$397,900
●
House -
Off Market
2816 Prospect Parkway
Durham, NC 27703
3 Beds
2 Baths,
1
Half Bath
1,680 Ft²
$2,584
Est. Monthly
$300
HOA / Fees
4.01%
Cap Rate
About This Property
Welcome home to this beautifully updated 3 bedroom, 2.5 bath
residence just outside of Brier Creek and minutes from RTP and all
major highways. From the moment you step inside, you'll notice the
thoughtful design touches throughout-fresh paint, gleaming hardwood
floors, and a light-filled, open layout that feels both stylish and
welcoming.
The bright white kitchen shines with modern finishes and flows seamlessly into the living area, where a cozy gas fireplace anchors the space.Upstairs you'll find a massive primary suite boasting two closets, along with two additional bedrooms and a large walk-in laundry room. The two-car garage provides added convenience.
Out back, enjoy a fenced yard perfect for entertaining, complete with a deck and pergola for year-round gatherings.
Set in an amenity-rich community, you'll love access to resort-style pools, pocket parks, and welcoming neighborhood vibes with homes at all price points. Hurry and snatch this one up before it's gone!
The bright white kitchen shines with modern finishes and flows seamlessly into the living area, where a cozy gas fireplace anchors the space.Upstairs you'll find a massive primary suite boasting two closets, along with two additional bedrooms and a large walk-in laundry room. The two-car garage provides added convenience.
Out back, enjoy a fenced yard perfect for entertaining, complete with a deck and pergola for year-round gatherings.
Set in an amenity-rich community, you'll love access to resort-style pools, pocket parks, and welcoming neighborhood vibes with homes at all price points. Hurry and snatch this one up before it's gone!
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$238
Property Type
House
Property Taxes
$320
HOA Dues
$300
Year Built
2006
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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 #10117698)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2025 | Sold | ||
| Sold | |||
| Aug 29, 2025 | In contract | - | |
| In contract | |||
| Aug 23, 2025 | Listed by Compass -- Raleigh | $399,900 | |
| Listed by Compass -- Raleigh | |||
| Aug 31, 2017 | Sold | ||
| Sold | |||
| Jun 21, 2017 | Listed by Compass -- Raleigh | $225,000 | |
| Listed by Compass -- Raleigh | |||
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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
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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
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Listed by: Emilee Carraway, Compass -- Raleigh
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10117698
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10117698
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