$317,000
●
House -
Off Market
4104 Ludgate Drive
Durham, NC 27713
3 Beds
2 Baths
1,241 Ft²
$343,212
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Everyone wants a red door on their house and here's your chance to
have one! Beautifully updated one story conveniently located near
I-40 & I-85, shopping, and eatery. This home features 3 full
bedrooms and 2 full bathrooms with pretty flat .18 acres with
fenced yard, gutters, mature landscaping, deck, and front porch.
Splendid kitchen finishes of tile backsplash, engineered hardwoods,
granite, & stainless steel appliances – include dishwasher &
microwave. You'll enjoy no HOA!
Unit Size
1,241 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$264
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
1996
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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 years ago (TMLS #2451414)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2025 | Sold | ||
| Sold | |||
| Mar 23, 2025 | In contract | - | |
| In contract | |||
| Mar 20, 2025 | Price Decreased |
$325,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Feb 28, 2025 | Price Decreased |
$335,000
↓ $3K
(0.7%) | |
| Price Decreased | |||
| Jan 23, 2025 | Listed by Keller Williams Elite Realty | $337,500 | |
| Listed by Keller Williams Elite Realty | |||
| | |||
|
Welcome to this beautifully updated 3bd/2ba Ranch in the heart of SW Durham 27713! Tucked away on a quiet neighborhood street, this charming home offers the perfect blend of comfort and modern style. Recent updates include luxury vinyl plank flooring, plush carpet, sleek fixtures/hardware, and a stunning kitchen featuring granite countertops, tile backsplash, and stainless steel appliances. Both bathrooms have been thoughtfully designed with designer vanities and brushed nickel accents for a touch of elegance. Enjoy outdoor living in the large, fenced-in backyard with a private deck, ideal for relaxing or entertaining, overlooking a serene wooded HOA buffer for added privacy. Located in a peaceful neighborhood with convenient access to all that Durham has to offer—don't miss out on this gem!
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About Durham
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Listed by: Jenni Culbertson, Mark Spain Real Estate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2451414
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2451414
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.
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