$260,000
●
House -
Off Market
411 Thorncrest Drive
Apex, NC 27539
3 Beds
2 Baths,
1
Half Bath
1,550 Ft²
$350,517
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Sunset Hills, quiet neighborhood on a cul-de-sac. Lots of updates.
New wide plank flooring on first floor and 2 bedrooms. Gas heat and
gas hot water. 2 car garage with cabinets and additional storage
and epoxy floor finish.New carpet on stairs and upstairs hallway.
Recessed lights in kitchen. New SS appliances. Smart thermostat.
Outside light timers. Pergola and outside hardscape for backyard
entertaining. HOA includes pool & greenway is close by. Convenient
to I-540 and Rte. 1. Roof to be replaced May 5.
Unit Size
1,550 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$161
Property Type
House
Property Taxes
$178
HOA Dues
$112
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 #2315102)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Listed by Inhabit Real Estate | $385,000 | |
| Listed by Inhabit Real Estate | |||
| | |||
|
Nestled in a sweet pocket of Apex, this cutie is all buttoned up and ready for its next chapter! With Fall in full swing, soak up the cozy vibes in the welcoming living room with wood-burning fireplace. Bright dining room and kitchen with stainless appliances is ready for prepping and hosting a holiday feast! Step outside to the expansive backyard—nearly a third of an acre—with huge hand laid patio and privacy fence. The built-in firepit is perfect for roasting marshmallows and sipping cider under the crisp evening sky.
Upstairs, a spacious primary suite with vaulted ceilings, walk-in closet, and en suite bath is your own personal retreat. Two additional large bedrooms and updated bath are great for guests. 2 car garage has ample storage. HVAC, Furnace, and Roof all new in 2020! Located in one of the fastest-growing areas in the state, just minutes from all that the Triangle has to offer. This turn-key home is ready for you to settle in just in time for the holidays!
| |||
| Jun 1, 2020 | Sold | ||
| Sold | |||
| Apr 23, 2020 | Listed by Mark Spain Real Estate | $250,000 | |
| Listed by Mark Spain Real Estate | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Sunset Hills
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Listed by: Amy Huller, Mark Spain Real Estate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2315102
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2315102
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