$712,716
●
House -
Off Market
1005 Bridgeforth Lane
Chapel Hill, NC 27517
3 Beds
3 Baths
1,943 Ft²
$3,834
Est. Monthly
$260
HOA / Fees
3.03%
Cap Rate
About This Property
Welcome to The Courtyards on Farrington, one of EPCON Communities
newest communities This home features our Palazzo Bonus floor plan,
3 bedroom, 3 bath home. The kitchen has an island and is open to
the dining and living room. All living areas and kitchen offer
views of your private courtyard and the Palazzo is built with a
private side courtyard. The generous sized Owners Suite offers 2
sets of double windows bring the outdoors and nature in, owner's
bathroom which additionally features a universal, zero entry
shower! You don't want to miss out! This community will have resort
style amenities to include a clubhouse with fitness center, pool
and offers all the benefits of low maintenance living. Images are
representative only. 4.99% interest rate promotion available.
Meet with onsite sales consultant for details.
Unit Size
1,943 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$375
Property Type
House
Property Taxes
-
HOA Dues
$260
Year Built
-
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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 #10036433)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2025 | Sold | ||
| Sold | |||
| Jun 23, 2025 | In contract | - | |
| In contract | |||
| May 6, 2025 | Price Increased |
$727,716
↑ $3K
(0.4%) | |
| Price Increased | |||
| Feb 9, 2025 | Price Increased |
$725,213
↑ $42K
(6.1%) | |
| Price Increased | |||
| Feb 7, 2025 | Relisted | $683,578 | |
| Relisted | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Farrington
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Listed by: Ryan Plowman, Plowman Properties LLC.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10036433
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10036433
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