$275,000
●
House -
Off Market
514 McGee Street
Graham, NC 27253
4 Beds
1 Bath
1,283 Ft²
$273,285
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Adorable cape cod home nestled in established neighborhood near
i85/40 perfect for commuting to Triad or Triangle and charming
downtown Graham! Hardwoods accent the main level which has formal
living room, primary bedroom, full bath & kitchen, breakfast area
and den. Kitchen features gas range, dishwasher & SS Fridge.
Enclosed porch has washer & dryer that remain w/access to 1
car garage. Deck overlooking backyard w/storage building. Upstairs
3 bedrooms, full bath and bonus, perfect for home office or art
studio. French Door Refrigerator remains (2020).
Unit Size
1,283 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$214
Property Type
House
Property Taxes
$142
HOA Dues
-
Year Built
1955
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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 #2524536)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 29, 2024 | No longer available | - | |
| No longer available | |||
| Dec 3, 2023 | Listed by Kelly Wirt Realty Group, LLC | $275,000 | |
| Listed by Kelly Wirt Realty Group, LLC | |||
| | |||
|
Adorable cape cod home nestled in established neighborhood near i85/40 perfect for commuting to Triad or Triangle and charming downtown Graham! Hardwoods accent the main level which has formal living room, primary bedroom, full bath & kitchen, breakfast area and den. Kitchen features gas range, dishwasher & SS Fridge. Enclosed porch has washer & dryer that remain w/access to 1 car garage. Deck overlooking backyard w/storage building. Upstairs 3 bedrooms, full bath and bonus, perfect for home office or art studio. French Door Refrigerator remains (2020). The manager has listed the unit size as 1283 square feet.
| |||
| Sep 6, 2023 | Sold | ||
| Sold | |||
| Aug 1, 2023 | Listed by Kelly Wirt Realty Group, LLC | $275,000 | |
| Listed by Kelly Wirt Realty Group, LLC | |||
| Feb 4, 2020 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Graham
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Listed by: Kelly Wirt, Kelly Wirt Realty Group, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2524536
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2524536
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