$500,000
●
House -
Off Market
619 Ashburn Lane
Durham, NC 27703
5 Beds
3 Baths
3,512 Ft²
$2,961
Est. Monthly
$141
HOA / Fees
4.58%
Cap Rate
About This Property
Step into your dream home in the coveted Ravenstone Community,
where light, space, and luxury meet! This 5-bedroom, 3-bath stunner
is designed for both comfort and style, featuring an oversized
chef's kitchen with sleek granite countertops, subway tile
backsplash, stainless steel appliances, and a generous island
perfect for gathering. The open-concept layout flows effortlessly
from the dining area into a warm, inviting living space adorned
with luxury vinyl flooring and 2'' blinds throughout. Need flexible
options? A full bedroom and bath on the main level offer just that.
Upstairs, an expansive loft delivers the ideal spot for movie
nights, game days, or simply unwinding. You'll also find three
additional bedrooms and the expansive primary suite. Step outside
to a fully fenced backyard with refreshed landscaping and plenty of
parking thanks to an extended driveway. And with a brand-new roof
installed in 2024, all that's left to do is move in and make it
yours!
Unit Size
3,512 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$142
Property Type
House
Property Taxes
$365
HOA Dues
$141
Year Built
2008
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Cap Rate Calculator
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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: 12 months ago (TMLS #10111338)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 25, 2025 | Sold | ||
| Sold | |||
| Oct 30, 2025 | In contract | - | |
| In contract | |||
| Oct 3, 2025 | Price Decreased |
$500,000
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Aug 30, 2025 | Price Decreased |
$520,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Jul 24, 2025 | Listed by Real Broker, LLC | $525,000 | |
| Listed by Real Broker, LLC | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
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 Shaw Hills
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Listed by: Courtney Aiken Andrews, Real Broker, LLC
Last Updated: 12 months ago
Data Source: TMLS, MLS# 10111338
Last Updated: 12 months ago
Data Source: TMLS, MLS# 10111338
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