$521,978
●
House -
Off Market
140 Black Walnut Drive #206
Garner, NC 27529
5 Beds
4 Baths,
1
Half Bath
2,898 Ft²
$2,634
Est. Monthly
$80
HOA / Fees
6.04%
Cap Rate
About This Property
Welcome home! This Stunner features a primary suite on the
main level as well as another primary suite upstairs. Dual
primaries, WOW!!! On the man level you'll also find a
gorgeous dining room with coffered ceilings. Continue into
the great room and you'll be delighted to find an open concept
gourmet kitchen. The primary suite features dual vanities, a
walk-in shower, water closet, and spacious walk-in closet. As
you head upstairs, you'll fall in love with the wood thread stairs
leading you to find a large bonus room, 3 more bedrooms and second
primary suite. Come fall in love with your new home!
Unit Size
2,898 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$179
Property Type
House
Property Taxes
-
HOA Dues
$80
Year Built
-
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Cap Rate Calculator
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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 #10055260)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Dec 15, 2024 | In contract | - | |
| In contract | |||
| Oct 19, 2024 | Price Increased |
$520,048
↑ $5K
(1%) | |
| Price Increased | |||
| Oct 4, 2024 | Price Increased |
$515,048
↑ $50
(0%) | |
| Price Increased | |||
| Sep 27, 2024 | Listed by Mungo Homes of North Carolina | $514,998 | |
| Listed by Mungo Homes of North Carolina | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Bedrooms: 5
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Coffered Ceiling(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Pantry, Separate Shower, Smooth Ceilings, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
Appliances: Dishwasher, Disposal, Electric Water Heater, Gas Cooktop, Microwave, Oven
Flooring Type: Carpet, Vinyl, Tile, Wood
Laundry Features: Laundry Room, Main Level
Common walls with other units/homes: No Common Walls
Exterior Details
Square Footage: 2898
Architectural Style: Craftsman
Year Built: 2025
Above Grade Finished Area: 2898Square Feet
Builder Name: Mungo Homes
Building Area Total: 2898
Levels: Two
Building Area Units: Square Feet
Construction Materials: Vinyl Siding
Patio and Porch Features: Patio, Porch, Rear Porch
Roof: Shingle
Foundation: Slab
Lot Size Area: 9147.6
Lot Size Units: Square Feet
Lot Size Acres: 0.21
Lot Size Square Feet: 9147.6
Lot Size Dimensions: See Plot Plan
Water Source: Public
Financial Details
HOA/Condo/Coop Fee Includes: None
HOA/Condo/Coop Amenities: Pool, Trail(s)
HOA Fee: $240
HOA Fee Frequency: Quarterly
Utilities Details
Cooling Type: Electric, Zoned
Heating Type: Electric, Heat Pump, Zoned
Utilities for Property: Cable Available
Sewer : Public Sewer
Community & neighborhood Details
Region: Garner
Subdivision: Cornwallis Landing
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/27/2024
|
5 Bed
|
4 Bath
|
2898 ft²
|
$514,998
5 Bed
4 Bath
2898 ft²
|
$521,978
+1.36%
03/03/2025
|
David Poore
Mungo Homes of North Carolina
|
Building Info
About Wake
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Listed by: David Poore, Mungo Homes of North Carolina
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10055260
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10055260
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