$301,000
●
House -
Off Market
161 Arrow Lane
Middlesex, NC 27557
3 Beds
2 Baths
1,570 Ft²
$306,163
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Must see this just over a year old LIKE NEW home on over 1/2 acre -
features 3 bed, 2 bath & 3 CAR GARAGE nestled on quiet CUL-DE-SAC.
Spacious FENCED IN back yard is home to a fully WIRED 10x20 DOUBLE
LOFT STORAGE SHED (can easily be an amazing he-shed or she-shed).
And the back yard fun does not stop there... you can enjoy the
fruits of your labor in the raised bed garden, or kick back to
catch some rays sitting on the enlarged patio, or relax in the
covered deck to enjoy the rain.This home has it all!
Unit Size
1,570 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$169
Property Type
House
Property Taxes
$167
HOA Dues
$15
Year Built
2019
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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 #2387166)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2021 | Sold | ||
| Sold | |||
| Jun 2, 2021 | Listed by Keller Williams Preferred Realty | $264,900 | |
| Listed by Keller Williams Preferred Realty | |||
| Mar 2, 2020 | Sold | ||
| Sold | |||
| Jan 20, 2020 | Listed by Compass -- Raleigh | $227,900 | |
| Listed by Compass -- Raleigh | |||
| | |||
|
This stunning open floorplan with vaulted ceilings features 3 bedrooms and 2 FULL baths. Nestled on a cold de sac .5 acre FLAT lot with an oversized COVERED DECK you will be able to move and enjoy plenty of outdoor living. Don't forget about the rocking chair ready wrap porch! High demand Corinth Holders School District. Just minutes to Wendell, Zebulon, Clayton, and 20 minutes from Raleigh, you will get the full experience of city convenience and country serenity.
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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
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Sold On
HOA + Taxes
About Johnston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: John Brown, Keller Williams Preferred Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2387166
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2387166
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