$250,000
●
House -
Off Market
472 Cedar Lane
Mebane, NC 27302
3 Beds
1 Bath,
1
Half Bath
1,015 Ft²
$1,397
Est. Monthly
7.69%
Cap Rate
About This Property
Welcome to 472 Cedar Lane, your charming ranch-style retreat in the
heart of Mebane, NC! This home offers 3 bedrooms, 1.5 baths, and a
thoughtfully designed open floorplan filled with abundant natural
light. Step inside to discover new LVP flooring and a cozy kitchen
featuring new counters accompanied by stainless steel appliances,
perfectly blending modern comfort with timeless charm.
Outside, a spacious backyard awaits on a generous .38-acre lot, complete with an expansive paved patio framed by a large wooden pergola-perfect for relaxing or entertaining under enchanting string lights. Enjoy hosting barbecues, gatherings, or simply unwinding in your personal outdoor oasis.
Conveniently located just minutes from major highways I-85 and I-40, providing easy commutes to nearby cities. Indulge in retail therapy at the popular Tanger Outlets, savor meals at local eateries, or explore numerous nearby shops and attractions. With 1,015 sq ft of inviting living space and a prime location, this home truly captures the essence of comfortable and convenient living. Come experience it for yourself!
Outside, a spacious backyard awaits on a generous .38-acre lot, complete with an expansive paved patio framed by a large wooden pergola-perfect for relaxing or entertaining under enchanting string lights. Enjoy hosting barbecues, gatherings, or simply unwinding in your personal outdoor oasis.
Conveniently located just minutes from major highways I-85 and I-40, providing easy commutes to nearby cities. Indulge in retail therapy at the popular Tanger Outlets, savor meals at local eateries, or explore numerous nearby shops and attractions. With 1,015 sq ft of inviting living space and a prime location, this home truly captures the essence of comfortable and convenient living. Come experience it for yourself!
Unit Size
1,015 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$246
Property Type
House
Property Taxes
$169
HOA Dues
-
Year Built
1981
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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 #10085207)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2025 | Sold | ||
| Sold | |||
| Aug 19, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Price Decreased |
$250,000
↓ $5K
(2%) | |
| Price Decreased | |||
| Jul 15, 2025 | Price Decreased |
$255,000
↓ $10K
(3.8%) | |
| Price Decreased | |||
| Jun 16, 2025 | Price Decreased |
$265,000
↓ $5K
(1.9%) | |
| Price Decreased | |||
Show More
Property Highlights
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 Mebane
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Listed by: Victor Barreiro, 1800 Real Estate, Inc.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10085207
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10085207
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