$457,500
●
House -
Off Market
1922 Pattersons Mill Road
Durham, NC 27703
5 Beds
4 Baths
3,720 Ft²
$657,662
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
This like new, 5 bedroom home boasts a premium wooded lot, w/
patio, a beautiful deck for grilling, screened-in porch, and a 50
foot easement behind it for additional privacy! The stone front
porch is perfect for enjoying the sunset! Open floor plan with
dining room, living room/great room, EIK, and office. Gourmet
kitchen w/ quartz counter top, 42" cabinets, subway tile
backsplash, S.S. Appliances, gas range + double oven! 2
refrigerators included, W/D, a Harry Potter-esque closet, and 3 Car
Garage!
Unit Size
3,720 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$124
Property Type
House
Property Taxes
$432
HOA Dues
$85
Year Built
2017
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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 #2300370)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2025 | Sold | ||
| Sold | |||
| Mar 13, 2025 | In contract | - | |
| In contract | |||
| Mar 6, 2025 | Listed by Keller Williams Legacy | $719,500 | |
| Listed by Keller Williams Legacy | |||
| | |||
|
Welcome to this beautiful 5-bedroom, 3-bath home with a 3-car garage on a spacious .28-acre lot in the desirable Brightleaf at the Park community. The open floor plan includes a formal dining room, living room, and family room. The kitchen features stainless steel appliances, a quartz island, and a gas range with a double oven.
A secondary bedroom and full bath are conveniently located on the main floor. Upstairs, you'll find the primary bedroom, additional bedrooms, great room and laundry room. Relax on the deck with a screened-in porch and enjoy the private lot that backs to a protected tree area.
The community offers a pool, clubhouse/gym, tennis and pickleball courts, a playground, walking trails, and a dog park. This home provides comfort, privacy, and a convenient location.
| |||
| Mar 17, 2020 | Sold | ||
| Sold | |||
| Feb 5, 2020 | Listed by Redfin Corporation | $459,900 | |
| Listed by Redfin Corporation | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Durham
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Listed by: Rafael M Rodriguez, Redfin Corporation
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2300370
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2300370
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