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Apex 27523 Charleston Village
2004 Passaic Way
$270,000
● House - Off Market

2004 Passaic Way

Apex, NC 27523
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,276 Ft²
$409,818
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Hard to find ranch home in Apex!  3BR/2Bath, Family Rooms w/ pass thru to Kitchen, Hardwoods in Family Room and Hall. Large deck for entertaining, Roof replaced in 2016, HVACs in 2009. Carpet replaced in 2018.
Unit Size
1,276 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$219
Property Type
House
Property Taxes
$169
HOA Dues
$45
Year Built
1997

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 2 years ago (TMLS #2261683)

Price History

Date / Event Date Event Price
Aug 15, 2019 Sold
Premium
Sold
Jun 15, 2019 Listed by Coldwell Banker HPW $279,500
Listed by Coldwell Banker HPW
Mar 20, 2018 Sold
Premium
Sold
Feb 16, 2018 Listed by Coldwell Banker HPW $259,900
Listed by Coldwell Banker HPW

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,246
  • Building Area: 1,246
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,246
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHARLESTON VILLAGE
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO52 CHARLESTON VLG PH2 SC4 BM1996-01750

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053409

Zoning

  • Zoning: MD-CU

Geography

  • Account Number: 0232887
  • District: 20
  • Subdivision Phase Number: 2
  • Parcel: 0733.04-82-3414 0232887
  • Lot: 52
  • Municipality: WHITE OAK
  • Latitude: 35.7624
  • Longitude: -78.8708

    Address

  • Full Address: 2004 Passaic Way
  • Address - House Number: 2004
  • Address - Street Name: Passaic
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Apex
  • Carrier Code: R035
  • 4-Digit Zip Code: 5152
  • Zip Code: 27523

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $279,791

    Appraisal Valuation

  • Standard Deviation: 0.1401
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 83
  • Final Value: 435,824
  • High Value: 496,907
  • Low Value: 374,740

    Market Valuation

  • Market Total Value: $269,831
  • Market Land Value: $120,000
  • Market Improvement Value: $149,831

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $269,831
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $149,831

    Sales

  • Current Sale Contract Date: Aug 12, 2019
  • Current Sale Recording Date: Aug 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Mar 20, 2018
  • Previous Sale Contract Date: Mar 12, 2018
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Charleston Village

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$264

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2165 ft²

Average Home Age

27 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 223 Churchview Street, Cary, NC, 27513

$2,222 /mo

  • 3 Beds
  • 2 Baths
  • 1,714 ft²
223 Churchview Street, Cary, NC, 27513 Listing by Cindy Cirillo
Unit for rent at 1010 Drayman Place, Apex, NC, 27502

$2,300 /mo

  • 4 Beds
  • 3 Baths
  • 2,500 ft²
1010 Drayman Place, Apex, NC, 27502 Listing by Hope Sun
Unit for rent at 661 Grand Central Station, Apex, NC, 27502

$2,300 /mo

  • 3 Beds
  • 3 Baths
  • 2,211 ft²
661 Grand Central Station, Apex, NC, 27502 Listing by Colleen Lawrence

Rentals Near You

Click here to view more rentals in the neighborhood.
TMLS

Listed by: Harrison Tulloss, Coldwell Banker HPW
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2261683
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.

Frequently Asked Questions

When was property at 2004 Passaic Way built and last sold?
The property at 2004 Passaic Way was built in 1997 and last sold on Aug 12, 2019 for $270,000.
How much is this home worth?
The estimated value of the home located at 2004 Passaic Way is $281,482.
What are some comparable homes to 2004 Passaic Way?
There are currently no comparable homes to 2004 Passaic Way.
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