4
Map
$60,000
↓ $5K (7.7%)
●
Land -
For Sale
3605 Cub Creek
Durham, NC 27704
Studio
0 Bath
$361
Est. Monthly
About This Property
Price Improvement! Discover the possibilities with this cleared
residential lot, offering an excellent opportunity for an infill
home or investment in Durham. Offered at $60,000 and priced below
the current Durham County tax assessment. Zoned RU-5 and subject to
Durham infill development standards, this approximately 0.171-acre
lot features roughly 50 feet of road frontage with a recent survey
available. The property is not located in a flood zone and has no
known stream buffers per city information. Potential for an
Accessory Dwelling Unit (ADU), subject to city approval. Located
just minutes from Downtown Durham, I-85, shopping, dining, and
everyday amenities. City water and sewer are available through a
connection point approximately 200 feet away but are not currently
extended to the property. Associated connection and extension costs
are the buyer's responsibility. No perc test has been completed. An
excellent opportunity for builders, investors, or buyers ready to
bring their vision to life in Durham!
Unit Size
-
Days on Market
151 days
Land Size
0.17 acres
Price per sqft
-
Property Type
Land
Property Taxes
$65
HOA Dues
-
Year Built
-
Listed By
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: 15 days ago (TMLS #10170121)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2026 | Price Decreased |
$60,000
↓ $5K
(7.7%) | |
| Price Decreased | |||
| May 28, 2026 | Listed by Century 21 Triangle Group | $65,000 | |
| Listed by Century 21 Triangle Group | |||
| Aug 8, 2025 | Listed | $70,000 | |
| Listed | |||
| | |||
|
Discover the perfect canvas for your dream home at 3605 Cub Creek Road! This cleared, vacant lot is a rare find, ready for you to start building immediately. Situated in a serene and sought-after area of Durham, this property offers the ideal blend of peaceful living and convenient access to local amenities. Don't miss this incredible opportunity to create a custom home tailored to your exact specifications. Perk test needed. Contact us today for more information!
| |||
Property Highlights
Exterior Details
Other Structures: None
Lot Features: Cleared, Rectangular Lot
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Lot Size Square Feet: 7448.76
Lot Size Dimensions: 50x148x50x147
Water Source: None
Financial Details
Tax Map Number: 18-19
Tax Assessed Value: $72,500
Tax Annual Amount: $785
Utilities Details
Sewer : Unknown, None
Location Details
HOA/Condo/Coop Fee Includes: None
HOA/Condo/Coop Amenities: None
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 Northeast Durham
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Roxana Garcia Rodriguez, Century 21 Triangle Group
Last Updated: 15 days ago
Data Source: TMLS, MLS# 10170121
Last Updated: 15 days ago
Data Source: TMLS, MLS# 10170121
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