$385,000
●
House -
Off Market
3601 Dixon Road
Durham, NC 27707
3 Beds
3 Baths
2,383 Ft²
$407,041
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Fantastic 4 bedroom home now back on the market in sought after
Durham location! This home features newly painted cabinets in
the bathrooms along with new hardware and fixtures throughout
completed in January 2023. The kitchen is equipped with
updated countertops, ample cabinets and stainless steel appliances.
Flow into the living room featuring a cozy fireplace, perfect for
entertaining. A luxurious primary suite, complete with a spacious
closet, and an en-suite bathroom. Head to the backyard for the
perfect private area to enjoy the outdoors. Don't wait! Make this
beautiful home yours today. This home has been virtually staged to
illustrate its potential.
Unit Size
2,383 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$166
Property Type
House
Property Taxes
$263
HOA Dues
-
Year Built
1974
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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 #2457263)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 7, 2023 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Listed by Opendoor Brokerage LLC | $395,000 | |
| Listed by Opendoor Brokerage LLC | |||
| Jun 9, 2022 | Sold | ||
| Sold | |||
| Apr 3, 2019 | Sold | ||
| Sold | |||
| Feb 13, 2019 | Listed by Mallard Realty Group | $249,000 | |
| Listed by Mallard Realty Group | |||
| | |||
|
Perfect location, just 8 min to Duke University. Sunny, well maintained split-level in quiet family neighborhood near I-40, South Square shopping, and 11 min to downtown. 2,400 sq. ft. home offers 4 BR, 3 full BA, ample closet space. Kitchen has granite counter tops, stainless appliances, and plenty of cabinet space. Home sits on 0.24 acre corner lot with mature bamboo surrounding back and side. Lower level has fireplace and new wall-to-wall carpet, walls, and paint. Sliding glass doors open to large deck
| |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Hope Valley
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Currently no similar homes aroundNearby Rentals
Listed by: Thomas Ladane Shoupe, Opendoor Brokerage LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2457263
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2457263
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.
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