$276,000
●
Condo -
Off Market
325 Springfork Drive #325
Cary, NC 27513
2 Beds
2 Baths
1,440 Ft²
$295,384
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Gorgeous lake view, Updated, Main floor, NO STAIRS meticulously
kept condo. Walking distance to great shopping and dinning, (
gourmet restaurants , bakeries and microbreweries), centrally
located to 540 , 440, SAS and RTP. spacious master bed and family
room, study or BR #3, WI closet, 2 full bath, open floor plan,
hardwood floors gas fireplace. beautiful lake, pool, trails,
, club house, Samsung SS appliances 2 yrs new all convey. HVAC 4
month new, new lighting, fixtures. Water/trash included in HOA.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
-
Price per sqft
$169
Property Type
Condo
Property Taxes
$161
HOA Dues
$315
Year Built
1997
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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 #2371266)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2021 | Sold | ||
| Sold | |||
| Mar 9, 2021 | Listed by Safe Harbour Properties, LLC | $242,900 | |
| Listed by Safe Harbour Properties, LLC | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Assigned, Parking Lot
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Entrance Foyer, High Ceilings, Pantry, Master Downstairs, Soaking Tub, Storage, Bathtub Only, Living/Dining Room Combination, Shower Only, Walk-In Shower
Appliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Washer
Flooring Type: Carpet, Hardwood, Vinyl
Laundry Features: Main Level
Rooms: 6
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 1440
Architectural Style: Transitional
Year Built: 1998
Building Area Total: 1440
Levels: One
Building Area Units: Square Feet
Construction Materials: Vinyl Siding
Patio and Porch Features: Deck
Pool Features: In Ground
Lot Features: Near Public Transit
Lot Size Units: Square Feet
Lot Size Dimensions: 0.000
Water Source: Public
Financial Details
Tax Annual Amount: $1,935
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water, Road Maintenance, Storm Water Maintenance
HOA/Condo/Coop Amenities: Clubhouse, Pool, Trail(s)
HOA Fee: $270
HOA Fee Frequency: Monthly
Condo/Coop Fee: $45
Condo/Coop Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/09/2021
|
2 Bed
|
2 Bath
|
1440 ft²
|
$242,900
2 Bed
2 Bath
1440 ft²
|
$276,000
+13.63%
04/15/2021
|
Hugh Mokry
Safe Harbour Properties, LLC
|
Building Info
About Cedar Pointe Condominiums
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Listed by: Hugh Mokry, Safe Harbour Properties, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2371266
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2371266
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