$572,000
●
House -
Off Market
307 Bear Tree Creek
Chapel Hill, NC 27517
3 Beds
3 Baths,
1
Half Bath
3,008 Ft²
$687,081
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Absolutely adorable home with private fenced backyard bordering
wooded common area! Entertain at the outdoor built-in grill space,
relax on the screened porch or soak in the sun on the large deck!
Two-story, light filled family room with gas fireplace open to
formal dining with an executive office tucked away. Cozy
breakfast/sitting rm off kitchen with gorgeous black granite tops.
Master on main. Upstair is 2bd, 2ba, large bonus, loft area and
walk in storage. Community pool, golf, and courts. Must See!
Unit Size
3,008 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$188
Property Type
House
Property Taxes
$326
HOA Dues
$92
Year Built
2002
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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 #2368415)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | Listed by The Preserve at Jordan Lake Re | $729,000 | |
| Listed by The Preserve at Jordan Lake Re | |||
| | |||
|
**BACK ON THE MARKET***** NO FAULT OF SELLER OR INSPECTION
Beautiful All-Brick 3-Bedroom Home in Golf Course Community**
Welcome to this cozy and inviting 3-bedroom, 3.5-bathroom home with 3,000 sq. ft. of living space, nestled in a desirable golf course community. This stunning property boasts a tankless hot water heater, a new roof (2019), and elegant plantation shutters throughout.
The main level features a luxurious master bedroom, offering single-level living like a ranch. The spacious family room, with its two-story ceiling and gas fireplace, flows seamlessly into the formal dining area, perfect for entertaining. An executive office provides a quiet workspace, while the breakfast room off the kitchen features gorgeous black granite countertops.
Upstairs, you'll find a large bonus room, a lofted area, and walk-in storage. The private backyard, bordered by a wooded common area, is an entertainer's dream with a built-in grill space, a screen porch, and a large deck for soaking up the sun.
Don't miss the opportunity to make this beautiful home yours!
| |||
| Apr 12, 2021 | Sold | ||
| Sold | |||
| Feb 23, 2021 | Listed by Century 21 Southern Lifestyles | $565,000 | |
| Listed by Century 21 Southern Lifestyles | |||
| Jun 20, 2003 | Sold | ||
| Sold | |||
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
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Sold On
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HOA + Taxes
About The Preserve
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Lorrie Marro, Century 21 Southern Lifestyles
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2368415
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2368415
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