$320,000
●
House -
Off Market
2805 Friendship Road
Durham, NC 27705
4 Beds
2 Baths,
1
Half Bath
2,265 Ft²
$551,261
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model
About This Property
Classic Colony Park home with upgraded kitchen, gleaming hardwood
floors, masonry fireplace. HVAC and windows replaced in 2010.
1 car garage. Nestled in quiet cul de sac. Like new
home in established tree lined neighborhood with easy commute to
Duke.
Unit Size
2,265 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$141
Property Type
House
Property Taxes
-
HOA Dues
$21
Year Built
1971
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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 #2050603)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2025 | Sold | ||
| Sold | |||
| Jun 23, 2025 | In contract | - | |
| In contract | |||
| Jun 15, 2025 | Price Decreased |
$600,000
↓ $35K
(5.5%) | |
| Price Decreased | |||
| May 29, 2025 | Listed by Redfin Corporation | $635,000 | |
| Listed by Redfin Corporation | |||
| | |||
|
Nestled on a quiet cul-de-sac in the desirable Colony Park neighborhood, this beautifully maintained mid-century home offers timeless charm and modern updates. Gleaming site-finished hardwood floors flow throughout the spacious layout, which includes formal living and dining rooms ideal for entertaining. The inviting den features a stunning masonry fireplace, perfect for cozy evenings. The updated kitchen boasts upscale cabinetry, granite countertops, and stainless steel appliances—ready for the home chef. Four generously sized bedrooms provide ample space and flexibility for family, guests, or a home office. Enjoy year-round comfort in the bright and airy screened porch with skylights, overlooking the expansive, private backyard wit a small stream running through it. Unbeatable location just minutes from 15/501, Duke University, hospitals, shopping, and top-tier dining. All appliances convey! A rare opportunity in one of the area's most established neighborhoods—don't miss it!
| |||
| Apr 30, 2021 | Sold | ||
| Sold | |||
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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 North Garrett Road
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Listed by: Jane Lee, Lee 3 Team
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2050603
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2050603
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