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Durham 27707 Hope Valley
3121 Oxford Drive
$199,500
● House - Off Market

3121 Oxford Drive

Durham, NC 27707
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,811 Ft²
$373,694
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

*Under verbal contract pending signatures.* Desirable Hope Valley area. Unique contemporary style home with 2 bedrooms, 2 full baths and an office. There are a lot of windows providing natural light into the open kitchen/dining/breakfast area which is perfect for entertaining lots and lots of friends. Center island in the kitchen. Pantry provides extra kitchen storage. Extensive decking around the side and rear of the house. Detached 2 car garage w/attached covered walkway.
Unit Size
1,811 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$116
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (TMLS #1980415)

Price History

Date / Event Date Event Price
May 29, 2015 Sold
Premium
Sold
Nov 26, 2014 Listed by Fonville Morisey Realty $209,900
Listed by Fonville Morisey Realty
Oct 6, 2014 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,838
  • Building Area: 1,838
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,838
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIV ESTATES/UNIV TER EXT
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 111
  • Legal Description 1: UNIV ESTATES/UNIV TER EXT /BLK:C/LT#36-37 PL000012-000018

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 002007

Zoning

  • Zoning: RS-10

Geography

  • Assessors Map Reference: BK 12 PG 18
  • Parcel: 123345
  • Block: C
  • Lot: 36,37
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9648
  • Longitude: -78.9336

    Address

  • Full Address: 3121 Oxford Dr
  • Address - House Number: 3121
  • Address - Street Name: Oxford
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Durham
  • Carrier Code: C034
  • 4-Digit Zip Code: 3842
  • Zip Code: 27707

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $409,193

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 78
  • Final Value: 470,597
  • High Value: 550,114
  • Low Value: 391,081

    Market Valuation

  • Market Total Value: $312,385
  • Market Land Value: $77,797
  • Market Improvement Value: $234,588

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,385
  • Assessed Land Value: $77,797
  • Assessed Improvements Value: $234,588

    Sales

  • Current Sale Contract Date: Apr 17, 2015
  • Current Sale Recording Date: May 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2015016575
  • Previous Sale Recording Date: Oct 06, 2014
  • Previous Sale Contract Date: Jun 03, 2014
  • Previous Sale Amount: $204,000
  • Previous Sale Document Type: 30
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hope Valley

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2612 ft²

Average Home Age

35.2 years

Currently For Sale

56 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 518 Elmira Avenue, Durham, NC, 27707

$1,800 /mo

  • 3 Beds
  • 2 Baths
518 Elmira Avenue, Durham, NC, 27707 Listing by Destany Amirah Hayes
Unit for rent at 3319 Lassiter Street, Durham, NC, 27707

$1,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,466 ft²
3319 Lassiter Street, Durham, NC, 27707 Listing by Vincent Thai
Unit for rent at 210 W Cornwallis Road, Durham, NC, 27707

$1,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,380 ft²
210 W Cornwallis Road, Durham, NC, 27707 Listing by Michael Sullivan

Rentals Near You

Click here to view more rentals in the neighborhood.
TMLS

Listed by: Cathy Johnson, Fonville Morisey Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 1980415
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Frequently Asked Questions

When was property at 3121 Oxford Drive built and last sold?
The property at 3121 Oxford Drive was built in 1954 and last sold on Apr 17, 2015 for $200,000.
How much is this home worth?
The estimated value of the home located at 3121 Oxford Drive is $221,089.
What are some comparable homes to 3121 Oxford Drive?
There are currently no comparable homes to 3121 Oxford Drive.
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