$399,999
●
House -
For Sale
321 Rippling Stream Road
Durham, NC 27704
4 Beds
2 Baths,
1
Half Bath
2,035 Ft²
$2,098
Est. Monthly
About This Property
Due to no fault of the seller property is back on the market.
Move-in ready with over 2,000 square feet on a 0.38-acre lot. This
4-bedroom, 3-bath home in established Old Farm has been updated top
to bottom. The kitchen has new cabinets and appliances, and baths
are updated with new vanities and fixtures. New LVP flooring runs
through the main living areas, the bedrooms have new carpet, and
there's fresh paint and new lighting throughout. The flexible
bedroom space works for guests, a home office, or a hobby room. The
large yard gives you room to garden, entertain, or add outdoor
living. You're minutes from West Point on the Eno and the Eno River
trails, with quick access to I-85, shopping, and Duke. Renovated
space this price point won't last. Schedule your showing today.
Unit Size
2,035 Ft²
Days on Market
13 days
Land Size
0.38 acres
Price per sqft
$197
Property Type
House
Property Taxes
$133
HOA Dues
-
Year Built
1971
Listed By
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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: 12 days ago (TMLS #10195253)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2026 | Relisted | $399,999 | |
| Relisted | |||
| Oct 16, 2026 | In contract | - | |
| In contract | |||
| Sep 27, 2026 | Listed by Stoic Properties LLC | $399,999 | |
| Listed by Stoic Properties LLC | |||
| Nov 21, 2025 | Listed | $225,000 | |
| Listed | |||
| | |||
|
Calling all investors or someone looking to create their cozy home. With over 2000 sq ft, 4 bedrooms and a nice lot come finish out this home and make it yours. Close to the Interstate, Malls, Duke, UNC, NCCU. Near Eno River and West Point. Great investment opportunity.
| |||
| Aug 20, 2007 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Parking Features: Parking Pad
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Beamed Ceilings, Ceiling Fan(s), Chandelier, Recessed Lighting, Stone Counters, Walk-In Closet(s), Dual Closets
Appliances: Built-In Electric Range, Built-In Range, Electric Range, Free-Standing Refrigerator, Range, Range Hood, Refrigerator
Flooring Type: Carpet, Luxury Vinyl, Wood
Laundry Features: Inside, Laundry Room, Washer Hookup
Rooms: 1
Has Fireplace
Fireplace Features: Glass Doors, Living Room, Masonry, Raised Hearth
Exterior Details
Square Footage: 2035
Security Features: Smoke Detector(s)
Architectural Style: Ranch
Year Built: 1971
Building Area Total: 2035
Levels: One
Other Structures: Outbuilding, Shed(s), Storage
Construction Materials: Aluminum Siding, Brick Veneer, Vinyl Siding
Patio and Porch Features: Covered, Front Porch, Porch
Lot Size Area: 0.38
Lot Size Units: Acres
Lot Size Acres: 0.38
Lot Size Square Feet: 16553
Water Source: Public
Financial Details
Tax Map Number: 06
Tax Assessed Value: $314,335
Tax Annual Amount: $1,597
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central, Fireplace(s)
Sewer : Public Sewer
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 Old Farm
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Listed by: Jennyfer Kassandra Garcia, Stoic Properties LLC
Last Updated: 12 days ago
Data Source: TMLS, MLS# 10195253
Last Updated: 12 days ago
Data Source: TMLS, MLS# 10195253
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