$510,000
●
House -
Off Market
1015 Apache Lane
Apex, NC 27502
3 Beds
3 Baths,
1
Half Bath
1,659 Ft²
$2,691
Est. Monthly
4.43%
Cap Rate
About This Property
Heart of Apex Charmer! This precious home is situated in one of the
most convenient locations in Apex. A short distance to Apex High,
downtown Apex, Costco and so much more. The owners have lovingly
cared for their home for the last 21 years, which is evident when
you walk in. Hardwood floors throughout, new carpet, kitchen and
laundry refresh as well as the bathrooms. The best part of this
home is the outdoor living space. The adorable garden shed, and
beds are perfect for the gardener in you. The big backyard and
privacy fence create a great entertaining space, not to mention the
spacious screened porch and deck. The unseen is equally
impressive...roof 2023, crawlspace vapor barrier, insulation &
ducts 2024, new heat pump 2020, fence 2023, water heater 2015. The
garage even has an AC window unit for those who might need shop
space. The Indian Trail neighborhood is adjacent to Shepherds
Vineyard, who graciously offers pool memberships to its neighbors.
There is also a greenway trail that takes you from the Eva Perry
Library to Food Lion. Come see why it was hard for the Sellers to
move! P.S. No HOA!
Unit Size
1,659 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$292
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1985
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Cap Rate Calculator
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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: 3 years ago (TMLS #10055084)
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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Baths
ft²
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Listed On
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HOA + Taxes
About Indian Trails
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Listed by: Michelle Gelston, Coldwell Banker Advantage
Last Updated: 3 years ago
Data Source: TMLS, MLS# 10055084
Last Updated: 3 years ago
Data Source: TMLS, MLS# 10055084
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