49
Map
$500,000
●
House -
Off Market
4002 Westfield Drive
Durham, NC 27705
4 Beds
4 Baths
3,130 Ft²
$3,104
Est. Monthly
About This Property
This newly renovated 4BR/4BA home offers approximately 3,400 sq ft
of versatile living space on a prominent corner lot in sought-after
American Village, competitively priced at $515K. The main level
features a desirable primary suite, complemented by new LVP
flooring, LED lighting, beautifully refinished bathrooms, and
thoughtful modern updates throughout, including sleek pocket doors.
A newly permitted in-law suite with private deck access and full
bath provides exceptional flexibility-ideal for guests,
multigenerational living, or income-producing Airbnb potential. The
home's distinctive floor plan offers multiple gathering spaces
filled with natural light, creating a seamless blend of comfort and
functionality. Outdoor living shines with an expansive 50-foot deck
overlooking a beautifully landscaped garden-perfect for
entertaining or relaxing. Conveniently located just minutes from
Duke University, Downtown Durham, and major commuter routes, this
home delivers space, versatility, and value in a prime location.
Unit Size
3,130 Ft²
Days on Market
139 days
Land Size
0.71 acres
Price per sqft
$165
Property Type
House
Property Taxes
$575
HOA Dues
-
Year Built
1983
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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 months ago (TMLS #10160006)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | Sold | ||
| Sold | |||
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Jul 14, 2026 | Price Decreased |
$515,000
↓ $35K
(6.4%) | |
| Price Decreased | |||
| Jun 25, 2026 | Price Decreased |
$550,000
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Jun 5, 2026 | Price Decreased |
$575,000
↓ $14K
(2.4%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
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 American Village
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Keegan Reynolds, Next Stage Realty
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10160006
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10160006
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