49
Map
$375,000
↓ $25K (6.2%)
●
House -
For Sale
4008 Ellisfield Drive
Durham, NC 27705
3 Beds
2 Baths,
1
Half Bath
1,918 Ft²
$2,245
Est. Monthly
About This Property
Primary bedroom on the main level, hardwood floors, and an attached
garage highlight this home, complemented by a functional layout and
inviting living spaces, plus a rear deck overlooking a private
fenced backyard--perfect for relaxing or entertaining--and the
added value of a newer roof for peace of mind; excellent location
with quick access to I-85, NC-147 (Durham Freeway), and US-15/501,
providing easy connectivity throughout the Triangle and just
minutes to Duke University, Duke Medical Center, UNC-Chapel Hill,
and Research Triangle Park (RTP), home to major employers like IBM,
Cisco, and leading biotech firms, while also being close to Eno
River State Park, Duke Forest, Falls Lake, and Jordan Lake for
outdoor recreation.
Unit Size
1,918 Ft²
Days on Market
177 days
Land Size
0.22 acres
Price per sqft
$195
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1996
Listed By
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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: 26 days ago (TMLS #10157624)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2026 | Price Decreased |
$375,000
↓ $25K
(6.2%) | |
| Price Decreased | |||
| Aug 26, 2026 | Price Decreased |
$399,900
↓ $37K
(8.5%) | |
| Price Decreased | |||
| Jun 4, 2026 | Price Decreased |
$437,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| May 8, 2026 | Relisted | $447,000 | |
| Relisted | |||
| Apr 13, 2026 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Garage, Garage Faces Front
Garage Spaces: 1
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, High Ceilings, Walk-In Closet(s)
Flooring Type: Carpet, Tile, Wood
Laundry Features: Laundry Room, Main Level
Rooms: 6
Has Fireplace
Fireplace Features: Family Room
Basement: Crawl Space
Exterior Details
Square Footage: 1918
Architectural Style: Cape Cod, Colonial
Year Built: 1996
Building Area Total: 1918.31
Levels: Two
Construction Materials: Vinyl Siding
Patio and Porch Features: Deck
Lot Features: Back Yard
Lot Size Area: 0.22
Lot Size Units: Acres
Lot Size Acres: 0.22
Lot Size Square Feet: 9583.2
Water Source: Public
Financial Details
Tax Assessed Value: $488,661
Tax Annual Amount: $4,834
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Heat Pump
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
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Type
Beds
Baths
ft²
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Sold On
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HOA + Taxes
About American Village
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Listed by: Naomi Richardson, Mark Spain Real Estate
Last Updated: 26 days ago
Data Source: TMLS, MLS# 10157624
Last Updated: 26 days ago
Data Source: TMLS, MLS# 10157624
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