$250,000
●
Land -
For Sale
307 Hunter Street
Apex, NC 27502
Studio
0 Bath
$1,337
Est. Monthly
About This Property
Two adjacent VACANT parcels zoned Townhome. 307 Hunter St #A
& 307 Hunter St #B to be sold together. Absolutely no HOA!
Perfect location in the heart of downtown Apex. Google
Fiber, Spectrum, AT&T, sewer, water all utilities available in
Hunter Street. Located 1/4 mile from Hunter Street Park
(Skate Park, Soccer Fields, & Softball Field) & Apex Town Hall
Campus. Price is $250K for each of the two vacant properties.
$500K for both. These 2 properties will hold two
townhomes 16ft wide each. Total 32' wide. Depth 40ft.
Each 3 story townhome can be 2048 square feet each (if 2nd &
3rd story are cantilevered 2ft front & back). These are
currently the only 2 vacant parcels for sale inside the Apex
Peakway. Located directly across from newly renovated Baucom
Elementary School.
Unit Size
-
Days on Market
56 days
Land Size
0.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
$109
HOA Dues
-
Year Built
1989
Listed By
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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 months ago (TMLS #10189926)
Price History
Property Highlights
Exterior Details
Lot Features: Zero Lot Line
Lot Size Area: 0.06
Lot Size Units: Acres
Lot Size Acres: 0.06
Lot Size Square Feet: 2613.6
Lot Size Dimensions: 120 x 21
Water Source: Public
Financial Details
Tax Assessed Value: $150,000
Tax Annual Amount: $1,310
Utilities Details
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Apex
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Listed by: Craig Tribus, BEYCOME BROKERAGE REALTY LLC
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10189926
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10189926
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