$339,900
●
House -
Off Market
1617 Cameron Drive
Wake Forest, NC 27587
3 Beds
2 Baths
1,602 Ft²
$1,850
Est. Monthly
6.25%
Cap Rate
About This Property
Wonderful ranch on HALF ACRE+ lot located just minutes away from
1-A S. Main Street in Wake Forest with NO HOA!! Features tile
floors and crown molding throughout the entire home, ceiling fan in
living room, open kitchen with stainless steel appliances, gas
stove, island, mosaic backsplash, granite counters and soft close
doors and drawers. Newly, Custom Designed & Built Master Bath,
2021, features tile floor, recessed lighting and quartz vanity.
Check out the Skylight and solar tubs!!. Two wired sheds,
huge sunroom with fireplace, fenced-in yard. Walking distance to
AWESOME shopping and restaurants. Must see!!
Unit Size
1,602 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$212
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1976
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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 #10000160)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Nov 30, 2023 | Listed by Keller Williams Realty | $339,900 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Wonderful ranch on HALF ACRE+ lot located just minutes away from 1-A S. Main Street in Wake Forest with NO HOA!! Features tile floors and crown molding throughout the entire home, ceiling fan in living room, open kitchen with stainless steel appliances, gas stove, island, mosaic backsplash, granite counters and soft close doors and drawers. Newly, Custom Designed & Built Master Bath, 2021, features tile floor, recessed lighting and quartz vanity. Check out the Skylight and solar tubs!!. Two wired sheds, huge sunroom with fireplace, fenced-in yard. Walking distance to AWESOME shopping and restaurants. Must see!!
| |||
| Jul 14, 2021 | Sold | ||
| Sold | |||
| Feb 25, 2021 | Listed by Keller Williams Realty | $269,000 | |
| Listed by Keller Williams Realty | |||
| Jun 10, 2011 | Sold | ||
| Sold | |||
Property Highlights
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
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Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Green Acres
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Currently no similar homes aroundNearby Rentals
Listed by: Pierre R LaPierre-Herrera, Keller Williams Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10000160
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10000160
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