$437,500
●
House -
Off Market
1041 Wisteria Drive
Elon, NC 27244
5 Beds
3 Baths,
1
Half Bath
3,107 Ft²
$2,326
Est. Monthly
$25
HOA / Fees
About This Property
Welcome to 1041 Wisteria Drive, a 5BR/3.5BA home in a quiet Elon
neighborhood with over 3,000 square feet of living space! Enjoy the
best of both worlds--city convenience with the serenity of the
countryside--just minutes from Elon University, Downtown Elon, and
Burlington. Features two primary suite--one on each
level--including a spacious upstairs owner's retreat with sitting
area and walk-in closets. Bright open floor plan with 9-ft
ceilings, granite countertops, tile backsplash, and new stainless
steel fridge and oven. Large family room with gas-log fireplace.
Covered front porch, fenced backyard w/shed, and 2-car garage.
Located in the minutes from shopping, and I-40/85. A must-see!
Unit Size
3,107 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$141
Property Type
House
Property Taxes
$152
HOA Dues
$25
Year Built
2013
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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: 9 months ago (TMLS #10128560)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 5, 2026 | Sold | ||
| Sold | |||
| Dec 23, 2025 | In contract | - | |
| In contract | |||
| Oct 18, 2025 | Listed by Compass -- Chapel Hill - Durham | $437,500 | |
| Listed by Compass -- Chapel Hill - Durham | |||
| Aug 16, 2025 | Price Decreased |
$437,500
↓ $8K
(1.7%) | |
| Price Decreased | |||
| Jul 18, 2025 | Listed | $445,000 | |
| Listed | |||
| | |||
|
Welcome to 1041 Wisteria Drive, a 5BR/3.5BA home in a quiet Elon neighborhood with over 3,000 square feet of living space! Enjoy the best of both worlds--city convenience with the serenity of the countryside--just minutes from Elon University, Downtown Elon, and Burlington. Features two primary suite--one on each level--including a spacious upstairs owner's retreat with sitting area and walk-in closets. Bright open floor plan with 9-ft ceilings, granite countertops, tile backsplash, and new stainless steel fridge and oven. Large family room with gas-log fireplace. Covered front porch, fenced backyard w/shed, and 2-car garage. Located in the minutes from shopping, and I-40/85. A must-see!
| |||
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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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Elon
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Listed by: Shanti Holloway, Compass -- Chapel Hill - Durham
Last Updated: 9 months ago
Data Source: TMLS, MLS# 10128560
Last Updated: 9 months ago
Data Source: TMLS, MLS# 10128560
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