$527,990
●
House -
In Contract
3191 Delmar Drive
Durham, NC 27703
5 Beds
4 Baths
2,881 Ft²
$2,701
Est. Monthly
$108
HOA / Fees
About This Property
This beautifully designed two-story home offers a thoughtful blend
of comfort, style, and functionality. The open-concept main level
seamlessly connects the kitchen, dining area, and Great Room, with
the Great Room providing direct access to the screened porch and
patio-ideal for relaxing or entertaining. A private guest suite is
conveniently tucked away, offering a comfortable space for
overnight guests. Upstairs, a spacious loft provides additional
living space and is surrounded by three secondary bedrooms and a
generously sized owner's suite. All photos, virtual tours, colors,
and finishes are for illustrative purposes only and may not
represent the actual home or available selections.
Unit Size
2,881 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$183
Property Type
House
Property Taxes
-
HOA Dues
$108
Year Built
-
Listed By
Derrick Spencer
Lennar Carolinas LLC
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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: 27 days ago (TMLS #10195293)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2026 | In contract | - | |
| In contract | |||
| Sep 28, 2026 | Listed by Lennar Carolinas LLC | $527,990 | |
| Listed by Lennar Carolinas LLC | |||
Property Highlights
Garage
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 4
Interior Features: Crown Molding, Double Vanity, Open Floorplan, Pantry, Recessed Lighting, Smart Thermostat, Walk-In Closet(s), Quartz Counters, Walk-In Shower
Appliances: Built-In Gas Range, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Tankless Water Heater, Washer
Flooring Type: Carpet, Luxury Vinyl, Tile
Rooms: 9
Exterior Details
Square Footage: 2881
Architectural Style: Traditional
Year Built: 2026
Builder Name: Lennar
Builder Model: Nelson
Building Area Total: 2881
Levels: Two
Construction Materials: Stone Veneer, Vinyl Siding
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Square Feet: 4791.6
Water Source: Public
Utilities Details
Cooling Type: Dual
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Internet
HOA/Condo/Coop Amenities: Cabana, Dog Park, Park, Playground, Pool
HOA Fee: $108
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Durham
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Listed by: Derrick Spencer, Lennar Carolinas LLC
Last Updated: 27 days ago
Data Source: TMLS, MLS# 10195293
Last Updated: 27 days ago
Data Source: TMLS, MLS# 10195293
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