$275,000
●
House -
Off Market
420 Feldspar Way
Durham, NC 27703
2 Beds
2 Baths
963 Ft²
$1,575
Est. Monthly
$14
HOA / Fees
8.38%
Cap Rate
About This Property
Discover this beautifully updated ranch-style home nestled on a
spacious 0.21-acre lot in an established Durham neighborhood. Step
inside to an open-concept layout filled with modern upgrades,
including fresh paint, luxury vinyl plank flooring, and sleek
contemporary fixtures throughout. The updated eat-in kitchen
features granite countertops, modern cabinetry, ample
counter-space, and a perfectly placed breakfast bar that flows
effortlessly into the generous family room, complete with a cozy
gas log fireplace for relaxing evenings. Step outside to your
private back deck and enjoy serene views of a fenced backyard
(freshly seeded) that backs up to nearly 3 acres of pristine HOA
greenspace, no neighbors directly behind! Additional highlights
include an expansive laundry room (washer & dryer included) and an
oversized shed, perfect for extra storage or a workshop. Located
just minutes from Downtown Durham with quick access to the Durham
Freeway, I-40, RTP, and RDU Airport. 3D Virtual Tour & Video
Available - Don't miss this rare opportunity. Schedule your private
showing today!
Unit Size
963 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$296
Property Type
House
Property Taxes
$161
HOA Dues
$14
Year Built
2001
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Cap Rate Calculator
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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 #10088144)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Price Decreased |
$285,000
↓ $10K
(3.4%) | |
| Price Decreased | |||
| Apr 9, 2025 | Listed by Keller Williams Elite Realty | $295,000 | |
| Listed by Keller Williams Elite Realty | |||
| Dec 18, 2018 | Sold | ||
| Sold | |||
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Property Highlights
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 Greysons Green
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Robert Hunt, Keller Williams Elite Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10088144
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10088144
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