$365,000
●
House -
Off Market
2027 Ford Gates Drive
Garner, NC 27529
3 Beds
2 Baths
1,500 Ft²
$2,073
Est. Monthly
5.46%
Cap Rate
About This Property
New Paint in Living Room!!! Exquisitely Updated Ranch Plan!
Level Flooring/ Kitchen Totally Remodeled with Upgraded
Kitchen Cabinets and Counter Tops/ Natural Gas Stove and Electric
Hookup in Case Someone Prefers Electric/ Custom Built Cabinetry
Creates Additional Pantry Storage in Breakfast Nook/ Large Family
Room with Fireplace and Vaulted Ceiling/ Large Screened Porch and
Grilling Deck on Rear of Home/Fenced Yard for Your Pets/Split
Bedroom Plan For Owner;s Privacy/Owner's Suite Remodeled to Include
Custom Built Cabinetry and Remodeled Bathroom with Walk-In Shower/
Plenty of Closet Storage Here! Hall Bath has Been Updated as
Well/ Wooded Lot/ Roof is Less than One Year New!/ NO HOA... YAY!!!
No HOA DUES!!! YAY!!! Within 10 Minutes of Downtown
Raleigh and Close to Several Shopping Centers! Close to
Hospitals! Level Flooring so NO STAIRS EXCEPT FOR TWO STEPS
UP TO GET INTO THE HOME!!! Oversized One Car Garage/
Whole House Generator Does Not Convey But Could With
Acceptable Offer/ We Have Natural Gas Here!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$247
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1989
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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: 2 years ago (TMLS #10030885)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| May 22, 2024 | Listed by Fonville Morisey/Triangle East | $369,900 | |
| Listed by Fonville Morisey/Triangle East | |||
| | |||
|
New Paint in Living Room!!! Exquisitely Updated Ranch Plan! Level Flooring/ Kitchen Totally Remodeled with Upgraded Kitchen Cabinets and Counter Tops/ Natural Gas Stove and Electric Hookup in Case Someone Prefers Electric/ Custom Built Cabinetry Creates Additional Pantry Storage in Breakfast Nook/ Large Family Room with Fireplace and Vaulted Ceiling/ Large Screened Porch and Grilling Deck on Rear of Home/Fenced Yard for Your Pets/Split Bedroom Plan For Owner;s Privacy/Owner's Suite Remodeled to Include Custom Built Cabinetry and Remodeled Bathroom with Walk-In Shower/ Plenty of Closet Storage Here! Hall Bath has Been Updated as Well/ Wooded Lot/ Roof is Less than One Year New!/ NO HOA... YAY!!! No HOA DUES!!! YAY!!! Within 10 Minutes of Downtown Raleigh and Close to Several Shopping Centers! Close to Hospitals! Level Flooring so NO STAIRS EXCEPT FOR TWO STEPS UP TO GET INTO THE HOME!!! Oversized One Car Garage/ Whole House Generator Does Not Convey But Could With Acceptable Offer/ We Have Natural Gas Here!
| |||
| Mar 26, 2014 | Sold | ||
| Sold | |||
| Sep 30, 2005 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Beds
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ft²
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About The Woodlands
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Listed by: Richard Fleming, Long & Foster Real Estate INC/Triangle East
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10030885
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10030885
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