3609 Cub Creek Road
About This Property
Major updates have already been taken care of, including a newer roof, HVAC (approx. 5 years old), and a newly installed septic tank, providing added peace of mind and long-term value.
Situated on a 0.269-acre lot, the property offers both space and flexibility. As an added opportunity, the seller also owns the adjacent lot and may be willing to sell it with an acceptable offer, ideal for additional privacy, future expansion, or investment potential.
Conveniently located just minutes from Downtown Durham, NCCU, and major roadways like Hwy 55 and I-885, this home offers easy access to RTP, shopping, dining, and everyday essentials. Nearby parks and green spaces add to the appeal, while ongoing growth and development in the area continue to make this a strong location for both homeowners and investors alike.
Special Financing Available: Eligible buyers may qualify for up to $50,000 in down payment assistance. Contact Resource Financial at for more details.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Apr 21, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Price Decreased |
$275,000
↓ $3K
(1.1%) | |
| Price Decreased | |||
| Feb 6, 2026 | Listed by Century 21 Triangle Group | $278,000 | |
| Listed by Century 21 Triangle Group | |||
| Oct 7, 2025 | Price Decreased |
$333,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Northeast Durham
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,850 /mo
- 3 Beds
- 1 Bath
- 1,217 ft²
$2,290 /mo
- 2 Beds
- 2 Baths
- 1,380 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017