$399,990
●
House -
In Contract
2003 Slading Trail
Durham, NC 27703
3 Beds
2 Baths,
1
Half Bath
1,924 Ft²
$2,082
Est. Monthly
$117
HOA / Fees
About This Property
Wesley Downs offers stylish townhomes and single-family homes with
exceptional amenities and easy commutes to Research Triangle Park!
This two-story home boasts a great layout with the main level
dedicated to shared living. An open layout flows from the entry to
the kitchen with island, Great Room and dining area, then out to
the back patio. On the second floor is a central loft surrounded by
all three bedrooms including the lavish owner's suite. Optional
upgrades available at select homesites. All photos, virtual
tours and colors are for representation only, not of actual home
for sale.
Unit Size
1,924 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$208
Property Type
House
Property Taxes
-
HOA Dues
$117
Year Built
-
Listed By
Derrick Spencer
Lennar Carolinas LLC
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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: 18 days ago (TMLS #10174057)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2026 | In contract | - | |
| In contract | |||
| Oct 8, 2026 | Price Decreased |
$399,990
↓ $8K
(2%) | |
| Price Decreased | |||
| Oct 3, 2026 | Price Decreased |
$407,990
↓ $13K
(3.1%) | |
| Price Decreased | |||
| Jun 14, 2026 | Listed by Lennar Carolinas LLC | $420,990 | |
| Listed by Lennar Carolinas LLC | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Garage, Garage Door Opener, Garage Faces Front
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Entrance Foyer, High Ceilings, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s), Bathtub Only, Bathtub/Shower Combination, Living/Dining Room Combination, Quartz Counters, Shower Only, Smooth Ceilings
Appliances: Convection Oven, Electric Water Heater, Microwave, Range, Self Cleaning Oven
Flooring Type: Carpet, Luxury Vinyl, Tile
Laundry Features: Electric Dryer Hookup, Upper Level
Rooms: 8
Has Fireplace
Fireplaces: 1
Exterior Details
Square Footage: 1924
Security Features: Smoke Detector(s)
Architectural Style: Traditional
Year Built: 2026
Builder Name: Lennar
Builder Model: Chadwick
Building Area Total: 1924
Levels: Two
Construction Materials: Stone, Vinyl Siding
Patio and Porch Features: Covered, Patio, Porch, Screened
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Square Feet: 4791.6
Water Source: Public
Utilities Details
Cooling Type: Central Air, Gas, Heat Pump, Zoned
Heating Type: Fireplace(s), Heat Pump, Natural Gas, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Storm Water Maintenance
HOA/Condo/Coop Amenities: Dog Park, Pool
HOA Fee: $117
HOA Fee Frequency: Monthly
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 Durham
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Derrick Spencer, Lennar Carolinas LLC
Last Updated: 18 days ago
Data Source: TMLS, MLS# 10174057
Last Updated: 18 days ago
Data Source: TMLS, MLS# 10174057
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
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