$765,000
●
House -
Off Market
114 Meadowbrook Drive
Chapel Hill, NC 27514
3 Beds
2 Baths,
1
Half Bath
1,679 Ft²
$723,022
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
A true gardener's delight. This charming one-level home is
surrounded by gardens, wildflowers, native plants & two stylish
garden buildings. Its ideal location is close to schools, the
Chapel Hill Public Library, shopping, restaurants, UNC & main
routes of travel. A porch with decorative tile can be found at the
front door & leads into the open living room. This room boasts
beautiful high ceilings, a stone fireplace & large doors that lead
to the impressive screened porch. Also located in this area is the
dining space with built-in display shelving & beautiful
architectural salvage glass doors. The kitchen has ample cabinetry
& counter space, stainless appliances & adjoins a walk-in pantry
with laundry room. The primary bedroom has an en suite bath.
Additional features include updated windows, two-bay garage with
multiple storage options, a circular drive, an outdoor shower,
fenced back yard & a patio with firepit. Location, many amenities &
a large garden perfect for play & entertaining make this a unique
property.
Unit Size
1,679 Ft²
Days on Market
-
Land Size
0.79 acres
Price per sqft
$432
Property Type
House
Property Taxes
$552
HOA Dues
-
Year Built
1957
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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 #2516838)
Price History
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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ft²
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About Hidden Hills
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Listed by: Chris M Culbreth, Tony Hall & Associates
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2516838
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2516838
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