$140,000
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Land -
Off Market
48 Duck Bill
Pittsboro, NC 27312
Studio
0 Bath
$166,822
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Beautiful high in demand flat golf lot on a short culdesac street.
Expansive views of the pond, green and fairway from your back deck,
along with gorgeous sunsets! Chapel Ridge is a wonderful golf
course community with resort-style living, and close to the up and
coming Chatham Park. Amenities include a pool, waterslide,
gym, sports courts, owners clubhouse and much more!
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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 #2420567)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 9, 2024 | Sold | ||
| Sold | |||
| Jul 13, 2023 | No longer available | - | |
| No longer available | |||
| Jul 8, 2023 | Listed by Absolute Realty Company, LLC | $1,100,000 | |
| Listed by Absolute Realty Company, LLC | |||
| | |||
|
Custom designed home on a flat lot with STUNNING golf/water view! Still time to make interior selections. Builder has homes to tour to see quality of work and design options. Open floor plan with 2 bedrooms and office on the first floor. Gourmet kitchen with wet bar opens to large screened in porch to take advantage of breathtaking view. 3 car garage has room for work bench. Tons of walk in storage upstairs. Sealed crawl and tankless water heater. Builder has other lots and plans.
| |||
| May 9, 2023 | Listed by Absolute Realty Company, LLC | $175,000 | |
| Listed by Absolute Realty Company, LLC | |||
| | |||
|
The views don't get better than this! AND it's on a flat lot on a cul-de-sac street!! There aren't any more of these left on the market. Expansive views of the pond, green and fairway from your back deck, along with gorgeous sunsets! Chapel Ridge is a golf course community with resort-style living, and close to the up and coming Chatham Park. Amenities include a pool, waterslide, gym, tennis, volleyball, basketball courts and owners clubhouse! Builder has many lots and plans
| |||
| Mar 22, 2022 | Sold | ||
| Sold | |||
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About Chapel Ridge
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Listed by: Melanie Thompson, Absolute Realty Company, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2420567
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2420567
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