$352,500
●
House -
Off Market
240 Scarlet Oak Run
Clayton, NC 27520
4 Beds
3 Baths
2,841 Ft²
$497,771
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
This Gorgeous RANCH is situated on 3.2 wooded acres and in the
highly desirable Oakwood Subdivision! Great open, split bedrm
plan with an additional Bedrm, Full Bath & Bonus Rm up.
Perfect for a teen or in-law suite! Gourmet kitchen
w/double oven, stainless appl. & butlers pantry. Elegant trey
ceiling in spacious master bedrm. Gleaming hardwoods on main.
ALL bedrms have walk in closets. Huge screened porch &
grilling deck. The walk in crawl space is sealed, insulated
w/de-humidifier. 3 car garage!
Unit Size
2,841 Ft²
Days on Market
-
Land Size
3.23 acres
Price per sqft
$126
Property Type
House
Property Taxes
$230
HOA Dues
$11
Year Built
2016
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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 #2317819)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2024 | Sold | ||
| Sold | |||
| Jan 26, 2024 | Listed by HomeTowne Realty | $529,900 | |
| Listed by HomeTowne Realty | |||
| | |||
|
WOWzers!! Fantastic Home & Rare Opportunity to Own 3+ Acres! Incredibly well maintained Ranch Plus 4 Bedroom plan, but lives like a 5 bedroom! Walk into Gorgeous hardwood floors & Tall ceilings, beautiful wainscoted Dining Room w/Big transom windows & LR Fireplace! Huge Master Ensuite w/Tray ceiling, french doors, dual vanity, soaking tub/Sep shower, water closet & HUGE W/I closet! Inviting open Kitchen boasts Granite tops, Tile backsplash, cascading mocha cabinetry, SS appliance pkg & more sexy hardwood floors! Upstairs lives like an AirBNB w/Big Bonus & 2nd Ensuite w/Oversized bedroom & full bath! Generously sized secondary bedrooms, BIG closets everywhere, butlers pantry, Full laundry room & Expansive 3 car garage!! Covered front porch, Screen porch & grilling deck offer a scenic private view over your 3.23 acre lot! Clear out more back yard, build a tree house, go camping or send the kids to go play in the woods! Great W/I crawl with so much room to store or create a hobby shop...the options are endless! Only a few years old & in wonderful move in ready condition!!
| |||
| Nov 9, 2023 | No longer available | - | |
| No longer available | |||
| Oct 24, 2023 | Price Decreased |
$535,500
↓ $14K
(2.6%) | |
| Price Decreased | |||
| Sep 21, 2023 | Price Decreased |
$549,900
↓ $15K
(2.7%) | |
| Price Decreased | |||
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Property Highlights
Garage
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Oakwood
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Listed by: Cheryl Rushing, EXP Realty LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2317819
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2317819
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