$499,900
●
House -
In Contract
450 Stallings Road
Durham, NC 27703
3 Beds
2 Baths,
1
Half Bath
2,267 Ft²
$2,967
Est. Monthly
About This Property
Nature lover's oasis on 2 acres in Durham near Falls Lake. This 3
bedroom, 2.5 bath home was custom-built in 2019. The main living
space has an open floor plan perfect entertaining or relaxing
nights in. Upstairs, brand new carpet connects the three bedrooms
and loft/flex space. The oversized owner's suite is a perfect
retreat with walk-in closet and en suite bath with garden tub and
separate shower. The walkout basement includes a finished area with
murphy bed that would make a fabulous office, game room, or guest
room. Between the over 400 square feet of unfinished space in the
basement and oversized 2 car garage this home has space to store
all of your tools or holiday decor! All of these great features
about 20 minutes to downtown Durham and RDU International Airport.
Unit Size
2,267 Ft²
Days on Market
-
Land Size
2.02 acres
Price per sqft
$221
Property Type
House
Property Taxes
$512
HOA Dues
-
Year Built
2019
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: 29 days ago (TMLS #10166171)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Price Decreased |
$499,900
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$525,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jun 17, 2026 | Price Decreased |
$535,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| May 29, 2026 | Price Decreased |
$544,500
↓ $6K
(1%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Garage, Gravel
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Bookcases, Chandelier, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Walk-In Closet(s), Kitchen/Dining Room Combination, Separate Shower, Smooth Ceilings
Appliances: Dishwasher, Dryer, Oven, Refrigerator, Stainless Steel Appliance(s), Washer
Flooring Type: Carpet, Vinyl
Laundry Features: Laundry Room
Rooms: 9
Basement: Finished, Interior Entry, Storage Space, Unfinished, Walk-Out Access, Heated
Exterior Details
Square Footage: 2267
Architectural Style: Transitional
Year Built: 2019
Building Area Total: 2267
Levels: Three Or More
Construction Materials: Vinyl Siding
Patio and Porch Features: Front Porch, Rear Porch
Lot Features: Private
Lot Size Area: 2.02
Lot Size Units: Acres
Lot Size Acres: 2.02
Lot Size Square Feet: 87991
Water Source: Well
Financial Details
Tax Map Number: 08
Tax Assessed Value: $538,664
Tax Annual Amount: $6,144
Utilities Details
Cooling Type: Central Air, Dual
Heating Type: Heat Pump
Sewer : Public Sewer
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
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Listed by: Ellen P Bell, Urban Durham Realty
Last Updated: 29 days ago
Data Source: TMLS, MLS# 10166171
Last Updated: 29 days ago
Data Source: TMLS, MLS# 10166171
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