$1,038,214
●
House -
Off Market
206C Laurel Avenue
Carrboro, NC 27510
4 Beds
3 Baths
2,823 Ft²
$5,524
Est. Monthly
2.63%
Cap Rate
About This Property
WOW! New & improved design inside & out! 4 bedrooms/3 full
baths + bonus,loft & garage! Modern Style & functional. A
pre-construction opportunity just 1 block to Carrboro's farmer's
market & 3 blocks to Weaver Street Market. A rare flat open lot.
Interior features hardwood floors on main level, large kitchen with
large breakfast island, quartz tops, stainless appliances, tile
backsplash & convenient adjacent drop zone for those book bags,
shoes & coats. The open plan makes entertaining or holidays a
breeze! Sliding doors to the covered porch & backyard BBQ's. Main
floor guest room with full bath doubles as a great home office.
Upstairs welcomes you with a loft/library, rounded-out
by 2 more bedrooms, upstairs laundry room, bonus rm, and spacious
primary suite with en-suite bath & large walk-in closet. 1-car
garage. This is a pre-sale opportunity so buyer can select their
interior finishes, fixtures, appliances, & more.
Unit Size
2,823 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$368
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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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 #2485137)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2022 | Listed by Compass -- Chapel Hill - Durham | $1,040,000 | |
| Listed by Compass -- Chapel Hill - Durham | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Comparables
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Status
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Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lincoln Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Tom J Wiltberger, Compass -- Chapel Hill - Durham
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2485137
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2485137
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