$365,000
●
House -
Off Market
201 Lanier Valley Drive
Durham, NC 27703
3 Beds
2 Baths,
1
Half Bath
1,506 Ft²
$2,085
Est. Monthly
$65
HOA / Fees
About This Property
Welcome to this charming home located in Grove Park! This
well-designed residence offers a functional, inviting layout, ideal
for everyday living and entertaining. The main level features a
spacious family room with a cozy fireplace, a dedicated dining
area, and a bright kitchen with a breakfast nook, creating a
seamless flow throughout the home. Upstairs, you'll find a
beautiful primary suite along with two additional bedrooms,
offering flexible space for family, guests, or a home office. Step
outside to enjoy the deck, ideal for relaxing or hosting
gatherings, and the convenience of a two-car garage. Residents
enjoy great community amenities, including a swimming pool, tennis
and basketball courts, a playground, and a scenic lake ideal for
peaceful walks and outdoor enjoyment. Conveniently located with
easy access to shopping, major highways, Duke, and more, this home
offers the perfect blend of comfort, community, and convenience.
Unit Size
1,506 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$232
Property Type
House
Property Taxes
$301
HOA Dues
$65
Year Built
2001
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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: 7 months ago (TMLS #10156059)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2026 | Sold | ||
| Sold | |||
| Mar 30, 2026 | In contract | - | |
| In contract | |||
| Mar 28, 2026 | Listed by Hampton & Company Real Estate | $350,000 | |
| Listed by Hampton & Company Real Estate | |||
| Oct 6, 2020 | Sold | ||
| Sold | |||
| Sep 1, 2020 | Listed by Hampton & Company Real Estate | $234,000 | |
| Listed by Hampton & Company Real Estate | |||
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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 Durham
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Listed by: Patricia Gillespie Hampton, Hampton & Company Real Estate
Last Updated: 7 months ago
Data Source: TMLS, MLS# 10156059
Last Updated: 7 months ago
Data Source: TMLS, MLS# 10156059
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