$544,900
●
House -
Off Market
150 Scotts Pine Circle
Wake Forest, NC 27587
3 Beds
2 Baths
2,136 Ft²
$3,118
Est. Monthly
$175
HOA / Fees
3.44%
Cap Rate
About This Property
Where do location, privacy, and accessibility meet? 150 Scotts
Pines Drive. When you exit your car, experience the quiet of the
neighborhood. The simple, open floor plan offers functional living
and allows the eye to notice the high quality finishes. With only 3
steps from the two car garage you can enjoy mostly main floor
living. The dining room, breakfast nook and NEW quartz kitchen
island provide plenty of seating options. Spend all day on the
oversized DREAMY screened in porch. Upstairs you'll find the
bonus and attic space with abundant storage. Additional 2024
updates include: Newly painted (interior and exterior), NEW carpet,
NEW vapor barrier, & NEW landscaping. Cul - de - sac lot backs up
to Silo Glen HOA-owned land providing additional privacy! Spend
your Saturdays fishing in Traylee's community pond. You'll forget
you are only 6 minutes from Harris Teeter and US-1. Home warranty
provided to buyers will ensure a worry-free move in.
Unit Size
2,136 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$257
Property Type
House
Property Taxes
$242
HOA Dues
$175
Year Built
2003
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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 #10023636)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | Listed by Brassfield Commercial | $549,900 | |
| Listed by Brassfield Commercial | |||
| | |||
|
Where do location, privacy, and accessibility meet? 150 Scotts Pines Drive. When you exit your car, experience the quiet of the neighborhood. The simple, open floor plan offers functional living and allows the eye to notice the high quality finishes. With only 3 steps from the two car garage you can enjoy mostly main floor living. The dining room, breakfast nook and NEW quartz kitchen island provide plenty of seating options. Spend all day on the oversized DREAMY screened in porch. Upstairs you'll find the bonus and attic space with abundant storage. Additional 2024 updates include: Newly painted (interior and exterior), NEW carpet, NEW vapor barrier, & NEW landscaping. Cul - de - sac lot backs up to Silo Glen HOA-owned land providing additional privacy! Spend your Saturdays fishing in Traylee's community pond. You'll forget you are only 6 minutes from Harris Teeter and US-1. Home warranty provided to buyers will ensure a worry-free move in.
| |||
| Feb 12, 2024 | Sold | ||
| Sold | |||
| Jan 19, 2024 | Listed by Brassfield Realty | $385,000 | |
| Listed by Brassfield Realty | |||
| Jul 15, 2014 | Sold | ||
| Sold | |||
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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
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
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HOA + Taxes
About Franklin
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Listed by: Julia Thompson, Brassfield Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10023636
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10023636
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