$780,000
●
House -
Off Market
116 Brandy Mill
Pittsboro, NC 27312
4 Beds
3 Baths
3,672 Ft²
$4,399
Est. Monthly
$108
HOA / Fees
3.03%
Cap Rate
About This Property
Beautiful custom home in the Chapel Ridge Golf Community!
This home sits on a wonderful lot on a cul-de-sac street
which allows for privacy and easy access in and out of the
community. Tons of detail and trim work throughout! Gorgeous
1st floor primary suite with a huge walk-in shower, 1st floor guest
suite, beautiful open kitchen with a large island, butler's pantry,
and walk-in pantry overlooking the breakfast and family room with a
gas fireplace, shiplap walls, and floating shelves. Large slider to
the over 20' wide screened porch which accesses a large deck and
the backyard. Upstairs there are 2 additional nice sized bedrooms,
a full bath, bonus room, built-in desk & bookshelves at the top of
the stairs and tons of walk-in attic space just waiting to be
finished! Recently epoxied garage floor! Chapel Ridge is home to a
great golf course! Be sure to check out the clubhouse, gym, tennis
courts & pool!
Unit Size
3,672 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$216
Property Type
House
Property Taxes
$387
HOA Dues
$108
Year Built
2021
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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 #2535205)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 13, 2024 | Sold | ||
| Sold | |||
| Dec 8, 2023 | No longer available | - | |
| No longer available | |||
| Dec 3, 2023 | Listed by Coldwell Banker Hpw-Falls Of Neuse-Ral | $794,900 | |
| Listed by Coldwell Banker Hpw-Falls Of Neuse-Ral | |||
| | |||
|
Beautiful custom home in the Chapel Ridge Golf Community! This home sits on a wonderful lot on a cul-de-sac street which allows for privacy and easy access in and out of the community. Tons of detail and trim work throughout! Gorgeous 1st floor primary suite with a huge walk-in shower, 1st floor guest suite, beautiful open kitchen with a large island, butler's pantry, and walk-in pantry overlooking the breakfast and family room with a gas fireplace, shiplap walls, and floating shelves. Large slider to the over 20' wide screened porch which accesses a large deck and the backyard. Upstairs there are 2 additional nice sized bedrooms, a full bath, bonus room, built-in desk & bookshelves at the top of the stairs and tons of walk-in attic space just waiting to be finished! Recently epoxied garage floor! Chapel Ridge is home to a great golf course! Be sure to check out the clubhouse, gym, tennis courts & pool! The manager has listed the unit size as 3672 square feet.
| |||
| Oct 2, 2023 | Listed by Coldwell Banker HPW | $794,900 | |
| Listed by Coldwell Banker HPW | |||
| Apr 27, 2023 | Sold | ||
| Sold | |||
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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
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Type
Beds
Baths
ft²
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About Chapel Ridge
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Currently no similar homes aroundNearby Rentals
Listed by: Justin Shover, Coldwell Banker HPW
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2535205
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2535205
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