$509,900
●
House -
Off Market
3306 Hope Valley Road
Durham, NC 27707
4 Beds
4 Baths,
1
Half Bath
2,336 Ft²
$786,623
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Exquisite 1930 Farmhouse in historic Hope Valley. Extraordinary
home sits amid ancient Oaks, majestic Magnolias, Azaleas and more
on nearly 1 acre lot. Welcoming front porch is only the beginning.
Renovated kitchen w/ classic Shaker cabinets, marble countertops &
SS appliances. Large owners suite includes updated bath and huge
closet. Dining, living, & family rooms offer amazing detail and two
fireplaces. Eclectic mix of old and new hardwoods through most of
the home create the uniqueness you deserve.
Unit Size
2,336 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$223
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1930
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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: 2 years ago (TMLS #2197843)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 25, 2018 | Sold | ||
| Sold | |||
| Jul 15, 2018 | Listed | $519,900 | |
| Listed | |||
| | |||
|
Exquisite 1930 Farmhouse in historic Hope Valley. Extraordinary home sits amid ancient Oaks, majestic Magnolias, Azaleas and more on nearly 1 acre lot. Welcoming front porch is only the beginning. Renovated kitchen w/ classic Shaker cabinets, marble countertops & SS appliances. Large owners suite includes updated bath and huge closet. Dining, living, & family rooms offer amazing detail and two fireplaces. Eclectic mix of old and new hardwoods through most of the home create the uniqueness you deserve. The manager has listed the unit size as 2336 square feet.
| |||
| Jun 13, 2018 | Listed by Keller Williams Preferred Realty | $519,900 | |
| Listed by Keller Williams Preferred Realty | |||
| Jul 27, 2016 | Sold | ||
| Sold | |||
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Property Highlights
Garage
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 Hope Valley
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Currently no similar homes aroundNearby Rentals
Listed by: Hank Saye, Keller Williams Preferred Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2197843
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2197843
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