$297,500
●
House -
Off Market
214 Silk Hope Drive
Cary, NC 27519
3 Beds
2 Baths,
1
Half Bath
1,662 Ft²
$431,213
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Light-filled & open on corner lot w/ fenced yard & huge double
deck. Upgraded stairway & cat walk spindles & hardwood flooring.
Spacious owner's suite w/ walk-in closet w/hardwood floors & lots
of natural light. Brand new stove & microwave, all stainless steel
appliances. Ceramic tile in kitchen & bathroom flooring.
Tankless hot water heater, roof 3 years old. Sought-after location.
Easy walk to pool, schools, playground, bike to Old Tobacco Trail,
Bond Park. Leaf Guard gutters (2 yrs), great storage.
Unit Size
1,662 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$171
Property Type
House
Property Taxes
$20,199
HOA Dues
$280
Year Built
1994
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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 #2202443)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 27, 2018 | Sold | ||
| Sold | |||
| Jul 8, 2018 | Listed by Keller Williams Realty Cary | $285,000 | |
| Listed by Keller Williams Realty Cary | |||
| Apr 10, 2015 | Sold | ||
| Sold | |||
| Mar 6, 2015 | Listed by ERA Live Moore | $249,900 | |
| Listed by ERA Live Moore | |||
| | |||
|
Great location in Cary,home situated on a corner lot with a large deck overlooking a fenced in backyard great for children and pets.Interior bathroom floors have been updated with six inch ceramic tile.Stairwell also nicely redone with rot iron spindles and walnut floors and railings.Catwalk overlooks family room from above. The family room with vaulted ceiling. Home has a large kitchen with plenty of cabinets and a half wall to view family room.The homes water is heated by a tankless Ranaii water heater.
| |||
| May 27, 1999 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
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 Park Village
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Cathleen O'Hannigan, Keller Williams Realty Cary
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2202443
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2202443
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