$665,000
●
House -
Off Market
1104 Mendocino Street
Wake Forest, NC 27587
2 Beds
2 Baths,
1
Half Bath
2,570 Ft²
$3,999
Est. Monthly
$252
HOA / Fees
1.54%
Cap Rate
About This Property
Gorgeous and so well maintained, this home is located in the
popular 55+ Del Webb at Traditions community. Light and
bright this Dunwoody floor plan offers 2 large bedrooms both
with full baths, an office, sunroom, plus a 3 season room, all on 1
level. The gourmet kitchen is perfect for entertaining with
upgraded cabinets, gas cooktop, wall oven, large island and pantry.
The dining area has built in cabinets, quartz counter tops and a
wine refrigerator. Step out onto the beautiful 3 Season room
with floor to ceiling windows, overlooking the yard and paver
patio.So many custom upgrades including, built in bookshelves in
the office, shutters, LED lighting, EV charger in garage. Enjoy the
community clubhouse, indoor pool, fitness center, pickle ball,
walking trails and many clubs/activities. Lawn maintenance
included!
Unit Size
2,570 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$263
Property Type
House
Property Taxes
$432
HOA Dues
$252
Year Built
2019
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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 #10007992)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 20, 2024 | Sold | ||
| Sold | |||
| Jan 25, 2024 | Listed by Keller Williams Preferred Realty | $675,000 | |
| Listed by Keller Williams Preferred Realty | |||
| Nov 18, 2021 | Sold | ||
| Sold | |||
| Sep 29, 2021 | Listed by Keller Williams Preferred Realty | $595,000 | |
| Listed by Keller Williams Preferred Realty | |||
| Apr 12, 2019 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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 Wake
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Listed by: Karen Tehrani, Keller Williams Preferred Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10007992
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10007992
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