$260,000
●
House -
Off Market
544 Sunset Drive
Sanford, NC 27330
3 Beds
2 Baths
1,854 Ft²
$290,102
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
AMAZING OPPORTUNITY to own a part of Lee County History with this
1947 ranch home; the same year the Polaroid Camera was invented!!!
This 3 bedroom, 2 bath, 1,854 sq foot home is now available
and looking for her new owners. Great location...resting
directly across the street from nearly 3 acres of a park-like
sanctuary and conveniently located close to everything DOWNTOWN
SANFORD has to offer from local restaurants and shopping to our
amazing "Downtown Life" where there is always something going on...
from Movie Nights in the Park, Music Venues & our Mural Arts
Trail to local Bakeries, Breweries and The Temple Theater!!!
Did I mention the double lot with 0.45 acres? Or the formal
living room and den? Or what about the privacy and mature
canopy of trees? How about the paved driveway? This
home has so much to offer... Do not delay...call your agent
and schedule your appointment right away!!!
Unit Size
1,854 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$148
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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 #LP692706)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 23, 2022 | Sold | ||
| Sold | |||
| Sep 23, 2022 | Listed by COLDWELL BANKER ADVANTAGE #5 (SANFORD) | $274,900 | |
| Listed by COLDWELL BANKER ADVANTAGE #5 (SANFORD) | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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Sold On
Sold On
HOA + Taxes
About Sanford
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: CHRIS TACIA, COLDWELL BANKER ADVANTAGE #5 (SANFORD)
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP692706
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP692706
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