Caswell
1508 Walters Mill Road
$215,000
●
House -
Off Market
1508 Walters Mill Road
Providence, NC 27315
4 Beds
2 Baths
$237,443
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Beautiful! Bright! Clean! Every room has been touched with new
sheetrock, luxury vinyl plank flooring (waterproof), a coat of
fresh paint, and new ceiling fans in the bedrooms, living room, and
kitchen. Recessed lighting in some rooms, LED lighting throughout,
and a spacious, bright-white eat-in kitchen w/new cabinets, a
large, stainless steel sink, & brand new appliances. Updated with
new 200-amp electrical service (repairs & updates permitted),
repairs to the deck have been made and freshly painted. Extra-large
2-car garage/workshop for storage, working on cars or mastering
hobbies. The home sits on just over an acre of land with large
shade trees, It consists of 2 parcels of which both will need to be
referenced in your offer. Septic System has been inspected &
cleaned. Air Condenser-2014; HVAC-unknown, Minutes to Danville,
Reidsville, Yanceyville, and Hyco Lake. Condenser-2014;
HVAC-unknown, Minutes to Danville, Reidsville, Yanceyville, and
Hyco Lake.
Unit Size
-
Days on Market
-
Land Size
1.10 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978
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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 #124485)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2022 | Sold | ||
| Sold | |||
| Aug 30, 2022 | Listed by Keller Williams Central | $225,000 | |
| Listed by Keller Williams Central | |||
| Jun 30, 2022 | Sold | ||
| Sold | |||
| Jun 23, 2022 | No longer available | - | |
| No longer available | |||
| Jun 15, 2022 | Listed by Keller Williams Central | $109,900 | |
| Listed by Keller Williams Central | |||
Property Highlights
Garage
Air Conditioning
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 Caswell
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Mike McCann, Keller Williams Central
Last Updated: 2 years ago
Data Source: TMLS, MLS# 124485
Last Updated: 2 years ago
Data Source: TMLS, MLS# 124485
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