$669,900
●
House -
Off Market
3312 Flat River Drive
Durham, NC 27703
6 Beds
4 Baths
3,951 Ft²
$4,036
Est. Monthly
$285
HOA / Fees
5.42%
Cap Rate
About This Property
This beautifully designed home offers a fresh take on a former
model floor plan, blending comfort and style with standout features
like a 3-car garage, 10-foot ceilings, hardwood floors, and a
main-level guest suite. The gourmet kitchen shines with double wall
ovens, a 5-burner cooktop, maple cabinetry, and a spacious
island.
Step outside to your own private retreat that backs up to trees as far as the eye can see! With a double deck and pergola, tranquil pond, and fire pit area backing to the woods, perfect for relaxing or entertaining.
Enjoy resort-style living with access to a pool, tennis courts, trails, dog park, playgrounds, and clubhouse with fitness center. All just minutes from RTP, RDU Airport, Brier Creek, Downtown Durham, DPAC, and more. Google Fiber is available for fast, reliable connectivity.
A special opportunity in a neighborhood known for its charm, convenience, and strong sense of community.
Step outside to your own private retreat that backs up to trees as far as the eye can see! With a double deck and pergola, tranquil pond, and fire pit area backing to the woods, perfect for relaxing or entertaining.
Enjoy resort-style living with access to a pool, tennis courts, trails, dog park, playgrounds, and clubhouse with fitness center. All just minutes from RTP, RDU Airport, Brier Creek, Downtown Durham, DPAC, and more. Google Fiber is available for fast, reliable connectivity.
A special opportunity in a neighborhood known for its charm, convenience, and strong sense of community.
Unit Size
3,951 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$170
Property Type
House
Property Taxes
$462
HOA Dues
$285
Year Built
2015
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #10103231)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2025 | Sold | ||
| Sold | |||
| Aug 8, 2025 | In contract | - | |
| In contract | |||
| Aug 3, 2025 | Price Decreased |
$669,900
↓ $30K
(4.3%) | |
| Price Decreased | |||
| Jul 24, 2025 | Price Decreased |
$699,900
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Jul 4, 2025 | Price Decreased |
$719,900
↓ $20K
(2.7%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Parking Available
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 Durham
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Johnathan D Howard, Berkshire Hathaway HomeService
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10103231
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10103231
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017