$305,000
●
House -
Off Market
401 Ashburn Lane
Durham, NC 27703
3 Beds
3 Baths,
1
Half Bath
2,438 Ft²
$425,227
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Nestled in the community of Ravenstone, this 4 bedroom two-story
home will wow you with an oversized family room, a bonus room, and
3 full bedrooms and generous closets. Enjoy nights outside in the
screened-in patio; great for entertaining. This home boasts built
in sound system, a two-car garage, separate bbq area, all on a
corner lot. Conveniently located near RTP, Brier Creek, I-40,
I-540, & Duke! It's truly MUST SEE!
Unit Size
2,438 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$130
Property Type
House
Property Taxes
$244
HOA Dues
$49
Year Built
2005
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 #2340310)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2020 | Sold | ||
| Sold | |||
| Sep 1, 2020 | Listed by The M Homes Group | $318,000 | |
| Listed by The M Homes Group | |||
| Mar 22, 2019 | No longer available | - | |
| No longer available | |||
| Mar 19, 2019 | Listed | $274,900 | |
| Listed | |||
| | |||
|
Beautiful home on corner lot in Ravenstone, move-in ready with open floor plan! Spacious living room flows into open family room, with gas, fireplace , kitchen with breakfast area and large pantry. Huge master suite with hardwood floors , vaulted ceiling , dual vanity and separate tub/shower with large walk -in closet. Nice-secondary bedrooms & 2nd floor bonus room. Gorgeous screened porch and patio . 2-car garages and convenient to RTP , Brier Creek, I-40, I-540, & Duke. This one won't last long. The manager has listed the unit size as 2599 square feet.
| |||
| Apr 28, 2016 | Sold | ||
| Sold | |||
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 Durham
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Monica Boswell, The M Homes Group
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2340310
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2340310
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