4303 Thetford Road
About This Property
Step onto the welcoming front porch and into a light-filled foyer with views straight through to the landscaped backyard. The main floor features a cozy sunroom perfect for movie nights, a breakfast nook that catches the morning light, and an expansive kitchen with a large island, custom walk-in pantry, and stylish lighting. You'll also find a formal dining room, family room, guest suite, and a formal living room with a gas fireplace and custom raised hearth.
Upstairs, the primary suite is a true retreat with a custom-designed walk-in closet and a spacious bathroom with soaking tub and double vanities. Three more generously sized bedrooms and an additional full bath round out the second level.
Out back, a custom patio with a built-in fire pit and pergola invites you to relax or entertain under the stars.
And then there's the bonus: a detached garage with a fully equipped 2-bedroom apartment-complete with full kitchen, bathroom, and washer/dryer. Whether you use it for guests, a nanny, an in-law suite, or rental income, the possibilities are wide open thanks to no restrictive HOA.
Located in the heart of South Durham, just minutes from Duke, UNC, and all the best the area has to offer-this home is truly the full package.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Oct 13, 2025 | In contract | - | |
| In contract | |||
| Sep 12, 2025 | Price Decreased |
$1,195,000
↓ $55K
(4.4%) | |
| Price Decreased | |||
| Sep 6, 2025 | Price Decreased |
$1,250,000
↓ $45K
(3.5%) | |
| Price Decreased | |||
| Aug 6, 2025 | Listed by Nest Realty of the Triangle | $1,295,000 | |
| Listed by Nest Realty of the Triangle | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017