$508,000
●
House -
Off Market
1219 Shallow Spring Drive
Mebane, NC 27302
4 Beds
3 Baths
2,557 Ft²
$3,074
Est. Monthly
$70
HOA / Fees
About This Property
READY JULY 2026! Welcome to the stunning Alton floorplan by Drees
Homes, thoughtfully designed to combine luxury, comfort, and
everyday functionality. This beautifully crafted home features a
primary suite on the main level, offering convenience and privacy,
along with a spa-inspired en-suite bath and separate ''mine and
your'' walk-in closets for optimal organization and space.
The heart of the home is the dramatic vaulted family room,
filled with natural light and perfect for both relaxing and
entertaining. The open-concept layout seamlessly connects the
family room to the gourmet kitchen and dining area, creating an
inviting space for gatherings of any size. Upstairs, you'll
find additional bedrooms and flexible living space ideal for
guests, a home office, or a media room. Every detail of the Alton
has been carefully curated, showcasing quality craftsmanship and
modern design throughout. Enjoy the perfect blend of style
and livability in this exceptional home!
Unit Size
2,557 Ft²
Days on Market
167 days
Land Size
0.17 acres
Price per sqft
$201
Property Type
House
Property Taxes
$475
HOA Dues
$70
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 12 days ago (TMLS #10164237)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Sold | ||
| Sold | |||
| Aug 24, 2026 | In contract | - | |
| In contract | |||
| Jul 3, 2026 | Price Decreased |
$515,000
↓ $55K
(9.7%) | |
| Price Decreased | |||
| May 1, 2026 | Listed by Drees Homes | $569,975 | |
| Listed by Drees Homes | |||
Property Highlights
Garage
Air Conditioning
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: Mary Jo Young, Drees Homes
Last Updated: 12 days ago
Data Source: TMLS, MLS# 10164237
Last Updated: 12 days ago
Data Source: TMLS, MLS# 10164237
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017