$170,000
●
House -
Off Market
1501 Kelly Road
Garner, NC 27529
3 Beds
2 Baths
1,248 Ft²
$256,408
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
Offer accepted. Quaint cozy updated mid-century home in the
heart of Garner waiting for you! Close to everything! Shopping,
Dining, schools! Original hardwoods throughout, living space opens
to large deck, perfect for entertaining. Sit on the covered porch
and enjoy summer evenings. Kitchen updated in 2015 with granite
counter tops. Large laundry room with shelving. New windows and
front door installed 2014. Roof is only 7 years old. Yard is fenced
in. Ceiling fans throughout.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$136
Property Type
House
Property Taxes
$93
HOA Dues
-
Year Built
1960
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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 #2201702)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 17, 2018 | Sold | ||
| Sold | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 16, 2018 | Listed | $169,500 | |
| Listed | |||
| | |||
|
Showings begin Sunday 7/15! Quaint cozy updated mid-century home in the heart of Garner waiting for you! Close to everything! Shopping, Dining, schools! Original hardwoods throughout, living space opens to large deck, perfect for entertaining. Sit on the covered porch and enjoy summer evenings. Kitchen updated in 2015 with granite counter tops. Large laundry room with shelving. New windows and front door installed 2014. Roof is only 7 years old. Yard is fenced in. Ceiling fans throughout. The manager has listed the unit size as 1248 square feet.
| |||
| Jun 21, 2018 | Listed by Re/Max One Realty | $169,500 | |
| Listed by Re/Max One Realty | |||
| Oct 2, 2000 | Sold | ||
| Sold | |||
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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ft²
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Sold On
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HOA + Taxes
About Hopedale
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Listed by: Jennifer Franklin-Rowe, Re/Max One Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2201702
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2201702
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