Custom-built in 2021 and surrounded by woods with a flowing creek
on almost two private acres, this gorgeous one-story home offers a
thoughtfully designed layout less than 10 minutes from downtown
Mebane. A spacious covered front porch with stone columns creates a
welcoming first impression. Inside, wide-plank engineered hardwood
floors flow throughout the main living areas. The open family room
features a gas-log fireplace and connects seamlessly to the dining
area and beautifully appointed kitchen. Highlights include quartz
countertops, an oversized center island, abundant drawer storage, a
gas range with custom hood, and a walk-in pantry with extensive
shelving. The split-bedroom plan places the primary suite at the
rear of the home overlooking the wooded backyard. It offers a large
walk-in closet and a private bath with zero entry tile shower with
bench seat and glass enclosure, quartz countertops, and tile
flooring. Two additional bedrooms are located near the front,
including one with glass-paneled doors currently used as an office.
There is a full hall bath to serve the two bedrooms and separate
powder room for guests. The mudroom includes cabinetry, a folding
counter, utility sink, additional refrigerator, and Samsung washer
and dryer. A drop zone leads to the three-car garage with 100 sqft
of conditioned space utilized for safe storing of valuables and as
a protected space to use during storms. Outdoor living includes a
covered rear porch with a stone accent wall and built-in
television, plus a deck and covered pergola. The property is
equipped with a 220-volt outlet for a pool or hot tub, 20-amp
service for a future pool house, and exterior spigots with hot and
cold water. The front-yard septic placement leaves the backyard
available for a future pool and outdoor amenities. Two heated
outbuildings, currently used as a woodworking shop and potting
shed, offer exceptional hobby and storage space. Additional
features include a covered lean-to, whole-house Generac generator,
Bosch dual-fuel HVAC with a 10-year warranty, owned propane tank,
private well, pumped septic system, and exterior security cameras
that convey.
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.
Interior Features: Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Entrance Foyer, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Storage, Walk-In Closet(s), Bathtub/Shower Combination, Primary Downstairs, Quartz Counters, Smooth Ceilings, Walk-In Shower, Water Closet
Appliances: Dishwasher, Dryer, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Washer, Water Softener, Wine Cooler
Flooring Type: Hardwood, Tile
Door Features: French Doors
Laundry Features: Laundry Room, Main Level, Sink
Rooms: 8
Has Fireplace
Fireplace Features: Gas Log, Living Room, Propane
Fireplaces: 1
Exterior Details
Square Footage: 2242
Security Features: See Remarks
Architectural Style: Ranch, Transitional
Year Built: 2021
Building Area Total: 2242
Levels: One
Other Structures: Outbuilding, Pergola, Shed(s), Workshop, See Remarks
Window Features: Screens, Window Coverings
Construction Materials: Fiber Cement, Stone
Patio and Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch
Lot Features: Back Yard, Landscaped, Private, Hardwood Trees
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