Townhouse / Rowhouse home in 706 Colfax St Durham, NC
This Townhouse home in Durham, NC offers 4 bedrooms and 2 bathrooms across 1,500 square feet. The Townhouse styling carries through the home's design.
| Price | $269,900 |
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| Beds | 4 |
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| Baths | 2 |
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| Sqft | 1500 |
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| Architectural style | Townhouse / Rowhouse (79% match) |
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| Address | 706 Colfax St Durham, NC 27701 |
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Why buy this home
- Confirmed Townhouse / Rowhouse architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced below comparable homes.
- At $270K, this home is 20% below the $338K median for 227 similar Townhouse / Rowhouse homes in Durham, NC.
- That works out to $180 per square foot, 10% below the $200 comparable rate.
- On the market 13 days.
| This home | $269,900 |
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| Townhouse / Rowhouse median in Durham, NC | $338,000 (227 homes) |
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| Price per sq ft | $180 vs. $200 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,763/month with 20% down at a 7.28% 30-year fixed rate. You would need about $75,557 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,477/mo |
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| Property tax (new-buyer reassessed rate) | $184/mo |
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| Homeowners insurance | $101/mo |
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| Total monthly | $1,763/mo |
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| Down payment (20%) | $53,980 |
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| Income needed | $75,557/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B+ (79 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B+ (79/100) |
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| Beats renting in | 46% of modeled paths |
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| Modeled 5-yr equity (median) | $173,684 |
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| Range (10th to 90th pct) | $113,589 to $244,196 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Durham, NC where local data is thin.
Local home values
Typical home values in Durham, NC have risen about 21% over the past 5 years (-2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto