3204 Hope Valley Road
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Mar 11, 2024 | Listed by Mark Spain Real Estate | $300,000 | |
| Listed by Mark Spain Real Estate | |||
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Hope Valley And Southpoint Mall Minutes Away! RDU and Downtown Durham! Adorable Cozy Cottage Style Home Nestled On Private Driveway Home Features 1 Bedroom 1 Bath Remodeled Kitchen with Stainless Appliances, Living Room and Den or Sunroom, Plus Separate 1 Bedroom Apartment with half bath, off the 1 Car Carport! Fenced Side Yard and Delightful Fenced Back Yard. This is A Must See Property.
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| Oct 10, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017