4619 Paces Ferry Drive
About This Property
beautifully maintained four-bedroom, three-bath home. Ideally located just four houses from the
neighborhood pool and playground, this home offers a functional and inviting layout perfect for
everyday living and entertaining. The main level features an open-concept floor plan with
updated luxury vinyl plank flooring and a guest bedroom with a full bath-ideal for visitors or
multi-generational living. The kitchen is outfitted with granite countertops, stainless steel
appliances, and plenty of cabinet space, while a separate formal dining room adds an elegant
touch for special occasions.
Upstairs, you'll find brand new carpet (installed in 2022), three additional bedrooms, and a
spacious loft that can be used as a playroom, media room, or second living area. The primary
suite is a true retreat with a large walk-in closet, an additional storage closet, and a spa-like
bathroom featuring a separate soaking tub and walk-in shower. Custom up/down window
shades have been installed throughout the home, offering both style and privacy. The cozy
family room includes a gas log fireplace, perfect for cool evenings, and the outdoor living space
features a covered deck and patio overlooking a wooded, fenced backyard.
Additional highlights include a garage pre-wired for an EV charger, a new roof (2019), and dual
HVAC systems with units installed in 2019 and 2023. Conveniently located near downtown
Durham, Duke University, Eno River State Park, and I-85, this home also benefits from a brand
new Publix grocery store opening less than a mile away on Guess Road. This is a wonderful
opportunity to own a well-appointed home in a prime location-don't miss it!
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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 |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Listed by Allen Tate / Durham | $520,000 | |
| Listed by Allen Tate / Durham | |||
| Apr 14, 2022 | Sold | ||
| Sold | |||
| Mar 4, 2022 | Listed by Allen Tate / Durham | $469,900 | |
| Listed by Allen Tate / Durham | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017