$320,400
●
House -
Off Market
512 Mill Hopper Lane #21
Apex, NC 27502
3 Beds
3 Baths,
1
Half Bath
1,942 Ft²
$542,002
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model
About This Property
Locally Built Custom Cottage with real site finished hardwood
floors, character and quality throughout. 3 Bedrooms and
Large Loft. Just the right size. Very open plan.
Two-Car Garage. Screened Porch! This home is nearly completed.
Enjoy the incredible Amenities at this Planned Development with
walkability around Historic Downtown Apex, Parks, Ball Fields,
Soccer Fields, Skating Park, Dog Park, Ponds, Private Schools. Very
few opportunities Left in this Vibrant Community in Downtown Apex,
NC.
Unit Size
1,942 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$165
Property Type
House
Property Taxes
-
HOA Dues
$83
Year Built
2016
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Cap Rate Calculator
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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 #2058728)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2016 | Sold | ||
| Sold | |||
| Apr 2, 2016 | Listed by Windjam Properties | $320,400 | |
| Listed by Windjam Properties | |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
Garage Spaces: 2
Interior Details
Bedrooms: 3
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, Entrance Foyer, Granite Counters, Storage, Walk-In Closet(s)
Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Range Hood
Flooring Type: Carpet, Hardwood, Tile
Laundry Features: Laundry Closet, Main Level
Rooms: 7
Has Fireplace
Fireplace Features: Family Room, Gas, Gas Log
Fireplaces: 1
Basement: Crawl Space
Exterior Details
Square Footage: 1942
Architectural Style: Transitional
Year Built: 2016
Above Grade Finished Area: 1942Square Feet
Builder Name: Stancil Builders, Inc.
Building Area Total: 1942
Levels: One and One Half
Building Area Units: Square Feet
Construction Materials: Fiber Cement
Patio and Porch Features: Deck, Porch, Screened
Pool Features: Swimming Pool Com/Fee
Lot Size Area: 3049.2
Lot Size Units: Square Feet
Lot Size Acres: 0.07
Lot Size Square Feet: 3049.2
Lot Size Dimensions: 40 x 77 x 40 x 77
Water Source: Public
Financial Details
HOA/Condo/Coop Amenities: Clubhouse, Pool
HOA Fee: $250
HOA Fee Frequency: Quarterly
Utilities Details
Cooling Type: Heat Pump
Heating Type: Electric, Heat Pump
Sewer : Public Sewer
Community & neighborhood Details
Region: Apex
Subdivision: The Villages of Apex
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/28/2025
| |
3 Bed
|
2 Bath
|
2005 ft²
|
$550,000
3 Bed
2 Bath
2005 ft²
|
$550,000
08/06/2025
|
Mandy Moultrie
Berkshire Hathaway HomeServices YSU
|
|
04/02/2016
|
3 Bed
|
3 Bath
|
1942 ft²
|
$320,400
3 Bed
3 Bath
1942 ft²
|
$320,400
07/01/2016
|
Rex Osborne
Windjam Properties
|
Building Info
About Old Mill Village
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Rex Osborne, Windjam Properties
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2058728
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2058728
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