$310,000
●
House -
Off Market
1822 Rye Road
Sanford, NC 27332
3 Beds
2 Baths,
1
Half Bath
1,883 Ft²
$1,676
Est. Monthly
$80
HOA / Fees
6.91%
Cap Rate
About This Property
A private and serene home located in the exclusive Carolina Trace
neighborhood. This home boasts over 2,100 square foot, a master on
the main with a luxurious master bath, 2 additional bedrooms
upstairs, granite countertops, a large driveway, and all the
natural wildlife that Carolina Trace is accustomed to. The home is
located on a quiet cul-de-sac within the Laurel Thicket POA. There
is a community pool and pickle ball court. Carolina Trace is home
to not one, but two golf courses designed by the well-known Robert
Trent Jones, a 315+ acre lake, 24 hour guarded security gate, and
just minutes from shopping and major highways for commuting.
Unit Size
1,883 Ft²
Days on Market
-
Land Size
-
Price per sqft
$173
Property Type
House
Property Taxes
-
HOA Dues
$80
Year Built
1995
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #LP723455)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | Listed by ADCOCK REAL ESTATE SERVICES | $325,000 | |
| Listed by ADCOCK REAL ESTATE SERVICES | |||
| Apr 4, 2024 | No longer available | - | |
| No longer available | |||
| Nov 24, 2023 | Listed by EPP COMMERCIAL, LLC. | $315,000 | |
| Listed by EPP COMMERCIAL, LLC. | |||
| | |||
|
Beautiful Cottage like home tucked away on a cup-de-sac in Carolina Trace neighborhood. This 3 bedroom, 2.5 bathroom, a car side entry garage is ready for you to enjoy. Downstairs you will walk into the large living room that features a fireplace, The kitchen has granite counters, island, tile backsplash and beautiful cabinets and a large eat in area. Off the kitchen you walk through the beautiful French doors into a large bonus room that has endless potential. On the way to Master suite you will pass the half bath that also houses the washer and dryer/laundry area. Master bath features a large vanity, a large stand in shower and the master closer! Upstairs you will find the two secondary bedrooms with so many unique and charming touches, and another full bathroom. Outside you will find a patio with firepit overlooking the mature landscaping with loads of privacy, the wonderful brand new driveway. The manager has listed the unit size as 2112 square feet.
| |||
| Oct 25, 2023 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Garage
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 Lee
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Leonard "Beau" Beaudry, ADCOCK REAL ESTATE SERVICES
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP723455
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP723455
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017