$1,080,000
●
House -
Off Market
111 Gary Road
Carrboro, NC 27510
4 Beds
3 Baths,
1
Half Bath
3,150 Ft²
$1,044,118
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
A once in a lifetime opportunity to have the home of your dreams
set on a gorgeous meadow in Carrboro. This new modern
farmhouse is nestled on a quiet street in a well-established
neighborhood within walking distance of downtown. This home will
feature 9' ceilings, 4 bedrooms, 3.5 baths, open floor plan with
spacious kitchen and living areas. Built by Hammer and Nails, a
Carrboro builder, highlights include Thermador appliances, large
kitchen island, pantry, hardwood floors throughout, custom
cabinets, vaulted ceiling in master bedroom, garage. Plans
and specs are subject to change.
Unit Size
3,150 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$333
Property Type
House
Property Taxes
$178
HOA Dues
-
Year Built
-
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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 #2476912)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2023 | Sold | ||
| Sold | |||
| Sep 30, 2022 | Listed by Hodge&KittrellSothebysIntlRlty | $1,050,000 | |
| Listed by Hodge&KittrellSothebysIntlRlty | |||
| Sep 1, 2022 | Sold | ||
| Sold | |||
| Jul 18, 2022 | Listed by Mallard Realty Group | $210,000 | |
| Listed by Mallard Realty Group | |||
| | |||
|
A once in a lifetime investment! This parcel of land is part of a larger package of 6 properties which are all connected. Can be purchased individually or all together. Perfect for development, long term investment, or to build your dream home. On the plat this is lot 1R-C, and the MLS # for whole package is 2463128.
| |||
Property Highlights
Garage
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
Beds
Baths
ft²
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HOA + Taxes
About Poplar-Davie
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Claire Pope, Hodge&KittrellSothebysIntlRlty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2476912
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2476912
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