$1,127,000
●
House -
Off Market
425 Nottingham Drive
Chapel Hill, NC 27517
3 Beds
2 Baths,
1
Half Bath
2,725 Ft²
$1,019,159
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Wonderful, well-loved home in The Oaks! Soaring ceilings in foyer &
family room make this light-filled home live larger than its size.
Updated kitchen w/newer quartz counters and appliances, including
gas cooktop & Bosch dishwasher. Pretty living room with fireplace
with gas line & vaulted ceiling; family room with cathedral
ceiling, gas log fireplace, built-ins, and a wall of windows
overlooking the deep, landscaped backyard. Spacious main level
primary suite w/sitting area, two walk-in closets, and updated
bathroom with marble counters & more. Upstairs find two bedrooms, a
loft, and access to two attics for storage. Enjoy the screened
porch, newer brick patio, and wooded views. Walk to the Chapel Hill
Country Club and enjoy the good life here in The Oaks!
Unit Size
2,725 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$376
Property Type
House
Property Taxes
$680
HOA Dues
$8
Year Built
1994
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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: 2 years ago (TMLS #2523338)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2023 | Sold | ||
| Sold | |||
| Jul 25, 2023 | Listed by Chapel Hill Realty Group, Inc. | $1,024,900 | |
| Listed by Chapel Hill Realty Group, Inc. | |||
| Sep 13, 2016 | Sold | ||
| Sold | |||
| Jul 13, 2016 | Listed by Chapel Hill Realty Group, Inc. | $675,000 | |
| Listed by Chapel Hill Realty Group, Inc. | |||
| Aug 5, 2008 | 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 The Oaks
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Denise P Kennihan, Chapel Hill Realty Group, Inc.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2523338
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2523338
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