$235,000
●
House -
Off Market
502 Davie Road
Carrboro, NC 27510
2 Beds
1 Bath
803 Ft²
$397,068
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model
About This Property
A VERY RARE find in Carrboro: Completely renovated, cheerful
bungalow close to everything! Walk to Farmer's market, gym, shops.
On two bus lines. Complete interior remodel - new windows, HVAC,
electrical, flooring, spray foam wall insulation, sealed crawl
space, bathroom, and plumbing. Every detail is tasteful and on
trend. Gorgeous white oak floors, stainless steel appliances. Big
backyard with southern exposure perfect for gardening plus a nice
shed for storage. Location, charm and ready to move in.
Unit Size
803 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$310
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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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 #2136265)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $249,000 | |
| Listed | |||
| | |||
|
A VERY RARE find in Carrboro: Completely renovated, cheerful bungalow close to everything! Walk to Farmer's market, gym, shops. On two bus lines. Complete interior remodel - new windows, HVAC, electrical, flooring, spray foam wall insulation, sealed crawl space, bathroom, and plumbing. Every detail is tasteful and on trend. Gorgeous white oak floors, stainless steel appliances. Big backyard with southern exposure perfect for gardening plus a nice shed for storage. Location, charm and ready to move in.The manager has listed the unit size as 803 square feet.
| |||
| Jun 24, 2017 | Listed by Franklin Street Realty | $249,000 | |
| Listed by Franklin Street Realty | |||
| Jun 15, 2010 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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Sold On
HOA + Taxes
About Poplar-Davie
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Hillary Fisher, Franklin Street Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2136265
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2136265
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