$405,000
●
House -
Off Market
2801 Sparger Road
Durham, NC 27705
3 Beds
2 Baths
1,751 Ft²
$2,290
Est. Monthly
About This Property
Price adjustment! Discover space and flexibility in a prime North
Durham location! This spacious split-foyer home on a corner lot in
desirable North Durham is Nearly 1,800 sq ft with 3 bedrooms and 2
full baths plus a flexible lower-level room ideal as an additional
bedroom, office, or bonus space. An open floorplan allows for
entertaining in a bright living room, attached dining area, and a
kitchen with granite countertops along with an island. Interior
improvements include new paint, and LVP flooring for durability and
style. The home includes a new driveway, sidewalk, and patio, along
with a carport for convenient parking. The corner lot provides lots
of added privacy and plenty of great outdoor usability as well as a
neighborhood trail to access the Eno River State Park! Such
an outstanding location close to Duke University, Duke Medical
Center, I-85, and 15-501, with shopping, parks, and amenities
nearby - including the new Millennium Gym just down the street. A
move-in ready home with versatility, value, and an ideal Durham
address. Virtual staging utilized in some photos.
Unit Size
1,751 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$237
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1964
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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 #10142071)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2026 | Sold | ||
| Sold | |||
| Mar 25, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Price Decreased |
$415,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Jan 31, 2026 | Price Decreased |
$424,900
↓ $15K
(3.3%) | |
| Price Decreased | |||
| Jan 18, 2026 | Listed by Dickerson Brady Realty, Inc. | $439,500 | |
| Listed by Dickerson Brady Realty, Inc. | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Durham
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Listed by: Alton Tyndall, Dickerson Brady Realty, Inc.
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10142071
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10142071
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