$505,000
●
House -
Off Market
205 Hunter Street
Apex, NC 27502
3 Beds
2 Baths
1,638 Ft²
$2,780
Est. Monthly
4.50%
Cap Rate
About This Property
Own a piece of Apex history steps from Downtown! A part of both the
National Historic District and Apex's own Small Town Character
Overlay District, 205 Hunter is steeped in character and charm.
Walkability is an understatement! Only a quarter mile to downtown
shops and dining, Hunter Street Park, Rodgers Family Skate Plaza,
and a block from brand new Baucom Elementary School! Walk home
after enjoying a myriad of Downtown events and festivals, or stay
home and host your own special events for friends and family!
Welcome your guests in the bright open kitchen with large
island before moving the party outside to the expansive screened
porch, private pickle ball/ basketball court, and fenced backyard!
While the original home dates to the early 1900s, a thoughtful
addition created a true primary suite and laundry. Back left
bedroom/flex space not reflected in total livable SF due to ceiling
height, but has been used as bedroom and office for years. If in
need of even more shopping and dining options, it's mere minutes to
Beaver Creek Commons and Crossing!
Unit Size
1,638 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$317
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1930
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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 #10034195)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | Listed by DeRonja Real Estate | $519,000 | |
| Listed by DeRonja Real Estate | |||
| | |||
|
Own a piece of Apex history steps from Downtown! A part of both the National Historic District and Apex's own Small Town Character Overlay District, 205 Hunter is steeped in character and charm. Walkability is an understatement! Only a quarter mile to downtown shops and dining, Hunter Street Park, Rodgers Family Skate Plaza, and a block from brand new Baucom Elementary School! Walk home after enjoying a myriad of Downtown events and festivals, or stay home and host your own special events for friends and family! Welcome your guests in the bright open kitchen with large island before moving the party outside to the expansive screened porch, private pickle ball/ basketball court, and fenced backyard! While the original home dates to the early 1900s, a thoughtful addition created a true primary suite and laundry. Back left bedroom/flex space not reflected in total livable SF due to ceiling height, but has been used as bedroom and office for years. If in need of even more shopping and dining options, it's mere minutes to Beaver Creek Commons and Crossing!
| |||
| Dec 9, 1993 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
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 Apex
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Listed by: Greyson Sargent, Corcoran DeRonja Real Estate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10034195
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10034195
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