bath with multiple flex spaces and ample natural light on nearly an acre at this price, with this level of access to Durham, Duke, and Hillsborough, is perfect for first-time buyers, downsizers, or anyone seeking a peaceful escape without sacrificing city perks.
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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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Jan 26, 2026 | In contract | - | |
| In contract | |||
| Dec 31, 2025 | Price Decreased |
$394,900
↓ $4K
(1%) | |
| Price Decreased | |||
| Nov 29, 2025 | Price Decreased |
$399,000
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Nov 16, 2025 | Price Decreased |
$424,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017