$280,000
●
House -
Off Market
222 Mace Road
Mebane, NC 27302
3 Beds
1 Bath,
1
Half Bath
1,017 Ft²
$280,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
CUTE CUTE CUTE and LOCATION can't be beat AND sits on almost 3
acres! This adorable 3 bedroom home features a rocking chair front
porch, nice floors in the living area, tile floors in open kitchen
w/space for everyone to sit around the dinner table. Owner suite
has great closet space with a half bath that has room for a
bath/shower! Let's talk about the outside...Sit out on the back
deck and overlook the nice flat yard that is cleared and then you
have lots of wooded space for trails, camping nights or clear some
trees and have extra yard space. Home also has a shed and 2 car
freestanding carport. This lovely home is just minutes from Tanger
Outlets, dining and grocery. Ready for new owners!
Unit Size
1,017 Ft²
Days on Market
-
Land Size
2.97 acres
Price per sqft
$275
Property Type
House
Property Taxes
$150
HOA Dues
-
Year Built
1995
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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 #2535807)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 13, 2023 | Sold | ||
| Sold | |||
| Oct 5, 2023 | Listed by Keller Williams Elite Realty | $280,000 | |
| Listed by Keller Williams Elite Realty | |||
| Sep 30, 2020 | Sold | ||
| Sold | |||
| Jul 8, 2020 | Listed by Keller Williams Elite Realty | $205,000 | |
| Listed by Keller Williams Elite Realty | |||
| Nov 16, 2007 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Garage
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 Orange
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Stacy Slone, Keller Williams Elite Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2535807
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2535807
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