$490,000
●
House -
Off Market
2218 Millbrook Drive
Haw River, NC 27258
3 Beds
2 Baths,
1
Half Bath
2,274 Ft²
$2,699
Est. Monthly
About This Property
Back on market and ready to sell!! Custom built, all-brick,
one-level home on a beautiful, private 2-acre lot in Millbrook
Estates without HOA fees! That just checked a lot boxes, didn't
it!? Come out and take a look for yourself before it is gone.
Family room fireplace. Modern kitchen with solid tops and tile
backsplash. Extensive wood floors. Separate dining room and study
with glassed French doors. Split bedroom plan. Large master suite.
You want workshop, too? Well, you've got it with this home!
Workshop basement assessed via back of home is roughly 20' x 23'.
Almost forgot to mention, it has a three car garage as well.
Tasteful landscaping and a private view of the rear yard from the
screen porch or patio. Enormous walk-up attic that may give you
additional future flexibility - or keep as a large storage space.
All kitchen appliances convey along with the washer and dryer in
the separate laundry room (with sink and cabinets).
Unit Size
2,274 Ft²
Days on Market
-
Land Size
2.02 acres
Price per sqft
$220
Property Type
House
Property Taxes
$244
HOA Dues
-
Year Built
2008
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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: 11 months ago (TMLS #10130317)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2025 | Sold | ||
| Sold | |||
| Dec 8, 2025 | In contract | - | |
| In contract | |||
| Dec 5, 2025 | Relisted | $499,900 | |
| Relisted | |||
| Nov 13, 2025 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | Listed by Keep The Green Realty | $499,900 | |
| Listed by Keep The Green Realty | |||
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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
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 Alamance
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Listed by: Kurt E Pearson, Keep The Green Realty
Last Updated: 11 months ago
Data Source: TMLS, MLS# 10130317
Last Updated: 11 months ago
Data Source: TMLS, MLS# 10130317
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