$255,000
●
House -
Off Market
228 Kay Lane
Angier, NC 27501
3 Beds
2 Baths
1,341 Ft²
$1,447
Est. Monthly
7.96%
Cap Rate
About This Property
Back on the market with a price improvement! Come check out this
beautiful 3 bedroom 2 bathroom home with a home office on a quaint
street close to downtown Angier. This house is the perfect place
for a family to settle in and make it their home. The dreamy front
porch is perfect for sitting and enjoying some sweet tea on these
nice spring nights. Not to mention the back deck and yard that are
great for hosting a summer cookout. The location of this home
cannot be any better! Minutes away from downtown Angier and walking
distance to Jack Marley park. Come checkout this stunning house as
it wont last long!
Unit Size
1,341 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$194
Property Type
House
Property Taxes
$170
HOA Dues
-
Year Built
1987
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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 #10016463)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Mar 11, 2024 | Listed by Lines Realty Company, LLC | $260,000 | |
| Listed by Lines Realty Company, LLC | |||
| | |||
|
Back on the market with a price improvement! Come check out this beautiful 3 bedroom 2 bathroom home with a home office on a quaint street close to downtown Angier. This house is the perfect place for a family to settle in and make it their home. The dreamy front porch is perfect for sitting and enjoying some sweet tea on these nice spring nights. Not to mention the back deck and yard that are great for hosting a summer cookout. The location of this home cannot be any better! Minutes away from downtown Angier and walking distance to Jack Marley park. Come checkout this stunning house as it wont last long!
| |||
| May 26, 2017 | Sold | ||
| Sold | |||
| Mar 16, 2017 | Listed by Lines Realty Company, LLC | $139,900 | |
| Listed by Lines Realty Company, LLC | |||
| Oct 26, 2016 | Sold | ||
| Sold | |||
Property Highlights
Parking Available
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lake Angier Estate
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Ethan Louis Lines, Lines Realty Company, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10016463
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10016463
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