2 St James Place
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | Listed by Nest Realty of the Triangle | $1,650,000 | |
| Listed by Nest Realty of the Triangle | |||
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Quintessential Chapel Hill Charm! A completely renovated, stunning sanctuary for casually sophisticated living and entertaining in one of Chapel Hill's most desirable legacy neighborhoods, nestled adjacent to the picturesque UNC campus. Timeless architecture with brick exterior, lush perennial plantings and iconic trees. Custom features throughout and meticulous attention to detail. Incredible kitchen with floor to ceiling cabinetry, expansive island, Subzero/Wolf appliances and an ultra accommodating pantry. Family room designed for a crowd, enjoy the incredible garden views from every window. Sunroom flows to a party ready patio that invites entertaining. Luxurious owners retreat on the main floor with soaking tub and walk-in closet. Sizable secondary bedrooms on the second and lower level. Truly a priceless gem in the heart of Chapel Hill!
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| Jul 7, 2021 | Sold | ||
| Sold | |||
| Oct 30, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017