$1,795,000
●
House -
Off Market
3920 Dover Road
Durham, NC 27707
2 Beds
2 Baths,
2
Half Baths
3,900 Ft²
$1,790,102
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Perfectly perched on a secluded hillside in prime historic Hope
Valley with breathtaking view of the 10th fairway. Lushly
landscaped .86 acre embraces this rare, pristine, elegant one level
home with 21st century renovations. Spectacular 2016 Kitchen.
Beautiful 2014 Windows. Dual Zone HVAC 2022-2023 w/Nest
thermostats. Generator 2016. Welcoming foyer with polished pine
floors. Adjacent cypress paneled study w/book & storage cabinetry.
Light-filled living room w/masonry fireplace, views of the lawn and
golf course beyond. Inviting formal dining room opens into a lovely
vestibule with brick floor leading to the library. Handsome
mahogany paneled library with arched bookcases, masonry fireplace,
dressing alcove and separate entrance. The kitchen is a perfect
collaboration of design & execution featuring tasteful granite
countertops & backsplash, stainless steel Bosch wall & speed ovens,
dishwasher & French door refrigerator, Wolf gas cooktop, well
placed lighting for food prep as well as artful display. This home
offers a truly extraordinary environment where serenity moves
between the gardens and the quiet interiors.
Unit Size
3,900 Ft²
Days on Market
-
Land Size
0.86 acres
Price per sqft
$460
Property Type
House
Property Taxes
$792
HOA Dues
-
Year Built
1950
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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 #2515349)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Baths
ft²
Price/ft²
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Listed On
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About Hope Valley
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Listed by: Susan Peak, Peak, Swirles & Cavallito
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2515349
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2515349
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