$580,000
●
House -
Off Market
1204 Benoit Place
Apex, NC 27502
3 Beds
2 Baths,
1
Half Bath
2,131 Ft²
$3,361
Est. Monthly
$45
HOA / Fees
3.31%
Cap Rate
About This Property
Beautifully renovated cul-de-sac home in sought-after Pearson
Farms! Offering 3 Bedrooms, a spacious bonus, and office, this
charming residence features a welcoming rocking chair front porch.
Inside, a foyer flows to a formal dining room and an office with
French doors. The cozy family room showcases hardwood floors and a
gas fireplace, while the updated kitchen boasts granite
countertops, subway tile backsplash, and stainless steel
appliances. Upstairs, you'll find spacious bedrooms and updated
bathrooms. The bonus room could be used a 4th bedroom or additional
recreational space.
The fenced backyard is a showstopper, offering a private outdoor space for play or entertaining. Enjoy a large deck, walking path, fountain and fire pit. The community has a variety of amenities including a pool, clubhouse, tennis & pickleball courts, and the scenic Beaver Creek Greenway. Ideally located just minutes from shopping, dining, and charming Downtown Apex, with easy access to Beaver Creek Commons and Crossing for all your everyday needs. Don't miss this move-in-ready gem in a prime location!
The fenced backyard is a showstopper, offering a private outdoor space for play or entertaining. Enjoy a large deck, walking path, fountain and fire pit. The community has a variety of amenities including a pool, clubhouse, tennis & pickleball courts, and the scenic Beaver Creek Greenway. Ideally located just minutes from shopping, dining, and charming Downtown Apex, with easy access to Beaver Creek Commons and Crossing for all your everyday needs. Don't miss this move-in-ready gem in a prime location!
Unit Size
2,131 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$282
Property Type
House
Property Taxes
$370
HOA Dues
$45
Year Built
1997
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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 #10095290)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2025 | Sold | ||
| Sold | |||
| Jul 1, 2025 | In contract | - | |
| In contract | |||
| Jun 21, 2025 | Price Decreased |
$599,900
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Jun 6, 2025 | Price Decreased |
$614,999
↓ $9K
(1.4%) | |
| Price Decreased | |||
| May 24, 2025 | Price Decreased |
$624,000
↓ $6K
(0.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Pearson Farms
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Listed by: Danielle Weeks, NextHome Turn Key Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10095290
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10095290
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