$764,500
●
House -
Off Market
5409 Grandhaven Drive
Durham, NC 27713
5 Beds
4 Baths
3,812 Ft²
$4,421
Est. Monthly
$56
HOA / Fees
About This Property
Gorgeous in Grandale! This executive home features generous rooms,
high ceilings, and a lovely fenced backyard. The first floor has
hardwood floors, a large kitchen with island, and a wall of windows
in the family room that overlooks the backyard and HOA-maintained
natural area. The 1st floor bedroom & full bath are ready for your
visiting family or home office. Upstairs there is a spacious
primary suite with tray ceiling, dual vanities, and walk-in closet.
Three more bedrooms, 2 full baths and a bonus room complete the
second story. The landscaped backyard includes a deck, patio, and
play scape that conveys. This home has an irrigation system,
complete security system with cameras/sensors, newer roof (2020)
and newer dual HVAC systems (2020/2021). The low HOA fee includes a
pool, clubhouse, and playground. Seller is offering $7k in closing
costs!
Unit Size
3,812 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$201
Property Type
House
Property Taxes
$599
HOA Dues
$56
Year Built
2007
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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: 6 months ago (TMLS #10151101)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Mar 20, 2026 | Price Decreased |
$767,000
↓ $8K
(1%) | |
| Price Decreased | |||
| Mar 6, 2026 | Listed by Choice Residential Real Estate | $775,000 | |
| Listed by Choice Residential Real Estate | |||
| Jun 13, 2019 | Sold | ||
| Sold | |||
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Property Highlights
Garage
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
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: Ann Koonce, Choice Residential Real Estate
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10151101
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10151101
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