$317,999
↓ $1K (0.3%)
●
House -
For Sale
1101 Freeman View Drive
Albemarle, NC 28001
3 Beds
2 Baths,
1
Half Bath
1,723 Ft²
$1,562
Est. Monthly
About This Property
THE Premier house in Morgan Hill is now available and you won't
want to miss this! This better than new construction 2022 build
gives you all of the model home vibes in one of Albemarle, NC's
most sought after neighborhoods! Inside, you'll find a thoughtfully
designed layout offering 3 bedrooms, 2.5 bathrooms and more than
1,700 sqft. All bedrooms, laundry, office which could be used as a
4th bedroom, and 2 full bathrooms are located upstairs with
kitchen, living room, and dining area downstairs. This house sits
on a large private lot that is fenced for entertaining. Upgraded
design, fixtures, kitchen, appliances, countertops, custom
cabinetry, and more round out an exhaustive list of luxe upgrades
inside. This home is conveniently located and waiting for it's new
owner! Don't wait on a cookie cutter new build to finish, check out
this upgraded custom home today!
Unit Size
1,723 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$185
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2022
Listed By
Robert Threatt Jr
Blockchain Real Estate LLC
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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: 16 days ago (CANOPYMLS #CAR4420568)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$317,999
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Sep 1, 2026 | Listed by McClure Group Realty LLC | $319,000 | |
| Listed by McClure Group Realty LLC | |||
| Aug 30, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 31, 2026 | Price Decreased |
$319,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$324,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Driveway, Attached
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Dishwasher, Microwave, Oven, Refrigerator
Laundry Features: Inside
Exterior Details
Square Footage: 1723
Year Built: 2022
Levels: Two
Construction Materials: Vinyl Siding, Brick Partial
Lot Size Area: 0.09
Lot Size Units: Acres
Lot Size Acres: 0.09
Lot Size Square Feet: 3920.4
Water Source: Public
Financial Details
Tax Assessed Value: $283,060
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
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
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Sold On
Sold On
HOA + Taxes
About Albemarle
Similar Homes for Sale
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Listed by: Robert McClure Jr, McClure Group Realty LLC
Last Updated: 16 days ago
Data Source: CANOPYMLS, MLS# CAR4420568
Last Updated: 16 days ago
Data Source: CANOPYMLS, MLS# CAR4420568
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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