$1,280,000
●
House -
Off Market
420 Whitehead Circle
Chapel Hill, NC 27514
5 Beds
6 Baths,
1
Half Bath
5,101 Ft²
$1,408,035
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
The address for you, in Chapel Hills iconic zip code. Walk to UNC
Hospital, campus or town in minutes from your .88 acre garden sweet
spot. Liveable open floorplan with two living levels perfect for
entertaining or family. Built in 1952, brilliantly renovated with
modern amenities to make life easy. Filled with natural light and
space for work and play. Screened dining porch, terrace patio,
multi decks. Upscale apartment with separate entrance for inlaws or
rental. Huge garage. Electric car charger.
Unit Size
5,101 Ft²
Days on Market
-
Land Size
0.88 acres
Price per sqft
$272
Property Type
House
Property Taxes
$1,151
HOA Dues
-
Year Built
1952
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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 #2423683)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2022 | Sold | ||
| Sold | |||
| Dec 17, 2021 | Listed by Ride Realty, LLC | $1,389,000 | |
| Listed by Ride Realty, LLC | |||
| Nov 4, 2021 | Sold | ||
| Sold | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 15, 2018 | Listed | $1,050,000 | |
| Listed | |||
| | |||
|
Meticulous renovation. Walk to campus, UNC Hospitals, and, most importantly, the Smith Center. Complete in-law suite with full kitchen. 6 total BR and 5.5 BA. So many details! Tankless WH, sealed attic, spray foam insulation, 27 built in speakers, HDMI cable run throughout, Fiber internet, heated MB flooring, central vac, steam shower in MB, Ethernet in all bedrooms, expansive deck, screen porch, 3 high efficiency heat pumps. Must view Virtual Links to understand the full scope of the renovation! The manager has listed the unit size as 5214 square feet.
| |||
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 Whitehead Circle
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Mary K Shell, Ride Realty, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2423683
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2423683
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