$233,000
●
House -
Off Market
212 N Allen Road
Wake Forest, NC 27587
3 Beds
2 Baths
1,316 Ft²
$266,655
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
RANCH living! 3 bed, 2 ba NEW CONSTRUCTION by Focus Residential.
Fiber cement siding, w/in shower, granite ctrs, laminate floors, SS
appliance package, tankless gas WH, patio, & a builder provided
warranty. No HOA! Covered rocking chair front porch will invite you
in for some rest & relaxation. Due to incredible amt of
calls/texts/emails: No Model Home. Likely to sell all as presales.
*Income limitations apply! *
Unit Size
1,316 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$177
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2021
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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 #2364252)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Sep 25, 2023 | Listed by Pate Realty Group | $310,000 | |
| Listed by Pate Realty Group | |||
| | |||
|
Walk to Downtown Wake Forest, a vibrant area that seamlessly blends rich history with modern charm. Its tree-lined streets boast a mix of classic architecture and contemporary businesses. Visitors and locals alike enjoy an array of boutique shops, eateries, and cafes. Periodic events, from art walks to farmers markets, keep the community engaged and create a welcoming atmosphere. The town's commitment to preserving its heritage, while also fostering growth, makes Downtown Wake Forest a desirable destination for both residents and tourists. No HOA. SS appliances, tankless gas water heater, fiber cement siding, laminate floors. Broadband internet available for WFH. Hard to find SFH for $325,000 or less.
| |||
| Aug 16, 2021 | Sold | ||
| Sold | |||
| Jan 11, 2021 | Listed by Keller Williams Preferred Realty | $233,000 | |
| Listed by Keller Williams Preferred Realty | |||
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
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Closing Price
Sold On
Sold On
HOA + Taxes
About Wake Forest
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Currently no similar homes aroundNearby Rentals
Listed by: Peter Kima, Keller Williams Preferred Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2364252
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2364252
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