$350,000
●
House -
Off Market
271 Booth Road
Chapel Hill, NC 27516
3 Beds
1 Bath,
1
Half Bath
1,528 Ft²
$332,009
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
This sweet little ranch tucked back on an acre of wooded wonderland
delivers: renovated kitchen with center island, hardwood floors,
vinyl replacement windows, a HUGE screened side porch PLUS a tree
fort and two storage sheds out back. Hike along the east branch of
Price Creek in the neighborhood, or scoot up the road to Southern
Village for Movies on the Lawn. Less than 10 minutes to UNC and
less than 20 from Pittsboro, this charmer's pastoral setting belies
the true convenience of its location!
Unit Size
1,528 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$193
Property Type
House
Property Taxes
$195
HOA Dues
-
Year Built
1956
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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 #2405668)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | Listed by Coldwell Banker - HPW | $400,000 | |
| Listed by Coldwell Banker - HPW | |||
| | |||
|
MULTIPLE OFFERS-OFFER DEADLINE 3/18 @ 5PM-All-brick low-maintenance, efficient one level living, huge 23.5 x 13.5 living room. 1 acre lot, large fenced in backyard. Big screen porch, 2 year young back patio attached. Large primary bedroom; lots of closet space & attached ½ bath. Newer replacement windows, Beautiful hardwoods throughout most of the home. Circular driveway. Eating area next to kitchen features; lovely wood burning brick fireplace, built-in bookcases on either side. Beautiful thick wood paneling & skylight. Kitchen renovation; island, cabinets, butcher block countertops. 2 storage sheds, a tree house. Circular driveway and a rock wall that runs along the front. Vapor barrier in crawl.
8-10 mins to UNC Chapel Hill & UNC Hospitals. 11 mins DT Chapel HIll. County Taxes, Chapel Hill address.
| |||
| Oct 6, 2021 | Sold | ||
| Sold | |||
| Sep 2, 2021 | Listed by Inhabit Real Estate | $295,000 | |
| Listed by Inhabit Real Estate | |||
| Apr 16, 2008 | Sold | ||
| Sold | |||
Property Highlights
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
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HOA + Taxes
About Chatham
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Listed by: Tammi Brooks, Inhabit Real Estate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2405668
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2405668
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