$340,000
●
House -
Off Market
1104 Indian Trail
Apex, NC 27502
3 Beds
2 Baths,
1
Half Bath
1,645 Ft²
$2,128
Est. Monthly
6.04%
Cap Rate
About This Property
Amazing opportunity within walking distance to Historic Downtown
Apex, library, high school & more. Custom traditional home
built by Lacey Buffalo. This home is perfect for an investor
looking for a renovation project to add 2024 style to the home!
Large family room with wood burning fireplace. Site
finished hardwood floors.
Super spacious home site, nice corner lot. No HOA Home being sold as is
Super spacious home site, nice corner lot. No HOA Home being sold as is
Unit Size
1,645 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$234
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1985
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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 #10027162)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by EXP Realty LLC | $498,000 | |
| Listed by EXP Realty LLC | |||
| | |||
|
Lovingly restored by professional builder- New everything! LVP floors, fresh paint, custom cabinets, Quartz countertops, KOHLER plumbing fixtures, designer finishes, new appliances, windows and doors. Large fenced in yard with new deck AND patio. Home also features an open concept kitchen, newly tiled primary shower and a woodburning fireplace. All work permitted with the town of Apex.
Come experience the PEAK of good Living in this prime Apex location: close to downtown Apex, Beaver creek, Costco, US-64, US-1, 440 and 540. All of the Apex schools are very close.
NO HOA fees but located in a wonderful mature neighborhood. Walkable to the Shepherd's Vineyard Pool that allows membership for a small fee.
Selling agent is part owner of this property and has never lived in the home.
| |||
| Jun 17, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | Listed by English Realty Group, LLC | $385,000 | |
| Listed by English Realty Group, LLC | |||
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Property Highlights
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
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Baths
ft²
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Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indian Trails
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sandy English, English Realty Group, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10027162
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10027162
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