$400,000
●
House -
Off Market
509 Miners Loop
Sanford, NC 27330
3 Beds
3 Baths
$401,609
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Fall in love with this 3BR, 3BA home located in Copper Ridge in
Northern Lee County.Enjoy 1.07 acres of wooded land located in a
cul-de-sac with a private yard and back deck great for
entertaining. This open concept home offers hardwood
flooring, a seperate dining room, living room with gas log
fireplace, kitchen with stainless appliances, pendant lighting,
tiled backsplash, gorgeous granite island & a breakfast nook.The
spacious master suite is 19x15 and the master bath includes dual
sinks, seperate shower, garden tub, large walk-in-closet and
laundry room connected to master suite. Benefit from a huge "drop
zone" as you enter the garage for all the kids book-bags, coats,
hats and shoes. Home also features a hook up for back-up generator,
2-car garage, Bluetooth speakers on back deck, and an indoor and
outdoor camera through CPI. Home also has outdoor lighting that
makes the house light up at night.Home is located just 20 miles
south of Apex/Cary with an easy commute to the Triangle!
Unit Size
-
Days on Market
-
Land Size
1.07 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
$18
Year Built
2016
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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: 11 months ago (TMLS #LP677146)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 7, 2022 | Sold | ||
| Sold | |||
| Feb 4, 2022 | Listed by SMITH GROUP REALTY LLC | $390,000 | |
| Listed by SMITH GROUP REALTY LLC | |||
| May 1, 2020 | No longer available | - | |
| No longer available | |||
| Apr 27, 2020 | Listed | $320,000 | |
| Listed | |||
| | |||
|
Fall in love with this 3BR, 3BA home located in Cooper Ridge in Northern Lee County. Enjoy 1.07 acres of wooded land located in a cul-de-sac with a private yard and back deck great for entertaining. This open concept home offers hardwood flooring, a seperate dining room, living room with gas log fireplace, kitchen with stainless appliances, pendant lighting, tiled backsplash, gorgeous granite island & a breakfast nook. The spacious master suite is 19x15 and the master bath includes dual sinks, seperate shower, garden tub, large walk-in-closet and laundry room connected to master suite. Benefit from a huge "drop zone" as you enter the garage for all the kids book-bags, coats, hats and shoes. Home also features a hook up for back-up generator, 2-car garage, Bluetooth speakers on back deck, and an indoor and outdoor camera through CPI. Home is located just 20 miles south of Apex/Cary with an easy commute to the Triangle!
| |||
| Sep 2, 2016 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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Baths
ft²
Price/ft²
Price/ft²
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Listed On
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HOA + Taxes
About Lee
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Listed by: ELIZABETH SMITH, SMITH GROUP REALTY LLC
Last Updated: 11 months ago
Data Source: TMLS, MLS# LP677146
Last Updated: 11 months ago
Data Source: TMLS, MLS# LP677146
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