$4,930,000
●
House -
Off Market
170 Mountaintop Circle
Pittsboro, NC 27312
5 Beds
5 Baths,
4
Half Baths
8,438 Ft²
$22,186
Est. Monthly
$465
HOA / Fees
0.59%
Cap Rate
About This Property
This is a new home community with country estate living, while
located close to many of the Triangle-area's top destinations. With
homesites ranging from one-acre to just under seven-acres and an
elevation peak rising 600-feet above the community gas lit
entrance, Summit offers a land plan that allows its homes to be
gently stair-stepped into the mountainside for stunning views.
Unit Size
8,438 Ft²
Days on Market
-
Land Size
6.30 acres
Price per sqft
$520
Property Type
House
Property Taxes
$165
HOA Dues
$465
Year Built
-
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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 #2513863)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Jun 1, 2023 | Listed by Windjam Properties | $4,389,900 | |
| Listed by Windjam Properties | |||
| | |||
|
This is a new home community with country estate living, while located close to many of the Triangle-area’s top destinations. With homesites ranging from one-acre to just under seven-acres and an elevation peak rising 600-feet above the community gas lit entrance, Summit offers a land plan that allows its homes to be gently stair-stepped into the mountainside for stunning views.
| |||
| Oct 3, 2022 | Sold | ||
| Sold | |||
| Apr 16, 2021 | Listed by Windjam Properties | $700,000 | |
| Listed by Windjam Properties | |||
| | |||
|
LIVE ABOVE. The Summit is an exclusive new home community with country estate living, while located close to many of the Triangle-area’s top destinations. This homesite is over 6 Acres with wooded entry and amazing pasture-like setting. The Summit offers a land plan that allows its homes to be gently stair-stepped into the mountainside for stunning views of the surrounding areas. This site selection is secluded open and level on the lower level of the community.
| |||
Property Highlights
Garage
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 The Hamptons
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Rex Osborne, Windjam Properties
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2513863
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2513863
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