$510,000
●
House -
Off Market
201 Kipling Lane
Chapel Hill, NC 27516
2 Beds
2 Baths
1,535 Ft²
$3,548
Est. Monthly
$368
HOA / Fees
About This Property
Step into a home that feels as good as it looks! This beautiful two
bedroom, two bath home combines low maintenance living with
an active, connected lifestyle in one of Chapel Hill's most loved
active adult 55+ communities.
Residents rave about the forest views, friendly neighbors, and the endless ways to get involved from cooking and gardening to hiking, fitness, travel clubs, and water aerobics by the pool.
Inside, warmth and style blend effortlessly with hardwood floors, a gas fireplace, and a bright, open layout that's perfect for gatherings. The kitchen features sleek quartz countertops, soft close drawers, stainless steel appliances, and a gas range for the home chef.
The primary suite is your personal escape, complete with a tray ceiling, walk-in closet, and spa-like shower. With a spacious laundry room, two car garage, and an inviting fenced patio, every detail is designed for comfort.
You'll fall in love with the lifestyle here where every day feels both peaceful and connected.
Residents rave about the forest views, friendly neighbors, and the endless ways to get involved from cooking and gardening to hiking, fitness, travel clubs, and water aerobics by the pool.
Inside, warmth and style blend effortlessly with hardwood floors, a gas fireplace, and a bright, open layout that's perfect for gatherings. The kitchen features sleek quartz countertops, soft close drawers, stainless steel appliances, and a gas range for the home chef.
The primary suite is your personal escape, complete with a tray ceiling, walk-in closet, and spa-like shower. With a spacious laundry room, two car garage, and an inviting fenced patio, every detail is designed for comfort.
You'll fall in love with the lifestyle here where every day feels both peaceful and connected.
Unit Size
1,535 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$326
Property Type
House
Property Taxes
$725
HOA Dues
$368
Year Built
2018
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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 #10128239)
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Chapel Hill
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Listed by: Sharon Hocker, Keller Williams Elite Realty
Last Updated: 12 months ago
Data Source: TMLS, MLS# 10128239
Last Updated: 12 months ago
Data Source: TMLS, MLS# 10128239
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