$525,000
●
House -
Off Market
304 Summitview Loop
Cary, NC 27519
2 Beds
2 Baths
1,824 Ft²
$614,273
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Low-maintenance corner lot ranch in desirable West Cary 55+
community. Open floor plan centers around private garden patio.
Kitchen features granite counters, large island, tile backsplash &
sst appls. Engineered wood floors throughout, newly painted
interior, gas fireplace & much more. Roomy owner's suite w/ walk-in
closet, tile shower & double vanity. Screen porch w/ clip-in
EZE-Breeze windows. Split bedroom layout w/ guest bath. Synthetic
turf side yard & privacy fence. Community clubhouse, gym & pool.
Unit Size
1,824 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$288
Property Type
House
Property Taxes
$316
HOA Dues
$242
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 #2386030)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Nov 12, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Listed by NorthGroup Real Estate, Inc. | $629,000 | |
| Listed by NorthGroup Real Estate, Inc. | |||
| | |||
|
Welcome to this stunning one story luxury ranch, located in The Courtyards On O'Kelly Chapel (one of the Finest Active Adult Communities in the Triangle). This 2 Bedroom, 2 Bath +Office/Study sits on a large .314 acre corner lot. Step inside this immaculate all one level home to discover a modern residence boasting clean lines and an open floor plan that effortlessly blends spacious rooms and abundant natural light. This home is perfect for both relaxation and entertaining. Have your morning coffee in your private, screened porch attached to the impressive primary suite or a family gathering in your large, back patio. Don't miss the chance to make this tranquil retreat yours!
| |||
| Jun 30, 2021 | Sold | ||
| Sold | |||
| May 26, 2021 | Listed by EXP Realty LLC | $525,000 | |
| Listed by EXP Realty LLC | |||
| | |||
|
Low-maintenance corner lot ranch in desirable West Cary 55+ community. Open floor plan centers around private garden patio. Kitchen features granite counters, large island, tile backsplash & sst appls. Engineered wood floors throughout, newly painted interior, gas fireplace & much more. Roomy owner's suite w/ walk-in closet, tile shower & double vanity. Screen porch w/ clip-in EZE-Breeze windows. Split bedroom layout w/ guest bath. Synthetic turf side yard & privacy fence. Community clubhouse, gym & pool.
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Chatham
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Listed by: Danielle Harvey, EXP Realty LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2386030
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2386030
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