$940,000
●
House -
Off Market
400 Nottingham Drive
Chapel Hill, NC 27517
5 Beds
6 Baths,
1
Half Bath
4,978 Ft²
$1,516,984
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
One owner transitional on the golf course in the Oaks! Excellent
floor plan with optimal room sizes featuring heavy crown moldings,
hardwood flooring, formal living and dining rooms, main level
master with sumptuous spa, main level guest bed with bath en suite,
open kitchen to great room with vaulted ceiling, study on main. 2nd
floor has bonus and two beds sharing jack and jill, third bed
across from hall bath. Back deck perfect for enjoying the vistas
and Carolina nights; CHCC just down the way.
Unit Size
4,978 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$191
Property Type
House
Property Taxes
-
HOA Dues
$6
Year Built
1999
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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 #2121576)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2022 | No longer available | - | |
| No longer available | |||
| Mar 14, 2022 | Listed by Chapel Hill Realty Group | $2,349,000 | |
| Listed by Chapel Hill Realty Group | |||
| | |||
|
Makeover masterpiece to this traditional design overlooking the 7th fairway of the CHCC. Raised panels, wainscotting, tray/volume/coffered ceilings, Taj Mahal quartzite, Wolf & Sub-Zero, open plan from kitchen to nook to family, formal dining and music room. Master w/ 2 walk-ins and laundry, dressing room- dreamy spa w/ heated floors, cast iron tub, sumptuous shower, 2 vanities, main level office/bed, 2nd floor w/ 3 beds and bonus, lower lever expansion and storage, exquisite landscaping w/ stone accents. The manager has listed the unit size as 4978 square feet.
| |||
| Sep 11, 2021 | No longer available | - | |
| No longer available | |||
| Aug 18, 2021 | Listed by Chapel Hill Realty Group, Inc. | $2,445,000 | |
| Listed by Chapel Hill Realty Group, Inc. | |||
| | |||
|
Makeover masterpiece to this traditional design-overlooking 7th fairway of the CHCC. Raised panels, wainscotting, tray/volume/coffered ceilings, Taj Mahal quartzite, Wolf and Sub-Zero, open floor plan from kitchen to nook to family, formal dining and music room. Master features 2 walk ins and laundry, dressing room- dreamy spa with heated floors, cast iron tub, sumptuous shower, double vanity, main level office, 2nd floor has 3 beds and bonus, lower level expansion, extensive landscaping w/stone accents The manager has listed the unit size as 4978 square feet.
| |||
| Jul 14, 2017 | Sold | ||
| Sold | |||
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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 The Oaks
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Listed by: Jay Kennihan, Chapel Hill Realty Group, Inc.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2121576
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2121576
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