$1,060,000
●
House -
Off Market
40 Old Spur Road
Youngsville, NC 27596
4 Beds
3 Baths,
1
Half Bath
3,800 Ft²
$1,170,044
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
WOW like new, built in 2017 - beautiful custom built home on flat
3.65 acres, in-ground heated salt water POOL, also featuring a 5
car garage! ALL the upgrades-1st floor owners suite, AND first
floor guest suite! Gourmet kitchen, granite counters, Jenn-Air SS
appliances, farm sink, double ovens - home is wired for a
generator! Incredible backyard w/custom designed hardscaping, koi
pond and irrigation system. Fenced backyard with water & electric
running to the back of property. Storage bldg, detached 2 car gar
with floored attic storage & xtra parking pad, Sealed crawl sp. The
property is a gardeners dream - Grape vines, fruit & berry trees,
in a beautiful tranquil location, minutes from Wegmans and
restaurants in Wake Forest.
Unit Size
3,800 Ft²
Days on Market
-
Land Size
3.65 acres
Price per sqft
$296
Property Type
House
Property Taxes
$440
HOA Dues
$22
Year Built
2017
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Cap Rate Calculator
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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: 13 months ago (TMLS #2457268)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Listed by Linda Craft Team, REALTORS | $1,125,000 | |
| Listed by Linda Craft Team, REALTORS | |||
| Dec 15, 2017 | Sold | ||
| Sold | |||
| Sep 7, 2017 | Listed by Coldwell Banker HPW | $516,341 | |
| Listed by Coldwell Banker HPW | |||
| | |||
|
1st Flr Master & Guest/Inlaw Suite! Kit: Granite Ctops, Cstm Cabs, Undr Cab Lightng, Tile Bksplsh, Center Island w/Brkfst Bar & Pendant Lights, Farm Sink, SS Appls; Gas Range, BltIn MW, DW, Pantry! MBR: Trey Ceiling, 2 Single Windows! MBath: Tile Floor, Sep Vanities w/Granite Ctops, GrdnTub, Sep Tle Srrnd Shower w/Hand Held Wand & Soap/Shampoo Niche! Family Room: Coffer Ceiling, 2Piece Crown, Cstm Srrnd Gas Log FP, Rec Lights! Scrn Porch! Hwds Thru Main Living Areas!
| |||
| Jun 23, 2017 | Sold | ||
| Sold | |||
Property Highlights
Garage
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
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Franklin
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Listed by: Linda Craft, Linda Craft Team, REALTORS
Last Updated: 13 months ago
Data Source: TMLS, MLS# 2457268
Last Updated: 13 months ago
Data Source: TMLS, MLS# 2457268
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