$352,000
●
House -
Off Market
504 Oak Avenue
Carrboro, NC 27510
3 Beds
2 Baths
1,201 Ft²
$526,351
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
This charming mill house (circa 1912) in downtown Carrboro has been
recently remodeled. White shaker style cabinets, granite tops
& tile splash in the kitchen. New lighting, refinished pine floors,
& fresh paint inside and out. Significant foundation work
completed in 2017. Let the doggy run around the fenced rear yard or
sit on the front porch on cool spring nights. Vintage trimwork,
moldings, doors, & more make this one a classic! True
character, with shops & restaurants just down the street.
Unit Size
1,201 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$286
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1912
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #2176332)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by Inhabit Real Estate | $565,000 | |
| Listed by Inhabit Real Estate | |||
| | |||
|
Quintessential Carrboro mill house with extensive updates and renovations including kitchen, baths, metal roof, and sealed crawl with off street parking, covered front porch, fenced back yard, storage shed and private deck. Built in 1912 but completely move in ready, this 3-bedroom 2 full bath is the whole in town, walk to Weaver Street Market, while being absolutely adorable package!
| |||
| Apr 13, 2018 | Sold | ||
| Sold | |||
| Mar 2, 2018 | Listed by Compass -- Chapel Hill - Durham | $343,000 | |
| Listed by Compass -- Chapel Hill - Durham | |||
| | |||
|
This charming mill house (circa 1912) in downtown Carrboro has been recently remodeled. White shaker style cabinets, granite tops & tile splash in the kitchen. New lighting, refinished pine floors, & fresh paint inside and out. Significant foundation work completed in 2017. Let the doggy run around the fenced rear yard or sit on the front porch on cool spring nights. Vintage trimwork, moldings, doors, & more make this one a classic! True character, with shops & restaurants just down the street.
| |||
Property Highlights
Air Conditioning
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 Old Carrboro
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Tom J Wiltberger, Terra Nova Global Properties
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2176332
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2176332
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017