$373,000
●
House -
Off Market
3709 Arthur Pierce Road
Apex, NC 27539
3 Beds
2 Baths
2,110 Ft²
$397,406
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Wonderful home in an incredible location! Beautifully maintained!
Sitting on just over 3/4-acre lot this home features 3 bedrooms and
2 bathrooms with a bonus OR 4 bedrooms! Spacious living room with
separate dining or family room! Laminate flooring throughout 1st
floor and 2nd floor landing. Tile in kitchen. First floor owner's
bedroom! Spacious bedrooms on 2nd floor! Wired shed/workshop!
Water heater 2021, portion of roof replaced in 2021. Termite
inspection passed! Regularly serviced HVAC! Septic pumped every 2-3
years! Home was expanded in 2002, permitted. Reverse osmosis
filtration system! Gutter guards! 540 to be completed with easy
access and no city taxes! Shopping, restaurants, grocery and gyms
within 5 miles!
Unit Size
2,110 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$190
Property Type
House
Property Taxes
$155
HOA Dues
-
Year Built
1986
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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 #2526319)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 21, 2023 | Sold | ||
| Sold | |||
| Aug 10, 2023 | Listed by Carolina Real Estate Associate | $399,900 | |
| Listed by Carolina Real Estate Associate | |||
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Nov 14, 2019 | Price Decreased |
$269,900
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Oct 30, 2019 | Price Decreased |
$274,900
↓ $5K
(1.8%) | |
| Price Decreased | |||
Show More
Property Highlights
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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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Wake
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Currently no similar homes aroundNearby Rentals
Listed by: Emma Greijn, Carolina Real Estate Associate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2526319
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2526319
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