311 Ebon Road
About This Property
Step outside to enjoy the outdoors on the oversized back deck, ideal for gatherings, grilling, or simply unwinding while overlooking your expansive yard. A carport and storage shed add everyday convenience, and the 1,200 sq ft unfinished basement offers endless possibilities...keep it as storage, or customize it into a workshop, gym, rec space, or future finished area.
Opportunities like this don't come often...peaceful space, privacy, and flexibility, all while being close to everything Durham has to offer. Only 5 minutes to RTP, 5 minutes to SouthPoint mall, and 15 minutes to Chapel Hill or city of Durham. Come see what makes this property so special!
Additional parcel address is 309 Ebon Rd.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Jan 28, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Relisted | $375,000 | |
| Relisted | |||
| Jan 13, 2026 | In contract | - | |
| In contract | |||
| Jan 2, 2026 | Listed by Keller Williams Elite Realty | $375,000 | |
| Listed by Keller Williams Elite Realty | |||
Property Highlights
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About Durham
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017