$500,000
●
House -
Off Market
309 Rondelay Drive
Durham, NC 27703
5 Beds
2 Baths,
1
Half Bath
3,530 Ft²
$3,181
Est. Monthly
$141
HOA / Fees
4.06%
Cap Rate
About This Property
Looking for the perfect family home? THIS IS IT!! So many nice
areas in this home to celebrate and enjoy family, yet offering over
3500 square feet of living area, you can find a nice little nook to
be ''home alone'' when needed. Immaculate home in the highly
desirable Ravenstone Subdivision awaits your arrival. This rare
5-bedroom + office home has many new upgrades. (See the list in the
documents section.) The updated kitchen has soft close cabinets,
stainless steel appliances and granite counter tops. Google,
T-Mobile and Frontier Fiber are all available in the area. The new
roof in 2020 will protect your investment for years to come!
Liberty Home Guard home warranty is in place and transferable to
the new owner, good for 14 months of coverage that started May 8,
2025. Refrigerator washer and dryer convey.
Unit Size
3,530 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$149
Property Type
House
Property Taxes
$462
HOA Dues
$141
Year Built
2007
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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: 9 months ago (TMLS #10123057)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 5, 2026 | Sold | ||
| Sold | |||
| Jan 9, 2026 | In contract | - | |
| In contract | |||
| Dec 26, 2025 | Price Decreased |
$524,900
↓ $15K
(2.8%) | |
| Price Decreased | |||
| Oct 30, 2025 | Price Decreased |
$539,900
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Sep 19, 2025 | Listed by Dickerson Brady Realty, Inc. | $549,900 | |
| Listed by Dickerson Brady Realty, Inc. | |||
Show More
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 Shaw Hills
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Buck Dickerson, Dickerson Brady Realty, Inc.
Last Updated: 9 months ago
Data Source: TMLS, MLS# 10123057
Last Updated: 9 months ago
Data Source: TMLS, MLS# 10123057
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