$475,000
●
House -
Off Market
505 Miners Loop
Sanford, NC 27330
4 Beds
3 Baths
2,192 Ft²
$468,767
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
A true SHOWSTOPPER... this stunning DREAM HOME could be yours!!!
With over 4,000 sq ft, this 4 bedroom, 3 bath beauty is
conveniently located on the North side of Lee County in one of the
area's most sought after community of Copper Ridge. With easy
access to Hwy 1 and only minutes from the Raleigh Executive
Jetport, Apex, Holly Springs, Cary and Sanford! The photos
aren't doctored or enhanced...this home is truly as amazing as it
looks. From the inviting feeling as you enter the home to the
warming fireplace adorned living room this house just feels like
home. The open concept and island kitchen are simply
wonderful. With over 1 acre, please don't forget the fenced
area just behind the home and take a stroll over the bridge and
enjoy the wooded back yard and storage building too! Did I
mention the 1,800+ sq foot unfinished walkout basement? Or
the 4th bedroom (bonus room) with a full bath? Or that the
master suite and 2 additional bedrooms are all nestled on the main
level???
Unit Size
2,192 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$208
Property Type
House
Property Taxes
-
HOA Dues
$15
Year Built
2017
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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 #LP697799)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2023 | Sold | ||
| Sold | |||
| Mar 6, 2023 | Sold | ||
| Sold | |||
| Feb 1, 2023 | Listed by COLDWELL BANKER ADVANTAGE #5 (SANFORD) | $454,900 | |
| Listed by COLDWELL BANKER ADVANTAGE #5 (SANFORD) | |||
| May 9, 2020 | Listed by ERA STROTHER REAL ESTATE #5 | $344,000 | |
| Listed by ERA STROTHER REAL ESTATE #5 | |||
| | |||
|
LOCATION LOCATION LOCATION... This Copper Ridge home is SIMPLE AMAIZING!!! With Three bedrooms on main floor, 4th large bedroom/bonus room with full bath on second floor. Hardwoods, granite countertops, stainless appliances, lots of windows so plenty of natural light. Master has tray ceiling, large walk in shower and huge closet with a bonus closet inside. Basement plumbed for 4th full bath. Possibilities are endless with the 1,800+ SF unfinished basement. Oversized patio off basement & under deck. And so much more!!!
| |||
| May 8, 2020 | Sold | ||
| Sold | |||
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Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lee
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Listed by: CHRIS TACIA, COLDWELL BANKER ADVANTAGE #5 (SANFORD)
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP697799
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP697799
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