$172,500
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Land -
Off Market
105 Ruffed Grouse
Chapel Hill, NC 27517
Studio
0 Bath
$245,362
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
ONE OF A KIND FLAT/LEVEL LOT IN CUL-DE-SAC WITH LONG
VISTA GOLF COURSE VIEWS AND LOTS OF PRIVACY, EXTRA WIDE LOT
ALLOWS FOR A LOT OF BUILDING OPTIONS. LOCATED ON 4TH GREEN OF DAVIS
LOVE III GOLF COURSE WITH POOL, TENNIS, FITNESS CENTER, WALKING
TRAILS AND SO MUCH MORE. COME OUT AND ENVISION BUILDING YOUR DREAM
HOME AND VISIT THE GOLF SHOP FOR LUNCH. WE HAVE MANY PLANS TO
CHOOSE FROM AND YOU CAN CUSTOMIZE THE WAY YOU WANT IT.
Unit Size
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Days on Market
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Land Size
0.60 acres
Price per sqft
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Property Type
Land
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Cap Rate Calculator
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Monthly Rental Income
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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 #2281607)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2020 | Sold | ||
| Sold | |||
| Oct 2, 2019 | Listed by The Preserve at Jordan Lake Re | $175,000 | |
| Listed by The Preserve at Jordan Lake Re | |||
| Sep 3, 2019 | No longer available | - | |
| No longer available | |||
| Jan 28, 2019 | Listed | $690,000 | |
| Listed | |||
| | |||
|
CUSTOM BUILD YOUR DREAM RANCH HOME ON ONE OF THE BEST FLAT, GOLF COURSE LOTS LEFT. NEED MORE SPACE, NEED A 3 CAR GARAGE, WANT THE HIGHEST QUALITY FINISHES POSSIBLE? WE HAVE IT, JUST ASK. WE HAVE HOMES TO WALK THROUGH TO SHOW THE OUTSTANDING QUALITY YOU EXPECT. GREAT GOLF COURSE COMMUNITY CONVENIENT TO LAKE & COMMUTES. MANY AMENITIES. PHOTOS ARE NOT OF ACTUAL HOME. BUILDER HAS BEEN BUILDING FOR OVER 12 YEARS IN COMMUNITY WITH LOTS OF REFERENCES. FOR MORE INFO, CALL 919 545-8811 OR VISIT WWW.THEPRESERVE.WS The manager has listed the unit size as 2600 square feet.
| |||
| Jun 30, 2018 | Listed | $175,000 | |
| Listed | |||
| | |||
|
RARE LEVEL/FLAT GOLF LOT IN CUL-DE-SAC WITH LONG VISTA GOLF VIEWS LOCATED ON THE 4TH GREEN OF DAVIS LOVE III GOLF COURSE COMMUNITY. AMENITIES INCLUDE TENNIS, POOL, PLAYGROUND, FITNESS ROOMS, TRAILS, AND MORE! LOCATED NEAR JORDAN LAKE RECREATION. QUIET AREA CONVENIENT TO MAJOR COMMUTES. WE HAVE MANY PLANS TO REVIEW TO GIVE YOU A IDEA OF BUILDING YOUR DREAM HOME. FOR MORE INFO CALL 919 545-8811, VISIT WWW.THEPRESERVE.WS, OR STOP BY THE ON-SITE SALES OFFICE NEXT TO THE GOLF CLUBHOUSE.
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Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About The Preserve
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Tony Golden, The Preserve at Jordan Lake Re
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2281607
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2281607
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