$316,000
●
House -
Off Market
110 Mainline Station Drive
Morrisville, NC 27560
4 Beds
2 Baths,
1
Half Bath
2,923 Ft²
$469,600
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Beautiful, low-maintenance, 3-story home in a fantastic RTP
location. Open first floor great for entertaining w/ HW floors,
decorative moldings, gas FP and formal DR. Heavy Trim, Crown
Molding and Wainscoting. Second floor boasts enormous
bedrooms, laundry & loft area. Finished third floor perfect for
game room or media room! Home backs up to Wooded Area for Complete
Privacy in Zen Garden. Convenient To RTP, RDU, 540, 40 and 147.
Unit Size
2,923 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$109
Property Type
House
Property Taxes
-
HOA Dues
$30
Year Built
2007
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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 #2257615)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by Fathom Realty NC | $560,000 | |
| Listed by Fathom Realty NC | |||
| | |||
|
Offer Received! Deadline 5PM today!
Welcome to this move-in ready gem located in one of the most convenient areas of RTP. This pool community is just minutes from RDU, 540, I40, various shopping centers, Wegmans, and more. The East-facing home greets you with a spacious foyer that opens up to a large family room featuring a gas fireplace and a dining room, all set on newly installed hardwood floors (2022).
The kitchen is bright and inviting, with an island and an eat-in area perfect for casual meals. Dishwasher replaced in 2024. Upstairs, you'll find a luxurious primary suite complete with his-and-her closets, a bathroom with a soaking tub, a tiled shower, and separate vanities. Two additional large bedrooms share a common bath, providing ample space for family or guests.
A versatile flex space with built-in shelves offers a great view of the outdoors, making it ideal for a home office or a cozy reading nook.
On the third floor, enjoy movie nights in style with a high-end in-built projector and surround sound system, all while relaxing in comfortable recliners.
| |||
| Aug 9, 2019 | Sold | ||
| Sold | |||
| May 27, 2019 | Listed by Grow Local Realty, LLC | $320,000 | |
| Listed by Grow Local Realty, LLC | |||
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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
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About Durham
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Listed by: Nic Medalla, Grow Local Realty, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2257615
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2257615
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