$595,000
●
House -
Off Market
1903 Redding Lane
Durham, NC 27712
5 Beds
3 Baths
2,808 Ft²
$3,370
Est. Monthly
$20
HOA / Fees
About This Property
Multiple offers received. Offer deadline is 6pm on 4/11. Welcome to
a home that effortlessly blends charm, space, and everyday
convenience-tucked just moments from the nature yet close to
everything Durham has to offer. Featuring 5 bedrooms, 3 full baths
including a first floor guest suite, updated kitchen with quartz
countertops and large center island- perfect for gatherings. The
primary suite features a custom walk-in closet with sitting room.
Large screened-in porch for evening dinners or morning coffee. Beat
the heat while relaxing in the pool with pool deck. Home includes
solar panels to keep your utility bill low. Beyond the home, a
community playground sits just steps away, and the nearby Eno River
invites you to explore one of Durham's most beloved natural
escapes. Plus, you're just a short drive to Duke University and
downtown amenities, making this location as convenient as it is
scenic.
Unit Size
2,808 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$208
Property Type
House
Property Taxes
$477
HOA Dues
$20
Year Built
2001
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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: 6 months ago (TMLS #10158998)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 11, 2026 | Sold | ||
| Sold | |||
| Apr 12, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2026 | Listed by Urban Durham Realty | $585,000 | |
| Listed by Urban Durham Realty | |||
| Dec 21, 2023 | Sold | ||
| Sold | |||
| Nov 30, 2023 | Listed by Urban Durham Realty | $539,900 | |
| Listed by Urban Durham Realty | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Grande Park
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Listed by: Zuri Hunter, Urban Durham Realty
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10158998
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10158998
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