$455,000
●
House -
Off Market
169 Palmer Drive
Clayton, NC 27527
3 Beds
3 Baths
2,490 Ft²
$2,508
Est. Monthly
$40
HOA / Fees
About This Property
Delightful ranch situated on nearly an acre lot convenient to
downtown, restaurants, shopping, and other amenities! Easy access
to major highways making your commute a breeze. Updated kitchen
with custom white cabinets, stainless appliances, beautiful granite
counters, and stainless steel back splash. Living room with stone
fireplace. Beautiful site-finished hardwoods throughout main level.
Upstairs you'll find an enormous bonus room and office/flex space,
both with brand new carpet, and a full bath. 3-car attached garage
(3rd bay is heated) with separate access to another bonus/flex
space above. Cozy screened porch and an oversized deck overlooking
the private, fenced back yard. Schedule your appointment today -
you'll love what you see!
Unit Size
2,490 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$183
Property Type
House
Property Taxes
$234
HOA Dues
$40
Year Built
1996
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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: 12 months ago (TMLS #10073060)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 3, 2025 | In contract | - | |
| In contract | |||
| Jan 27, 2025 | Listed by Berkshire Hathaway HomeService | $455,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| | |||
|
Delightful ranch situated on nearly an acre lot convenient to downtown, restaurants, shopping, and other amenities! Easy access to major highways making your commute a breeze. Updated kitchen with custom white cabinets, stainless appliances, beautiful granite counters, and stainless steel back splash. Living room with stone fireplace. Beautiful site-finished hardwoods throughout main level. Upstairs you'll find an enormous bonus room and office/flex space, both with brand new carpet, and a full bath. 3-car attached garage (3rd bay is heated) with separate access to another bonus/flex space above. Cozy screened porch and an oversized deck overlooking the private, fenced back yard. Schedule your appointment today - you'll love what you see!
| |||
| Aug 31, 2007 | Sold | ||
| Sold | |||
| Oct 9, 2002 | Sold | ||
| Sold | |||
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
Closing Price
Sold On
Sold On
HOA + Taxes
About Glen Ridge
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Currently no similar homes aroundNearby Rentals
Listed by: John Rines, Berkshire Hathaway HomeService
Last Updated: 12 months ago
Data Source: TMLS, MLS# 10073060
Last Updated: 12 months ago
Data Source: TMLS, MLS# 10073060
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