20
Map
$560,000
↓ $10K (1.8%)
●
House -
For Sale
515 Gablefield Lane
Apex, NC 27502
4 Beds
2 Baths,
1
Half Bath
2,547 Ft²
$3,156
Est. Monthly
About This Property
Welcome to this beautiful home in the highly sought after Apex area
with NO HOA! This well maintained property offers a bright and open
floor plan designed for comfortable living and easy entertaining.
The main level features spacious living and dining areas that flow
seamlessly into the kitchen, complete with ample cabinetry and prep
space. The primary suite is conveniently located on the main floor,
offering privacy and ease with a walk-in closet and private bath.
Upstairs, you'll find three generously sized bedrooms along with a
versatile bonus room that could easily serve as a fifth bedroom,
home office, or flex space to fit your needs. Step outside to enjoy
a private backyard perfect for gatherings, play, or simply
unwinding. Conveniently located near shopping, dining, parks, and
major roadways, this home combines comfort, space, and location.
Don't miss this great opportunity!
Unit Size
2,547 Ft²
Days on Market
204 days
Land Size
0.49 acres
Price per sqft
$220
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1994
Listed By
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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: 19 days ago (TMLS #10159627)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Price Decreased |
$560,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Sep 17, 2026 | Price Decreased |
$570,000
↓ $15K
(2.6%) | |
| Price Decreased | |||
| Aug 27, 2026 | Price Decreased |
$585,000
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Aug 6, 2026 | Price Decreased |
$600,000
↓ $13K
(2.1%) | |
| Price Decreased | |||
| Jul 10, 2026 | Price Decreased |
$613,000
↓ $12K
(1.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage, Garage Faces Front
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, Soaking Tub, Bathtub/Shower Combination, Primary Downstairs, Walk-In Shower
Appliances: Dishwasher, Microwave, Range, Refrigerator
Flooring Type: Carpet
Laundry Features: Main Level
Rooms: 9
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Square Footage: 2547
Architectural Style: Traditional
Year Built: 1994
Building Area Total: 2547
Levels: Two
Construction Materials: Masonite
Patio and Porch Features: Deck
Lot Features: Back Yard, Cul-De-Sac
Lot Size Area: 0.49
Lot Size Units: Acres
Lot Size Acres: 0.49
Lot Size Square Feet: 21344
Water Source: Public
Financial Details
Tax Assessed Value: $555,116
Tax Annual Amount: $4,866
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
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 Hunter Valley
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Listed by: Meisha Spang, Mark Spain Real Estate
Last Updated: 19 days ago
Data Source: TMLS, MLS# 10159627
Last Updated: 19 days ago
Data Source: TMLS, MLS# 10159627
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