Griffin Place

Starting From

The Mid $300s

Estimated Monthly Payment

$2,655

Own a home at Griffin Place
from $2,655 per month based on an interest rate of 6.25% and APR of 6.982%!

Principal & Interest

$2,086

Property Tax

$350

Hazard Insurance

$64

Mortgage Insurance

$155

Total estimated monthly payment

$2,655

Financing example based on a 5/1 FHA ARM mortgage with caps of [1/1/5], an index based on the 30-Day Average of the SOFR index as published by the Federal Reserve Bank of New York, a margin of 3%, an interest rate of 6.25% which comes at a cost of 1% of the loan amount, a 3.5% down payment and an APR of 6.982%. Based on a sales price of $349,990, a loan amount of $338,725 and principal and interest payment of $2,086. Real estate taxes are estimated at $350 per month, mortgage insurance is estimated at $155 a month and hazard insurance is estimated at $64 per month, for a total monthly payment of $2,655. Interest rate is based on a 60 day rate lock. Rates and APR on loan programs may vary based on credit criteria, final amount of down payment and are subject to current market pricing. Certain restrictions may apply. Prices, offers and financing are subject to change without notice. Financing is available through NVR Mortgage Finance, Inc. NMLS#1127.

Smart, spacious and affordable living in Durham, NC. Close to RTP and Falls Lake.

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Opening

February 2026

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2308 E Geer Street
Durham, NC 27704

New Homes in Durham, NC

Affordable new homes in Durham near RTP and Duke with all appliances included in a convenient location. Homeownership within reach. From mid $300s.

Single-Family Homes Opening February 2026 Durham County School District

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The Community

Near RTP and Duke Exclusive Floor Plans All Appliances Included Flexible Financing Option

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Welcome to Griffin Place, where you can own a new 2-story single family home less than 15 minutes from downtown Durham. The smart buy for spacious, affordable living close to RTP, Duke, and Falls Lake. Our 2-story single family homes feature 3 floor plans, ranging from 3-5 bedrooms 2.5-3 baths, and over 2,200 square feet. All appliances are included with every home, saving thousands in upfront costs.

Homes built to last at a price you expect is what we do best. Let us show you how easy the process can be to purchase a new home with Ryan Homes. Plus, once construction begins, you’ll love receiving real-time photos on the progress of your new home. Staying in the loop is easy and fun at Griffin Place.

Griffin Place is located in a quiet area of Durham, North Carolina. While still being less than 15 minutes to places like Duke, downtown Durham, Costco and more. Enjoy community amenities like a dog park, fire pit with pergola, and a playground steps from your front door. Or local attractions like Falls Lake - 5 miles from the community.

If buying a home has been on your bucket list, our dedicated team at Griffin Place is here to guide you every step of the way. Here you will find smart, affordable new homes near RTP and Durham, with included upgrades, a convenient location, and a monthly payment designed to rival your current rent.

Schedule an appointment today to get your inside scoop before we open to the public. We can’t wait to Welcome You Home to Griffin Place.

We'll Guide You Home, Every Step of the Way

Building a home is a big milestone, and we're here to make it easy. At Ryan Homes, we'll guide you through every step, answer your questions, and keep things simple. You can focus on what matters—getting ready to enjoy your new home.

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