42
Map
$499,900
↓ $15K (2.9%)
●
House -
For Sale
708 Flagstone Way
Durham, NC 27712
4 Beds
2 Baths,
1
Half Bath
2,579 Ft²
$2,785
Est. Monthly
About This Property
Welcome to this exceptional four-bedroom, two-and-a-half-bathroom
single residence nestled in Stephens Woods, Durham, NC. This
well-appointed home offers comfortable living spaces across
multiple levels. Beautiful hardwood floors throughout the
main floor which includes an eat-in kitchen overlooking den with
wood burning fireplace. The den opens onto a cozy
screened in porch, perfect for outdoor dining and enjoying your
morning coffee. Main floor living spaces also include a
separate formal dining room and living room. The second floor
features three bedrooms, including primary with en-suite bath.
Third floor bonus offers flexible large living space that can
be used as a music room, office, homeschool area, game room - many
possibilities. 4th bedroom is on this floor as well.
Private back yard features new deck and large fenced area
(see remarks). 2 car garage, attached by covered porch/
walkway. This move-in ready home has been well-maintained and
awaits a new owner!
Unit Size
2,579 Ft²
Days on Market
94 days
Land Size
0.45 acres
Price per sqft
$194
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1989
Listed By
Kim McKeel
Apple Realty
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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 months ago (TMLS #10182377)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$499,900
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Jul 24, 2026 | Listed by Apple Realty | $515,000 | |
| Listed by Apple Realty | |||
| Dec 17, 1998 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Concrete, Driveway, Garage, See Remarks
Garage Spaces: 2
Open Parking Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Eat-in Kitchen, Granite Counters, Pantry, Recessed Lighting, Stone Counters
Appliances: Dishwasher, Dryer, Electric Range, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Ice Maker, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer, Water Heater
Flooring Type: Carpet, Tile, Vinyl, Wood
Laundry Features: In Hall, Inside, Laundry Room, Upper Level
Rooms: 9
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Exterior Details
Square Footage: 2579
Security Features: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
Architectural Style: Colonial
Year Built: 1989
Building Area Total: 2579
Levels: Three Or More
Other Structures: Garage(s), Second Garage
Window Features: Skylight(s)
Construction Materials: Brick, HardiPlank Type, Masonite
Patio and Porch Features: Covered, Deck, Enclosed, Front Porch, Porch, Screened, Side Porch
Lot Features: Wooded
Lot Size Area: 0.45
Lot Size Units: Acres
Lot Size Acres: 0.45
Lot Size Square Feet: 19602
Water Source: Public
Financial Details
Tax Map Number: 25
Tax Assessed Value: $399,179
Tax Annual Amount: $3,957
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Forced Air, Natural Gas, Zoned
Sewer : Public Sewer
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 Stephens Lane
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kim McKeel, Apple Realty
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10182377
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10182377
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