$613,000
●
House -
Off Market
213 Tumbling River Drive
Wendell, NC 27591
4 Beds
2 Baths,
1
Half Bath
2,520 Ft²
$629,197
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Live a beautiful life in Wendell Falls*With a full-time activities
director, a salt-water pool and a fitness center; being away from
home will be as lovely as being home*Current owners have a surprise
job transfer, so they are leaving an almost- new, gorgeous,
energy-efficient beauty*The main floor owners' suite, open
floorplan and fantastic screened porch are perfect for today's
lifestyle*Sellers upgraded gas range and added custom molding in
dining room*Fenced yard*Walk-in attic.
Unit Size
2,520 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$244
Property Type
House
Property Taxes
$68
HOA Dues
$95
Year Built
2021
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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 #2452046)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| Feb 9, 2024 | Listed by Berkshire Hathaway HomeService | $624,900 | |
| Listed by Berkshire Hathaway HomeService | |||
| | |||
|
It's a lifestyle! With greenway trails, salt water pool, outdoor yoga, outdoor concerts, fitness center, activities director... it is a resort experience everyday in Wendell Falls!
The Hertford Plan by Dickerson is the IDEAL floor plan that flows for entertaining family & friends, yet has all of the cozy areas you long for in a home. First floor primary bedroom with fabulous bath and large walk-in closet. Spacious bedrooms upstairs and walk-in attic, which could be finished for flex space or 5th bedroom. Custom features and upgrades make this one exceptional: gas range with convection oven and air fryer, tankless water heater, custom moldings, built-ins, luxe fixtures, upgraded railings, detailed feature wall, sealed crawlspace. Green certified home with energy efficient systems. Low utility bills!
The screened porch and fenced yard add superior outdoor living space. Just 15 minutes to downtown Raleigh; convenient access to major highways to UNC, Duke, RTP and RDU.
| |||
| Jul 20, 2022 | Sold | ||
| Sold | |||
| May 27, 2022 | Listed by RE/MAX United | $615,000 | |
| Listed by RE/MAX United | |||
| Jan 31, 2022 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Wendell Falls
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Listed by: Kitty Stockton, RE/MAX United
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2452046
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2452046
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