$720,000
●
House -
Off Market
244 & 240 Old Maple Road
Warrenton, NC 27589
3 Beds
2 Baths,
1
Half Bath
2,836 Ft²
$789,732
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
151 AC FARM,Stream & 2 HOMES! 244 Old Maple 2007 hm w/ 2836 SF has
Breathtaking TIMBER FRAME/post & beam Trusses in 30x24 LR/DR, & 2
BRs. Cathedral, Vaulted WOOD ceilings/flrs, 2 story high Windows,
BA & 3rd BR/ office n walk-out BASEMENT. METAL ROOF! 240 Old Maple
2400 SF hm/SOLD AS IS/needs TOTAL renovation/has heat/elect/,well.
12+/- AC w/ 4 large electric FENCED PASTURES w/ connecting animal
travel lanes . TRUCK PATHS n woods.6 Metal Carports/animal shelter+
outblds. Kawaski "Mule"/mower stay @ $750 K
Unit Size
2,836 Ft²
Days on Market
-
Land Size
152.03 acres
Price per sqft
$264
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1901
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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 #2423104)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 5, 2024 | No longer available | - | |
| No longer available | |||
| Jan 4, 2024 | Relisted | $1,300,000 | |
| Relisted | |||
| Jan 3, 2024 | No longer available | - | |
| No longer available | |||
| Dec 4, 2023 | Listed by Garner Platinum Partners LLC | $1,300,000 | |
| Listed by Garner Platinum Partners LLC | |||
| | |||
|
This 150 + acre ranch, a beautiful blend of peace, nature and modern conveniences. Spacious home, with open beam and dowel rod construction has tall vaulted ceilings on both ends of the home, its a farm house like no other in the county. The main home was built in 2007 it is ready for your updates. The 4 pastures have connecting gates to help maintain control of any livestock as you move them. The Original farm house still stands and is ready for a full renovation. This North Carolina gem is the epitome of farm living, embracing all the natural wonders it has to offer. Embark on this agricultural journey and shape this land into your own vision. The opportunity is here for you. Call now to set up a viewing. The manager has listed the unit size as 2836 square feet.
| |||
| Feb 17, 2022 | Sold | ||
| Sold | |||
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Property Highlights
Garage
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Warren
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Listed by: Ann Hancock, C-21 Hancock Properties
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2423104
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2423104
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