$422,500
●
House -
Off Market
2816 Cascadilla Street
Durham, NC 27704
3 Beds
2 Baths
1,200 Ft²
$2,133
Est. Monthly
5.33%
Cap Rate
About This Property
BEAUTIFUL light-filled new construction home that perfectly blends
modern comfort with stylish finishes, just minutes from the heart
of Durham. The open floor plan with soaring ceilings and abundant
natural light creates a warm, welcoming vibe from the moment you
walk in. Set on a 220'+ deep lot with no HOA, this property gives
you rare freedom and room to expand your outdoor dreams-garden,
patio, play space, or even that fire pit you've been dreaming of.
The first-floor primary suite is a spacious retreat with a sleek
double vanity and a beautifully tiled walk-in shower. Upstairs, two
generously sized bedrooms offer flexible space for guests, a home
office, or whatever life throws your way. Great sized walk-in attic
for additional storage! When you're not soaking up your own space,
enjoy the charm of the front porch or take a quick stroll to some
of Durham's most beloved local spots-Northgate Park, the Museum of
Life and Science, Redstart Foods, Perfect Lovers, Omie's Coffee,
and Alpaca. King's grocery is just around the corner for easy
everyday errands. This isn't just a house-it's your next chapter.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$356
Property Type
House
Property Taxes
$34
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #10083464)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2025 | Sold | ||
| Sold | |||
| Apr 25, 2025 | In contract | - | |
| In contract | |||
| Apr 18, 2025 | Price Decreased |
$427,500
↓ $3K
(0.6%) | |
| Price Decreased | |||
| Mar 20, 2025 | Listed by Nest Realty of the Triangle | $430,000 | |
| Listed by Nest Realty of the Triangle | |||
Property Highlights
Air Conditioning
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 Durham
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kenneth Martin Jackson, Nest Realty of the Triangle
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10083464
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10083464
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017