$336,999
●
House -
Off Market
2820 Ricolden Trail
Elon, NC 27244
3 Beds
2 Baths
1,572 Ft²
$1,775
Est. Monthly
5.61%
Cap Rate
About This Property
New Construction | 3BR, 2BA Home | Elon, NC
Welcome to your brand-new dream home in Elon! This beautifully crafted 3-bedroom, 2-bath home offers modern comfort and convienence. Step inside to discover an open-concept layout filled with natural light, perfect for both everyday living and entertaining.
The kitchen is a showstopper, featuring sleek stainless steel appliances including a stove, refrigerator, dishwasher, and built-in microwave-all included. Enjoy preparing meals in style while overlooking the spacious living and dining areas.
The primary suite boasts a private full bath and generous WIC closet space, while two additional bedrooms offer flexibility for family, guests, or a home office. Modern finishes throughout the home ensure low-maintenance living and timeless appeal.
Located just minutes from Elon University, shopping, and dining, this home provides both comfort and convenience in a peacetul neighborhood setting. Don't miss this opportunity to own a brand-new home in one of Alamance County's most desirable locations!
Schedule your showing today! Seller is offering $5000 in flex cash. Estimated completion late Aug/early Sept
Welcome to your brand-new dream home in Elon! This beautifully crafted 3-bedroom, 2-bath home offers modern comfort and convienence. Step inside to discover an open-concept layout filled with natural light, perfect for both everyday living and entertaining.
The kitchen is a showstopper, featuring sleek stainless steel appliances including a stove, refrigerator, dishwasher, and built-in microwave-all included. Enjoy preparing meals in style while overlooking the spacious living and dining areas.
The primary suite boasts a private full bath and generous WIC closet space, while two additional bedrooms offer flexibility for family, guests, or a home office. Modern finishes throughout the home ensure low-maintenance living and timeless appeal.
Located just minutes from Elon University, shopping, and dining, this home provides both comfort and convenience in a peacetul neighborhood setting. Don't miss this opportunity to own a brand-new home in one of Alamance County's most desirable locations!
Schedule your showing today! Seller is offering $5000 in flex cash. Estimated completion late Aug/early Sept
Unit Size
1,572 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$214
Property Type
House
Property Taxes
$119
HOA Dues
-
Year Built
-
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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 #10100742)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2025 | Sold | ||
| Sold | |||
| Jun 26, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Listed by Re/MaxDiamond Realty | $336,999 | |
| Listed by Re/MaxDiamond Realty | |||
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About Ossipee
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Listed by: Anthony Bijan Hezar, Re/MaxDiamond Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10100742
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10100742
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