$172,900
●
House -
Off Market
2005 Cole Mill Road
Durham, NC 27712
3 Beds
2 Baths,
1
Half Bath
2,028 Ft²
$295,719
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model
About This Property
Price reduced more than 30K less than tax value, 1950s house solid
as a rock, minutes to Duke and golf courses. The house is fully
renovated, new roof, A/C, new floors, refinished original hardwood
floors, tiles, new stainless steel kitchen appliances, fresh
interior and exterior paint. The house has large fenced backyard
and curved driveway.
Unit Size
2,028 Ft²
Days on Market
-
Land Size
0.80 acres
Price per sqft
$84
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 12 months ago (TMLS #2030728)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2025 | Sold | ||
| Sold | |||
| Jul 22, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Price Decreased |
$350,000
↓ $45K
(11.4%) | |
| Price Decreased | |||
| Jun 18, 2025 | Price Decreased |
$395,000
↓ $30K
(7.1%) | |
| Price Decreased | |||
| Jun 5, 2025 | Listed by Next Stage Realty | $425,000 | |
| Listed by Next Stage Realty | |||
| | |||
|
Discover this spacious 4-bedroom, 2.5-bath ranch-style home, offering approximately 2,000 square feet of living space on nearly an acre of land. Located just 3 miles from Duke University and 4 miles from downtown Durham, this property combines convenience with tranquility.
The main level features a comfortable layout, while the finished basement apartment provides a flexible space—ideal for generating rental income, accommodating guests, or serving as a private office or studio.
Outdoor enthusiasts will appreciate the proximity to Eno River State Park, with its scenic trails and recreational opportunities just a short drive away. An outbuilding on the property adds extra storage or workspace options.
| |||
Show More
Property Highlights
Air Conditioning
Fireplace
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 Durham
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Hisham K Heda, Fathom Realty NC, LLC
Last Updated: 12 months ago
Data Source: TMLS, MLS# 2030728
Last Updated: 12 months ago
Data Source: TMLS, MLS# 2030728
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.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017