$375,000
●
House -
Off Market
40 Silver Maple Drive
Elon, NC 27244
5 Beds
3 Baths
$533,821
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
A MUST SEE!! Immaculate! Fabulous 4-sided brick home in
Western School District located in Ashley Woods offering community
pool and tennis! 4 or 5 BR's, 3 full BA's with over 2900 sq.
ft, Side entry Dbl garage. Dining w coffered ceiling & HW floors in
main living areas; Family Rm w gas log FP & Structural wiring /TV
mount. Main level Master Suite w trey ceiling, WIC, Tile shower &
garden tub. BR #2 w access to full bath w walk-in shower on main
level. Kitchen w center island, granite countertops, tiled
backsplash, stainless appliances, gas range, French door
refrigerator, breakfast area, pantry. 2nd level w BR 3 & 4, Lg
Bonus w closet could be BR 5, Loft. Screened porch, 12 x 19
patio w private back, Cul-de-sac location is convenient to Elon
University, shopping, restaurants and travel on I-40. on I-40.
Unit Size
-
Days on Market
-
Land Size
0.39 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
$73
Year Built
2017
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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 #108675)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2020 | Sold | ||
| Sold | |||
| May 11, 2020 | Listed by Allen Tate/Burlington | $385,000 | |
| Listed by Allen Tate/Burlington | |||
| Sep 13, 2018 | Sold | ||
| Sold | |||
| Sep 5, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $364,000 | |
| Listed | |||
| | |||
|
REDUCED $20,000 + BUILDER TO PAY ALL CLOSING COSTS!!! NEW CONSTRUCTION ... READY FOR MOVE-IN!!! The Cotswold Plan (Lot 94 Ashley Woods). 2918 Square Feet, 5 Bedroom / 3 Bathroom has a Master and Guest Bedroom on the 1st FLR with 3 Add'l Bedrooms and a Loft on the Second Floor. Large Kitchen with Maple Cabinets, Granite Counters, Gas Range with Convection Oven. Lots of Hardwoods & Ceramic Tile. Covered Screened In Porch. Ready for Move-In!
| |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Gibsonville
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Currently no similar homes aroundNearby Rentals
Listed by: Karen Lyon, Allen Tate/Burlington
Last Updated: 2 years ago
Data Source: TMLS, MLS# 108675
Last Updated: 2 years ago
Data Source: TMLS, MLS# 108675
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