$426,000
●
House -
Off Market
21 Cedar Hill Drive
Durham, NC 27713
3 Beds
2 Baths,
1
Half Bath
1,631 Ft²
$2,356
Est. Monthly
$35
HOA / Fees
5.12%
Cap Rate
About This Property
***$5,000 IN SELLER PAID CLOSING COSTS*** Adorable and updated in
Woodlake! This 3 bedroom sits on a quiet cul-de-sac with a fully
fenced backyard! Enjoy a bright and spacious layout with no carpet
on the main floor, a wood-burning fireplace, and great flow. The
kitchen features white cabinets, subway tile backsplash, granite
counters, and an oversized island with wine fridge and bar top
seating. Open to the dining room! Upstairs, the primary suite
includes a walk-in closet and an updated bath with granite dual
sinks and a tiled walk-in shower. Two more bedrooms and a second
full bath with granite and a tub/shower combo! Step outside to your
private deck and enjoy the mature trees and fenced yard. Just
around the corner, you'll find the Woodlake pool, playground, and
access to scenic neighborhood trails and lake. Stroll to Piney Wood
Park for pickleball, a dog park, or more outdoor fun. Convenient to
I-40, Southpoint, RTP, shopping, and dining-this one checks all the
boxes!
Unit Size
1,631 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$257
Property Type
House
Property Taxes
$263
HOA Dues
$35
Year Built
1989
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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: 2 years ago (TMLS #10098296)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2025 | Sold | ||
| Sold | |||
| Aug 26, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Price Decreased |
$419,000
↓ $6K
(1.4%) | |
| Price Decreased | |||
| Aug 5, 2025 | Price Decreased |
$424,999
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Jul 14, 2025 | Price Decreased |
$434,900
↓ $13K
(2.8%) | |
| Price Decreased | |||
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 Woodlake
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Listed by: Kathleen Carlton, Keller Williams Legacy
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10098296
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10098296
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