$602,000
●
House -
Off Market
3912 Old Chapel Hill Road
Durham, NC 27707
4 Beds
2 Baths,
1
Half Bath
2,052 Ft²
$3,490
Est. Monthly
3.92%
Cap Rate
About This Property
Charming Ranch in the Heart of Hope Valley
Welcome to this timeless 4 bedroom, 2.5-bath ranch nestled on an oversized, fenced lot in one of Durham's most sought-after neighborhoods. Perfectly situated in the heart of Hope Valley, this home blends the character of classic construction with fresh, modern updates.
Inside, you'll find a beautifully renovated kitchen and bathrooms, featuring today's most desirable finishes while preserving the home's charm. The spacious living areas flow seamlessly, making it easy to gather with family or entertain friends. A versatile office space offers flexibility for working from home or creating a cozy reading retreat.
Step outside to your own private oasis in an expansive backyard surrounded by mature trees, offering both privacy and tranquility. A large deck invites you to relax or host gatherings in style.
Additional features include a one-car garage plus carport, providing plenty of covered parking and storage. With its perfect combination of location, character, and modern updates, this Hope Valley gem is ready to welcome you home.
Welcome to this timeless 4 bedroom, 2.5-bath ranch nestled on an oversized, fenced lot in one of Durham's most sought-after neighborhoods. Perfectly situated in the heart of Hope Valley, this home blends the character of classic construction with fresh, modern updates.
Inside, you'll find a beautifully renovated kitchen and bathrooms, featuring today's most desirable finishes while preserving the home's charm. The spacious living areas flow seamlessly, making it easy to gather with family or entertain friends. A versatile office space offers flexibility for working from home or creating a cozy reading retreat.
Step outside to your own private oasis in an expansive backyard surrounded by mature trees, offering both privacy and tranquility. A large deck invites you to relax or host gatherings in style.
Additional features include a one-car garage plus carport, providing plenty of covered parking and storage. With its perfect combination of location, character, and modern updates, this Hope Valley gem is ready to welcome you home.
Unit Size
2,052 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$302
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1966
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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: 12 months ago (TMLS #10122364)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2025 | Sold | ||
| Sold | |||
| Sep 29, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Listed by Keller Williams Elite Realty | $619,000 | |
| Listed by Keller Williams Elite Realty | |||
| Feb 24, 2022 | Sold | ||
| Sold | |||
| Jan 4, 2022 | Listed by Keller Williams Elite Realty | $575,000 | |
| Listed by Keller Williams Elite Realty | |||
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Property Highlights
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Air Conditioning
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 Knollwood
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Listed by: Matt Perry, Keller Williams Elite Realty
Last Updated: 12 months ago
Data Source: TMLS, MLS# 10122364
Last Updated: 12 months ago
Data Source: TMLS, MLS# 10122364
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