$210,000
●
House -
Off Market
504 High Ridge Drive
Durham, NC 27707
3 Beds
2 Baths,
1
Half Bath
1,449 Ft²
$287,424
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Updated single family home in the heart of Southwest Durham.
Location, location! This House is close to everything one could
desire. Less than 10 miles from major universities Duke, UNC and
NCCU. Also minutes from Southpoint, Downtown Durham, DPAC, and less
than 10 miles from RDU Airport. Recently renovated kitchen and
bathrooms to include granite countertops, tile flooring, and
more. Brand new HVAC! HOA covers all exterior maintenance.
Appliances convey, don't miss out on this one!
Unit Size
1,449 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$141
Property Type
House
Property Taxes
$244
HOA Dues
$135
Year Built
1991
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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 #2316485)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 13, 2025 | Sold | ||
| Sold | |||
| May 10, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Listed by Hampton & Company Real Estate | $309,900 | |
| Listed by Hampton & Company Real Estate | |||
| | |||
|
This inviting 3-bedroom, 2.5-bath home offers a thoughtful layout designed for both everyday comfort and effortless entertaining. The main level includes a charming kitchen, defined dining space, spacious family room with a cozy wood-burning fireplace, and a conveniently located laundry area. Step outside to a large rear deck—perfect for relaxing or entertaining. Upstairs, the primary suite features its own private bath, while two additional bedrooms share a full hall bath. A covered front porch and proximity to shopping, dining, and major highways complete the appeal. Noteworthy: HOA covers exterior maintenance, including the roof!
| |||
| Jun 1, 2020 | Sold | ||
| Sold | |||
| Apr 29, 2020 | Listed by Fonville Morisey/The Gluckin Group | $205,000 | |
| Listed by Fonville Morisey/The Gluckin Group | |||
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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
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Status
Status
Type
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Baths
ft²
Price/ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About Hope Valley
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Arielle White, Fonville Morisey/The Gluckin Group
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2316485
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2316485
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