$287,900
●
House -
Off Market
2007 Watson Road
Durham, NC 27704
3 Beds
2 Baths,
1
Half Bath
1,504 Ft²
$402,783
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
The game is afoot, but doesn't take a true detective to ferret out
that this house is a winner. There is nothing more deceptive than
an obvious fact, so let's break it down to discrete details: Snazzy
paint; fenced-in yard; detached garage; hardwood floors; open floor
plan; fire pit. Further investigation reveals a convenient location
to all things Durm. It may seem improbable, yet when you eliminate
the impossible, the inescapable truth remains - this house offers a
ton of value in an adorable package.
Unit Size
1,504 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$183
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
2016
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: 2 years ago (TMLS #2280662)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 14, 2025 | Listed by Real Broker, LLC | $450,000 | |
| Listed by Real Broker, LLC | |||
| | |||
|
Welcome to 2007 Watson Road, Durham, NC 27704.
Step into the charm and comfort of this stunning 3-bedroom, 2.5-bath home in vibrant Durham, NC! Nestled on half an acre, this property offers the perfect blend of modern convenience and country-inspired living.
Inside, you'll find a spacious open-concept design, where natural light floods the living, dining, and kitchen areas—perfect for entertaining or cozy nights in. The primary bedroom on the first floor provides ease and privacy, while the additional bedrooms upstairs offer flexibility for guests, home office space, or hobbies.
Outside, enjoy the fenced-in yard, ideal for pets, gardening, or simply relaxing under the Carolina sky. A large detached garage offers ample storage or workshop potential.
With convenient access to Durham's thriving downtown, top-rated schools, and scenic parks, this home is a rare gem. Come experience it for yourself!
| |||
| Oct 28, 2019 | Sold | ||
| Sold | |||
| Sep 26, 2019 | Listed by RED Collective | $275,000 | |
| Listed by RED Collective | |||
Show More
Property Highlights
Garage
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 Northeast Durham
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Alison J Domnas, RED Collective
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2280662
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2280662
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