$18,000
●
Land -
Off Market
3283 Edinburgh Drive
Sanford, NC 27332
Studio
0 Bath
$23,598
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Have you been looking to live in a quite gated community? Build
your dream home at Sedgemoor POA Community of Carolina Trace.
Public water, sewer, and utilities available. Walk to your
community pool and tennis. Carolina Trace offers two Robert Trent
Jones Courses, plus a beautiful lake for quiet boating, and
fishing. You will be able to over look the golf course. The lot is
absolutely beautiful!!
Unit Size
-
Days on Market
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Land Size
0.36 acres
Price per sqft
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Property Type
Land
Property Taxes
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HOA Dues
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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 #LP646506)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | Listed by EXP Realty LLC | $19,900 | |
| Listed by EXP Realty LLC | |||
| | |||
|
**OWNER FINANCING AVAILABLE**Current owner will finance, 10% down, 10% interest, with no payments! Balloon payment due at the end of 2024.
Embrace a life of luxury on this prime golf course lot nestled within a prestigious gated community featuring two Robert Trent Jones-designed courses. Enjoy direct access to lush greens from the 9th Tee of the Creek Course, 24/7 security, and a community pool. Located a short drive from Pinehurst, RDU Airport, and other various attractions, this lot offers both convenience and serenity. Craft your dream home amidst opulentsurroundings, whether you're a golf enthusiast or seeking an upscale lifestyle. Don't miss this rare opportunity; contact us today to secure your slice of paradise!
| |||
| Mar 21, 2023 | Sold | ||
| Sold | |||
| Nov 19, 2020 | Listed by COLDWELL BANKER ADVANTAGE #5 (SANFORD) | $22,900 | |
| Listed by COLDWELL BANKER ADVANTAGE #5 (SANFORD) | |||
| | |||
|
Have you been looking to live in a quite gated community? Build your dream home at Sedgemoor POA Community of Carolina Trace. Public water, sewer, and utilities available. Walk to your community pool and tennis. Carolina Trace offers two Robert Trent Jones Courses, plus a beautiful lake for quiet boating, and fishing. You will be able to over look the golf course. The lot is absolutely beautiful!!
| |||
| May 19, 2006 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Closing Price
Sold On
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About Lee
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Listed by: ADELA COSTELOW, COLDWELL BANKER ADVANTAGE #5 (SANFORD)
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP646506
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP646506
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