$455,000
●
House -
Off Market
2408 Winburn Avenue
Durham, NC 27704
3 Beds
2 Baths,
1
Half Bath
1,467 Ft²
$2,566
Est. Monthly
About This Property
Welcome to Winburn - a stunning, three bedroom, Gail Crabtree home
on two lots is a true oasis minutes from downtown Durham. The first
floor open concept living area is centered around a gas fireplace
and expansive kitchen island. The living space flows into the
serene screened porch that overlooks the pastoral adjoining lot.
Upstairs, three bedrooms allow for flexible arrangement of living
spaces with great natural light in every room. High end features
such as hardwood floors throughout both levels, quartz countertops,
and a tankless hot water heater give this property a truly
luxurious feel. This peaceful home is less than 10 minutes away
from Motorco, Carolina Theater, and the Durham Farmer's Market and
only 16 minutes to RDU International Airport.
Unit Size
1,467 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$314
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
2016
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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: 6 months ago (TMLS #10153904)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2026 | Sold | ||
| Sold | |||
| Apr 4, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Listed by Urban Durham Realty | $460,000 | |
| Listed by Urban Durham Realty | |||
| Jan 19, 2024 | Sold | ||
| Sold | |||
| Sep 8, 2023 | Listed by Urban Durham Realty | $450,000 | |
| Listed by Urban Durham Realty | |||
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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 Northeast Durham
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Listed by: Ellen P Bell, Urban Durham Realty
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10153904
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10153904
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