$385,000
●
House -
Off Market
269 Douglas Falls Drive
Wendell, NC 27591
3 Beds
2 Baths,
1
Half Bath
1,632 Ft²
$2,280
Est. Monthly
$100
HOA / Fees
4.86%
Cap Rate
About This Property
Welcome to your new lifestyle at Wendell Falls!! Stop the golf cart
and take a look at this beloved paper plan loaded with character
and natural light. As you step inside, you'll be greeted by the
separate dining area, a chef-style kitchen with a large island, and
a spacious living room - perfect for entertaining friends and
family. Hardwood floors, built-ins, and board and batten walls add
charm to the space.Heading upstairs, you'll find the large primary
retreat with double closets and a tiled bathroom, along with two
more cozy bedrooms. And don't forget about the detached 2-car
garage - plenty of space for your vehicles and storage needs! And
the best part? The fridge, washer, dryer, blinds, and fenced-in
yard are all included, so you can move right in and start living
your best life.Wendell Falls offers resort-style living, with the
convenience of walking to Tree Light Square for dinner and drinks,
or taking a golf cart to the farmhouse for live music. It's not
just a home, it's a staycation!
Unit Size
1,632 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$239
Property Type
House
Property Taxes
$265
HOA Dues
$100
Year Built
2020
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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 #10027166)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | Listed by Compass -- Raleigh | $389,900 | |
| Listed by Compass -- Raleigh | |||
Property Highlights
Garage
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 Wendell Falls
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Emilee Carraway, Compass -- Raleigh
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10027166
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10027166
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