1018 Nassau Street, Durham, NC 27704

$475,000 Asking Price

3 beds
3 baths
1,760  sqft
Built in 2023

Introducing Groundly: The new way to buy a home by separating the land it sits on through a modern ground lease. This can reduce your up front costs by saving on your down payment and on your monthly mortgage payment. This $505k house is now $350k. Don't miss out on this gorgeous modern farm house with designer touches throughout the entire home. Open and flowy floor plan with site finished hardwood floors, quartz counter tops stunning finish details. Spacious floor plan without any wasted space, Anderson windows, and so much more make this home a must see! Minutes to Duke and downtown Durham AND on a cul-de-sac lot! New home built in 2023 - has not been lived in! Call listing agent for details. HOME IS LISTED FOR $465K WITH A $115K GROUND LEASE CREDIT -- $350K WOULD BE THE PURCHASE PRICE ON THE CONTRACT. Initial monthly ground lease payment is $588.


Features & Amenities

Interior

Flooring:
Hardwood, Tile
A/C:
true, Dual, Heat Pump, Zoned
Heating:
true, Electric, Natural Gas

Exterior

Style:
Contemporary, Craftsman, Farm House

Construction

Roofing:
Shingle
General:
Fiber Cement, HardiPlank Type, Two, Block

Location

HOA Amenities:
Unknown, 225.0, Quarterly
Originating MLS:
Triangle MLS
County:
Durham

Lot

Zoning:
231175

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
Triangle MLS

This listing courtesy of:
West & Woodall Real Estate - S, Sam Lynne Abel

About Durham, NC

Housing

Number of Units
136,283
Median Home Value
$266,404
Median Rent
$979

46.36% of housing units are renter occupied.

6.89% are vacant.

Commute

Car
62.99%
Public Transportation
2.57%
Walk to Work
1.62%
Work from Home
31.61%
Other
0.70%

The median travel time to work is 17 minutes.

People

Population
312,233
Median Age
36.80
Median Household Size
2.52

Education

High School
17.62%
Associate’s Degree
7.01%
Bachelor’s Degree
25.77%
Graduate Degree
23.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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