$515,000
●
House -
Off Market
3801 Shoccoree Drive
Durham, NC 27705
2 Beds
2 Baths
1,938 Ft²
$2,746
Est. Monthly
3.35%
Cap Rate
About This Property
This house is a captivating piece of mid-century history. Built in
1963, this one story home graces an idyllic lot with frontage on
Lake Swannanoa. Every detail reflects thoughtful intentionality:
Terrazzo floors, rustic rough-cut beams, a sleek metal roof, and a
double chimney framing a contemporary fireplace-set behind a hearth
believed to have originated from the historic Washington Duke
home.
This spectacular two-bedroom home also boasts a sunroom that overlooks a charming outdoor patio, seamlessly blending indoor and outdoor living. The grounds feature a wired shed equipped with an EV charger and a garden shed, raised garden beds bursting with native plantings, and a cozy fire pit with breathtaking lake views. Adding to the home's unique character is an original carriage step stone, thoughtfully repurposed as a tranquil spot for meditation in the garden.
New HVAC with Trane 10 year transferable warranty. Minutes from the Indian Trail, Parks, and Duke University and Hospital. Welcome Home!
This spectacular two-bedroom home also boasts a sunroom that overlooks a charming outdoor patio, seamlessly blending indoor and outdoor living. The grounds feature a wired shed equipped with an EV charger and a garden shed, raised garden beds bursting with native plantings, and a cozy fire pit with breathtaking lake views. Adding to the home's unique character is an original carriage step stone, thoughtfully repurposed as a tranquil spot for meditation in the garden.
New HVAC with Trane 10 year transferable warranty. Minutes from the Indian Trail, Parks, and Duke University and Hospital. Welcome Home!
Unit Size
1,938 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$252
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1963
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 #10119911)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2025 | Sold | ||
| Sold | |||
| Sep 7, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Listed by Urban Durham Realty | $487,500 | |
| Listed by Urban Durham Realty | |||
| Dec 10, 2019 | Sold | ||
| Sold | |||
| Oct 10, 2019 | Listed by Urban Durham Realty | $375,000 | |
| Listed by Urban Durham Realty | |||
Show More
Property Highlights
Air Conditioning
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: Zuri Williams, Urban Durham Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10119911
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10119911
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