$259,900
●
Townhouse -
For Sale
2402 Stadium Drive #B
Durham, NC 27704
3 Beds
2 Baths,
1
Half Bath
1,381 Ft²
$1,573
Est. Monthly
$98
HOA / Fees
About This Property
Fantastic Opportunity for Homeowners and Investors Alike! Whether
you're looking for a place to call home or a great addition to your
investment portfolio, this 3-bedroom, 2.5-bath home offers the
perfect combination of comfort, convenience, and potential!
Featuring newer luxury vinyl plank flooring, updated carpet, crown
molding, and a cozy fireplace, the home offers a welcoming and
functional layout. Enjoy the spacious back patio, perfect for
relaxing or entertaining, plus convenient exterior storage. Ideally
located just minutes from Downtown Durham, Duke University,
shopping, dining, and entertainment. Move right in or take
advantage of the property's rental potential! An excellent
opportunity in a convenient Durham location!
Unit Size
1,381 Ft²
Days on Market
2 days
Land Size
0.04 acres
Price per sqft
$188
Property Type
Townhouse
Property Taxes
$199
HOA Dues
$98
Year Built
-
Listed By
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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 days ago (TMLS #10199874)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2026 | Listed by Berkshire Hathaway HomeService | $259,900 | |
| Listed by Berkshire Hathaway HomeService | |||
| Mar 28, 2022 | No longer available | - | |
| No longer available | |||
| Mar 25, 2022 | Listed by AMG Realty LLC | $199,999 | |
| Listed by AMG Realty LLC | |||
| | |||
|
Incredible Rental Property w/ Tenant ($1425/mth - could easily be raised at Conclusion of Lease) already in Place! Don't Miss this Opportunity to Own a 3 BR, 2.5 BA Home within Close Proximity to Downtown Durham! Decked Out w/ Laminate Hardwood Flooring, Fireplace, Crown Molding, Exterior Storage & Spacious Back Patio! Mins from Shopping, Restaurants/Entertainment! Make Immediate Cash Flow or Move-In Yourself at the end of Lease. Pics are from Previous Listing (by our photographer). Let's Do a Deal! The manager has listed the unit size as 1357 square feet.
| |||
| Aug 24, 2020 | No longer available | - | |
| No longer available | |||
| Aug 21, 2020 | Listed | $135,000 | |
| Listed | |||
| | |||
|
Adorable townhome nestled in a quiet neighborhood convenient to Downtown Durham. First floor has brand new flooring and paint, topped off with a wood burning fireplace. HVAC and appliances updated in 2018. Spacious back deck complete with privacy wall. Great opportunity for investors! The manager has listed the unit size as 1385 square feet.
| |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Open Parking
Open Parking Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Washer/Dryer Stacked
Flooring Type: Carpet, Vinyl
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 1381
Architectural Style: Traditional
Year Built: 1978
Building Area Total: 1381
Levels: Two
Construction Materials: Vinyl Siding
Patio and Porch Features: Deck
Lot Size Area: 0.04
Lot Size Units: Acres
Lot Size Acres: 0.04
Lot Size Square Feet: 1742
Water Source: Public
Financial Details
Tax Map Number: 02
Tax Assessed Value: $234,745
Tax Annual Amount: $2,386
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $98
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/25/2022
|
3 Bed
|
3 Bath
|
1357 ft²
|
$199,999
3 Bed
3 Bath
1357 ft²
|
-
-
|
Adam Grossman
AMG Realty LLC
| |
|
12/23/2021
|
3 Bed
|
3 Bath
|
1386 ft²
|
$200,000
3 Bed
3 Bath
1386 ft²
|
$205,000
+2.50%
02/09/2022
|
Lakisha Dzilah
EXP Realty LLC
| |
|
07/13/2021
|
2 Bed
|
3 Bath
|
1364 ft²
|
$184,900
2 Bed
3 Bath
1364 ft²
|
-
-
|
Derek Dickson
OFFERPAD BROKERAGE LLC
| |
|
06/24/2021
|
3 Bed
|
2 Bath
|
1392 ft²
|
$157,000
3 Bed
2 Bath
1392 ft²
|
$185,000
+17.83%
07/29/2021
|
Kim McKeel
Apple Realty
| |
|
08/21/2020
|
3 Bed
|
3 Bath
|
1385 ft²
|
$135,000
3 Bed
3 Bath
1385 ft²
|
-
-
|
-
|
Building Info
About Durham
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Listed by: Naama Shaked, Berkshire Hathaway HomeService
Last Updated: 2 days ago
Data Source: TMLS, MLS# 10199874
Last Updated: 2 days ago
Data Source: TMLS, MLS# 10199874
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