$365,000
●
House -
Off Market
1052 Hughes Trail
Elon, NC 27244
3 Beds
2 Baths
2,113 Ft²
$1,922
Est. Monthly
5.15%
Cap Rate
About This Property
Welcome to this stunning property! This completely updated home
boasts a range of impressive features. Starting with the roof,
which was renovated in 2019, you can be assured of its excellent
condition. The hardy board exterior, also updated in 2019, adds a
modern touch and enhances the overall appeal of the house. The
windows, also renovated in 2019, provide ample natural light,
creating a bright and airy atmosphere throughout the home. Inside,
you'll find a beautiful open concept design that seamlessly blends
style and functionality. The spacious layout, spanning over 2000
square feet, offers plenty of room for comfortable living and
entertaining. The interior features a contemporary aesthetic,
showcasing tasteful finishes and modern fixtures. As you step
outside, you'll be greeted by a gorgeous yard that provides a
tranquil retreat.
Unit Size
2,113 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$173
Property Type
House
Property Taxes
$129
HOA Dues
-
Year Built
1946
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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 #2537859)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2025 | Sold | ||
| Sold | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
| Jun 11, 2025 | Price Decreased |
$415,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| May 20, 2025 | Listed by Keller Williams Central | $425,000 | |
| Listed by Keller Williams Central | |||
| | |||
|
Welcome to this stunning property! This completely updated home boasts a range of impressive features. Starting with the roof, which was renovated in 2019, you can be assured of its excellent condition. The hardy board exterior, also updated in 2019, adds a modern touch and enhances the overall appeal of the house. The windows, renovated in 2019, provide ample natural light, creating a bright and airy atmosphere throughout the home. HVAC was installed in 2018. Inside, you'll find a beautiful open concept design that seamlessly blends style and functionality. The spacious layout, spanning over 2000 square feet, offers plenty of room for comfortable living and entertaining. The interior features a contemporary aesthetic, showcasing charming finishes and modern fixtures. As you step outside, you'll be greeted by a gorgeous yard that provides a tranquil retreat and a 24x35 workshop that is conveniently located at the back of the property.
| |||
| Apr 5, 2024 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Alamance
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Listed by: Christy Marie Donaldson, Keller Williams Central
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2537859
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2537859
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