$307,000
●
House -
Off Market
5121 Raintree Drive
Durham, NC 27712
4 Beds
3 Baths
2,518 Ft²
$450,741
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Privacy & NO HOA on over a 1/2-acre wooded lot in Haven Hill Subd.
of N. Durham. This exceptional split level home offers 4
BDRMS, 3 FULL baths, SS appliances, GRANITE counters, all
REFINISHED HARDWOOD FLS on main flr, hallway & bedrooms, updated
Bathrooms, freshly painted interior, chimney cleaned, power washed,
Septic cleaned, Well water w/city line available if wanted, Newer
Roof. Enjoy the tranquility from your 2 enclosed porches. Close to
Duke, Eno River, I-85. One yr. Home Warranty incl.
Unit Size
2,518 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$126
Property Type
House
Property Taxes
$194
HOA Dues
-
Year Built
1979
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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 #2303436)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jun 10, 2025 | Price Decreased |
$455,000
↓ $15K
(3.2%) | |
| Price Decreased | |||
| May 30, 2025 | Listed by Keller Williams Legacy | $470,000 | |
| Listed by Keller Williams Legacy | |||
| | |||
|
Welcome to 5121 Raintree Rd - Updated, Spacious & Full of Possibilities!!
Set on over half an acre in the peaceful Haven Hill neighborhood, this beautifully updated home offers flexibility and function in one of North Durham's most desirable locations. With three designated bedrooms and multiple additional rooms ideal for a home office, guest space, playroom, or bonus room, this home easily adapts to your needs.
Inside, you'll find new flooring throughout, modern light fixtures, an updated kitchen, and three full bathrooms—a rare feature in this area. The entire home has been freshly painted for a bright, welcoming feel. Plus, a sealed crawl space was added in 2022, providing peace of mind and energy efficiency.
Located just minutes from Eno River State Park, Duke University, Downtown Durham, and local shops and dining—this home delivers the best of North Durham living with space to grow and enjoy.
| |||
| Apr 9, 2020 | Sold | ||
| Sold | |||
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Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Durham
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Listed by: Theresa Lunt, Keller Williams Preferred Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2303436
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2303436
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