$630,000
●
House -
Off Market
2438 Springview Trail
Chapel Hill, NC 27514
5 Beds
4 Baths,
1
Half Bath
3,100 Ft²
$3,527
Est. Monthly
4.84%
Cap Rate
About This Property
Nestled in the highly sought after Booker Creek community, 2438
Springview stands out as it is the largest home to be listed
in the neighborhood in over eight years. While the square footage,
five bedrooms, 3.5 bathrooms, and expansive fenced-in backyard
alone set this home apart from others in the surrounding it,
there is more! The highlight is the attached first floor
apartment/guest suite with a private entrance. Included in that
space are a bedroom, full bath, full kitchen, living room, and
dining room. This home gives its future owner ultimate
flexibility.
Nature enthusiasts will appreciate the proximity to the scenic Booker Creek Trail, perfect for leisurely walks and outdoor adventures. At the end of the 1 mile trail you emerge out of the fields and forest to arrive at Chapel Hill's bustling Blue Hill District. Trader Joe's, Aldi, Whole Foods, restaurants, and shops are all found there.
Nature enthusiasts will appreciate the proximity to the scenic Booker Creek Trail, perfect for leisurely walks and outdoor adventures. At the end of the 1 mile trail you emerge out of the fields and forest to arrive at Chapel Hill's bustling Blue Hill District. Trader Joe's, Aldi, Whole Foods, restaurants, and shops are all found there.
Unit Size
3,100 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$194
Property Type
House
Property Taxes
$581
HOA Dues
-
Year Built
1976
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #10065195)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Dec 8, 2024 | In contract | - | |
| In contract | |||
| Nov 26, 2024 | Listed by Compass -- Chapel Hill - Durham | $600,000 | |
| Listed by Compass -- Chapel Hill - Durham | |||
Property Highlights
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 Booker Creek
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Alex Nickodem, Compass -- Chapel Hill - Durham
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10065195
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10065195
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017