$630,000
●
House -
Off Market
3900 Marklyn Place
Hillsborough, NC 27278
3 Beds
2 Baths,
1
Half Bath
1,793 Ft²
$3,126
Est. Monthly
3.75%
Cap Rate
About This Property
Not quite Walden but we think you'll appreciate the modern
amenities of this 5+ acre woodland retreat! Nestled among the trees
just a few minutes south of Hillsborough in a small neighborhood
this retreat offers the privacy and seclusion you crave with the
proximity to town you need for those essentials Thoreau could do
without. Crabtree built 3 bedroom 2.5 bath one level home with a
garage/bonus addition that boasts lots of expansion possibilities
for a workout room down, or studio above in the easily finishable
space. The wood stove features prominently in the great room with
it's soaring ceilings and the open floorplan allows it to heat the
whole house quickly. Hardwood floors throughout the living area,
tile in the mud room, fenced rear yard for the pooches and don't
miss the screened porch which allows you to enjoy the setting
nearly year round. This one is a can't miss!
Unit Size
1,793 Ft²
Days on Market
-
Land Size
5.95 acres
Price per sqft
$321
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1998
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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 #10084156)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 25, 2025 | In contract | - | |
| In contract | |||
| Mar 21, 2025 | Listed by Inhabit Real Estate | $575,000 | |
| Listed by Inhabit Real Estate | |||
Property Highlights
Garage
Air Conditioning
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
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Orange
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Listed by: Tammi G Thornton, Inhabit Real Estate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10084156
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10084156
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