$600,000
●
House -
Off Market
2204 Meade Lane
Durham, NC 27707
4 Beds
2 Baths,
1
Half Bath
2,519 Ft²
$3,346
Est. Monthly
About This Property
Perfectly positioned just blocks from Rockwood Park, NuvoTaco,
Nana's, Beer Study and more, this inviting home pairs everyday
convenience with the charm of Parkside: a quiet cul-de-sac
community that feels tucked away while remaining minutes from
downtown Durham. Warm, site-finished hardwoods run throughout the
main level while the spacious living room features built-ins and a
fireplace for cozy evenings at home. French doors fill the space
with natural light and open to the back deck creating an effortless
extension for outdoor gatherings overlooking the low-maintenance,
wooded backyard. The generous owner's suite has its own fireplace,
built-ins, and separate sitting room. Upstairs bonus room provides
the flexibility of a fourth bedroom, home office, or additional
living space. This home offers the space, character, and setting to
make everyday living feel a little more special.
Unit Size
2,519 Ft²
Days on Market
41 days
Land Size
0.23 acres
Price per sqft
$238
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1988
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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: 26 days ago (TMLS #10187331)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2026 | Sold | ||
| Sold | |||
| Aug 23, 2026 | In contract | - | |
| In contract | |||
| Aug 19, 2026 | Listed by Nest Realty of the Triangle | $600,000 | |
| Listed by Nest Realty of the Triangle | |||
| Aug 8, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2022 | Listed by Nest Realty of the Triangle | $575,000 | |
| Listed by Nest Realty of the Triangle | |||
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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
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 Parkside
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Listed by: Julia Newbold, Nest Realty of the Triangle
Last Updated: 26 days ago
Data Source: TMLS, MLS# 10187331
Last Updated: 26 days ago
Data Source: TMLS, MLS# 10187331
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