$235,000
●
House -
Off Market
119 Mace Road
Mebane, NC 27302
3 Beds
2 Baths,
1
Half Bath
688 Ft²
$228,084
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
This split-level home on a large lot in Mebane features a family
room, kitchen, and an awesome sunroom on the main level. 3 bedrooms
and 1.5 baths on the second level. Bonus room, office/flex space,
laundry room (with laundry chute) and a full bath on the bottom
level. Large lot, storage area, carport, and additional parking
area and no city taxes! New HVAC in 2021 with programable
thermostat and wood stove on the bottom level. This home needs a
little TLC, but is priced accordingly and with a little work this
AS IS home could be amazing!
Unit Size
688 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$327
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1969
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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 #122795)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2023 | Sold | ||
| Sold | |||
| Apr 7, 2023 | Listed by EXP Realty LLC | $424,000 | |
| Listed by EXP Realty LLC | |||
| | |||
|
This beautifully renovated 3 bedroom, 3 bathroom home on .91 acres boasts quartz counters, stainless steel appliances, and new cabinets in the kitchen. You'll love cooking on the stove under the stylish hood vent and gathering around the kitchen island with family and friends. The luxury vinyl plank flooring and craftsman style features throughout the home create a cohesive and charming feel. There are 2 additional rooms that can be used as flex space for a home office or gym. Relax in the sunroom or enjoy the spacious backyard. This home offers a modern and comfortable living environment on a large lot. Don't miss out on the opportunity to make it your own!
| |||
| Mar 25, 2023 | No longer available | - | |
| No longer available | |||
| Feb 21, 2023 | Price Decreased |
$425,000
↓ $25K
(5.6%) | |
| Price Decreased | |||
| Jan 20, 2023 | Listed by Re/MaxDiamond Realty | $450,000 | |
| Listed by Re/MaxDiamond Realty | |||
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Property Highlights
Parking Available
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 Orange
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Marlo Countiss, Re/MaxDiamond Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 122795
Last Updated: 2 years ago
Data Source: TMLS, MLS# 122795
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