$550,000
●
House -
Off Market
1464 Padstone Drive
Apex, NC 27502
3 Beds
2 Baths,
1
Half Bath
2,596 Ft²
$3,689
Est. Monthly
$255
HOA / Fees
About This Property
AMAZING DEAL in Salem Village!! EAST facing home situated in the
heart of Apex! This meticulously cared-for gem combines comfort,
style, and convenience with fresh updates throughout. Inside,
you'll find beautiful wood floors, a brand-new HVAC system, fresh
paint, and new carpet upstairs. The gourmet kitchen features quartz
countertops, soft-close drawers, roll-out shelves, and a spacious
walk-in pantry.
Your first-floor primary suite offers a true retreat with ample space, dual vanities, and a generous walk-in closet. Upstairs, two spacious bedrooms and a versatile loft provide the flexibility to fit your lifestyle-whether it's a playroom, home gym, or movie lounge. Don't miss the extra attic storage!
Unwind on the screened porch while overlooking the flat, private backyard surrounded by mature landscaping. Just minutes from Apex Elementary open pickleball and tennis courts!
Enjoy all that Salem Village has to offer-pool, basketball court, soccer field, playground, pocket park and an incredible location that makes this community so special!
Your first-floor primary suite offers a true retreat with ample space, dual vanities, and a generous walk-in closet. Upstairs, two spacious bedrooms and a versatile loft provide the flexibility to fit your lifestyle-whether it's a playroom, home gym, or movie lounge. Don't miss the extra attic storage!
Unwind on the screened porch while overlooking the flat, private backyard surrounded by mature landscaping. Just minutes from Apex Elementary open pickleball and tennis courts!
Enjoy all that Salem Village has to offer-pool, basketball court, soccer field, playground, pocket park and an incredible location that makes this community so special!
Unit Size
2,596 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$231
Property Type
House
Property Taxes
$488
HOA Dues
$255
Year Built
2014
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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: 9 months ago (TMLS #10129693)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 1, 2026 | Sold | ||
| Sold | |||
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Jan 2, 2026 | Price Decreased |
$600,000
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Dec 12, 2025 | Price Decreased |
$650,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Nov 13, 2025 | Price Decreased |
$660,000
↓ $15K
(2.2%) | |
| Price Decreased | |||
Show More
Property Highlights
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 Salem Village
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Listed by: Tina Caul, EXP Realty LLC
Last Updated: 9 months ago
Data Source: TMLS, MLS# 10129693
Last Updated: 9 months ago
Data Source: TMLS, MLS# 10129693
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