$660,000
●
House -
Off Market
2033 Long Point Trail
Sanford, NC 27332
3 Beds
3 Baths,
1
Half Bath
3,559 Ft²
$3,265
Est. Monthly
$73
HOA / Fees
3.36%
Cap Rate
About This Property
Phenomenal WATERFRONT living opportunity! This stunning 3,559 sq ft
home sits on over 0.53 acres on Lake Trace, offering breathtaking
views & luxurious living spaces. Featuring 3 beds & 3.5 baths, with
a versatile 4th bedroom or office on the 3rd level, this home is
designed for comfort & convenience. The main level boasts a guest
suite or 2nd master bedroom complete w/ sitting room & rear deck.
The primary master suite, located on the 2nd level, includes a
sitting room, exercise area, and private covered balcony with
amazing lake views. Enjoy the convenience of a private boat dock,
perfect for water enthusiasts. Nestled in the desirable South
Landing section of Carolina Trace, residents can enjoy community
amenities such as a Bocce Ball Court and the community pool. With
easy access to both the main entrance and the rear entrance/exit on
Cox Mill Rd, this home is perfectly located for convenience and
luxury. Don't miss this incredible opportunity for waterfront
living at its finest!
Unit Size
3,559 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$183
Property Type
House
Property Taxes
-
HOA Dues
$73
Year Built
1988
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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 #LP728295)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Jul 1, 2024 | Listed by COLDWELL BANKER ADVANTAGE #5 (SANFORD) | $649,900 | |
| Listed by COLDWELL BANKER ADVANTAGE #5 (SANFORD) | |||
| | |||
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Phenomenal WATERFRONT living opportunity! This stunning 3,559 sq ft home sits on over 0.53 acres on Lake Trace, offering breathtaking views & luxurious living spaces. Featuring 3 beds & 3.5 baths, with a versatile 4th bedroom or office on the 3rd level, this home is designed for comfort & convenience. The main level boasts a guest suite or 2nd master bedroom complete w/ sitting room & rear deck. The primary master suite, located on the 2nd level, includes a sitting room, exercise area, and private covered balcony with amazing lake views. Enjoy the convenience of a private boat dock, perfect for water enthusiasts. Nestled in the desirable South Landing section of Carolina Trace, residents can enjoy community amenities such as a Bocce Ball Court and the community pool. With easy access to both the main entrance and the rear entrance/exit on Cox Mill Rd, this home is perfectly located for convenience and luxury. Don’t miss this incredible opportunity for waterfront living at its finest!
| |||
Property Highlights
Garage
Fireplace
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: CHRIS TACIA, COLDWELL BANKER ADVANTAGE #5 (SANFORD)
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP728295
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP728295
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