18
Map
$175,000
●
Land -
For Sale
3020 Buckingham Road
Durham, NC 27707
Studio
0 Bath
$947
Est. Monthly
About This Property
Exceptional opportunity to craft a truly one-of-a-kind residence in
the prestigious Hope Valley Country Club. Situated on desirable
Buckingham Road, this parcel offers an unbeatable price point into
one of Durham's most coveted luxury enclaves. The lot sits within a
designated flood plain, so this site calls for an inspired,
elevated build. Imagine a striking modern design on piers,
treehouse-style architecture, or expansive raised decking nestled
in a lush, natural setting. Priced to accommodate site-specific
engineering and foundation requirements. Bring your architect,
leverage the unique terrain, and build something extraordinary at
3020 Buckingham Rd.
Unit Size
-
Days on Market
62 days
Land Size
0.37 acres
Price per sqft
-
Property Type
Land
Property Taxes
$87
HOA Dues
-
Year Built
-
Listed By
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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: 3 months ago (TMLS #10188455)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 24, 2026 | Listed by Compass -- Raleigh | $175,000 | |
| Listed by Compass -- Raleigh | |||
| Feb 23, 2023 | Sold | ||
| Sold | |||
| Nov 18, 2021 | Listed by Compass -- Raleigh | $150,000 | |
| Listed by Compass -- Raleigh | |||
| | |||
|
Vacant lot in desirable Hope Valley CC. Gentle topography with mature hardwoods. Portions of the lot are in a flood zone, and flood insurance would be required. This opportunity is for someone that doesn't mind going through some extra steps in exchange for the discounted land cost.
| |||
| Dec 19, 2006 | Sold | ||
| Sold | |||
Property Highlights
Exterior Details
Other Structures: None
Lot Features: Rectangular Lot, Wooded, Flood Plains
Lot Size Area: 0.37
Lot Size Units: Acres
Lot Size Acres: 0.37
Lot Size Square Feet: 16117
Lot Size Dimensions: 80x184x80x194
Water Source: Public
Financial Details
Tax Map Number: 32
Tax Assessed Value: $102,750
Tax Annual Amount: $1,044
Utilities Details
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
HOA/Condo/Coop Amenities: None
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Asking Price
Listed On
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Closing Price
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HOA + Taxes
About Hope Valley
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Johnny Chappell, Compass -- Raleigh
Last Updated: 3 months ago
Data Source: TMLS, MLS# 10188455
Last Updated: 3 months ago
Data Source: TMLS, MLS# 10188455
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