$475,000
●
House -
Off Market
3822 Hope Valley Road
Durham, NC 27707
4 Beds
3 Baths,
1
Half Bath
3,045 Ft²
$496,205
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
HAVE IT ALL! Renovated in 2019, this Colonial charmer features
gorgeous hardwoods, TWO really special fireplaces along with custom
millwork & crown molding throughout! BRIGHT & FRESH kitchen
features stainless steel appliances, quartz counters and stunning
white tile backsplash! 4 large bedrooms and 2 spacious living rooms
with clean, bright bathrooms, this floor plan offers flexibility
for any buyer. Steps from Hope Valley Golf Course and minutes to
restaurants, shopping and more. New windows, plumbing & light
fixtures throughout. Listed at $172 per sq. ft, this home offers an
INCREDIBLE value!
Unit Size
3,045 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$164
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
1985
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Cap Rate Calculator
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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 #2510129)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2023 | Sold | ||
| Sold | |||
| May 11, 2023 | Listed by Nest Realty of the Triangle | $499,000 | |
| Listed by Nest Realty of the Triangle | |||
| Dec 14, 2019 | No longer available | - | |
| No longer available | |||
| Dec 6, 2019 | Price Decreased |
$394,800
↓ $100
(0%) | |
| Price Decreased | |||
| Nov 27, 2019 | Price Decreased |
$394,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
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Property Highlights
Parking Available
Garage
Air Conditioning
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jeff Goldman, Nest Realty of the Triangle
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2510129
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2510129
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