$1,000,000
●
House -
Off Market
118 Glendale Drive
Chapel Hill, NC 27514
4 Beds
3 Baths
2,902 Ft²
$1,303,763
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
In GLAMOROUS GLENDALE you'll find expansive light with majestic
views of Battle Creek Park. Under soaring ceilings there are 4
spacious bedrooms, theater room, and 3 full bathrooms. Cut
herbs from the custom planter right outside of the sunny kitchen.
Entertain on the dazzling deck and dining room. When you want to
roam through the forest of Battle Creek Park, it's minutes to
downtown and UNC. Glamorous Glendale will make you feel like you're
in a tree house retreat, but close to everything Chapel Hill.
Unit Size
2,902 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$336
Property Type
House
Property Taxes
$987
HOA Dues
-
Year Built
1998
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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 #2346249)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Nov 2, 2024 | Listed by Hodge&KittrellSothebysIntlRlty | $1,525,000 | |
| Listed by Hodge&KittrellSothebysIntlRlty | |||
| | |||
|
Experience exceptional contemporary living in Glendale, where treehouse-inspired design harmonizes with urban convenience. As you descend the sweeping driveway, you'll discover a bright home offering breathtaking views of Battle Creek Park, complete with soaring ceilings throughout. Inside, you'll find four generously sized bedrooms, a dedicated office or workspace, and three full bathrooms. Recent updates enhance the home, including fresh paint throughout, stunning countertops in both the kitchen and primary bath, and epoxy flooring in the garage, ideal for car enthusiasts. Glendale is truly one of a kind. Picture yourself entertaining on the expansive wraparound deck, surrounded by lush forest views. Conveniently located just minutes from downtown and UNC, this unique home offers easy access to all the best that Chapel Hill has to offer.
| |||
| Mar 31, 2022 | Sold | ||
| Sold | |||
| Oct 27, 2020 | 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
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ft²
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About Glendale
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Listed by: Kirsten Wikstrom Lambert, Compass -- Chapel Hill - Durham
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2346249
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2346249
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