$535,000
●
House -
Off Market
1808 Pennypacker Lane
Durham, NC 27703
4 Beds
3 Baths,
1
Half Bath
2,792 Ft²
$3,476
Est. Monthly
$300
HOA / Fees
About This Property
This thoughtfully designed 4-bedroom, 3.5-bathroom home offers a
spacious and versatile layout, perfect for comfortable living and
entertaining. Enjoy the warmth of a two-sided gas fireplace shared
between the cozy sitting room and inviting living room. The first
level features two bedrooms, including a well-appointed primary
suite, while the second floor offers two additional bedrooms, two
full bathrooms, a large loft space ideal for a media room or home
office, and ample attic storage. Step outside to a screened-in back
porch overlooking a large, well-maintained yard perfect for
relaxing or entertaining. Located in a vibrant community with
fantastic amenities including a clubhouse, pool, tennis and
pickleball courts, and a playground.
Unit Size
2,792 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$201
Property Type
House
Property Taxes
$426
HOA Dues
$300
Year Built
2007
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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: 7 months ago (TMLS #10142234)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2026 | Sold | ||
| Sold | |||
| Feb 10, 2026 | In contract | - | |
| In contract | |||
| Jan 20, 2026 | Listed by Lisa Southern Real Estate | $560,000 | |
| Listed by Lisa Southern Real Estate | |||
| Jul 2, 2025 | Price Decreased |
$560,000
↓ $15K
(2.6%) | |
| Price Decreased | |||
| Jun 6, 2025 | Listed | $575,000 | |
| Listed | |||
| | |||
|
This thoughtfully designed 4-bedroom, 3.5-bathroom home offers a spacious and versatile layout, perfect for comfortable living and entertaining. Enjoy the warmth of a two-sided gas fireplace shared between the cozy sitting room and inviting living room. The first level features two bedrooms, including a well-appointed primary suite, while the second floor offers two additional bedrooms, two full bathrooms, a large loft space ideal for a media room or home office, and ample attic storage. Step outside to a screened-in back porch overlooking a large, well-maintained yard perfect for relaxing or entertaining. Located in a vibrant community with fantastic amenities including a clubhouse, pool, tennis and pickleball courts, and a playground.
| |||
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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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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Durham
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Listed by: Lisa Southern, Lisa Southern Real Estate
Last Updated: 7 months ago
Data Source: TMLS, MLS# 10142234
Last Updated: 7 months ago
Data Source: TMLS, MLS# 10142234
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