$268,000
●
Mobile Manufactured -
Off Market
5446 Thompson Mill Road
Graham, NC 27253
3 Beds
2 Baths
1,620 Ft²
$1,421
Est. Monthly
8.14%
Cap Rate
About This Property
BACK ON MARKET AT NO FAULT OF SELLER. Spacious home w/detached
garage/workshop (35x20) Well-maintained & move-in ready. You'll
love the space this home has to offer. Updates include metal
roof (2018), water filtration/softener & reverse osmosis system
(maintained annually by Tri-State Water); 20 Gal Pressure Tank &
Well Pump, both w/5 yr warranty (11/2022); pest control (inspected
annually by Dodson Pest Control); Goodman Heating & Air system
(2019) (maintained semi-annually by Barber Heating & Air), water
heater (2020); smooth-top range & refrigerator to remain; washer &
dryer--do not remain; 15x12 covered deck on back and 8x30 deck on
front, split bedroom floor plan, with formal dining room, the
primary bedroom has 2 WIC & ensuite bath, built-in shelving on each
side of the fireplace (fireplace is inoperable due to no hookup to
propane gas (seller does not warrant system). RING cameras do not
remain (possibly negotiable);
Unit Size
1,620 Ft²
Days on Market
-
Land Size
1.13 acres
Price per sqft
$167
Property Type
Mobile Manufactured
Property Taxes
$94
HOA Dues
-
Year Built
2004
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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 #10010330)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2024 | Sold | ||
| Sold | |||
| Feb 7, 2024 | Listed by Keller Williams Central | $270,000 | |
| Listed by Keller Williams Central | |||
| | |||
|
BACK ON MARKET AT NO FAULT OF SELLER. Spacious home w/detached garage/workshop (35x20) Well-maintained & move-in ready. You'll love the space this home has to offer. Updates include metal roof (2018), water filtration/softener & reverse osmosis system (maintained annually by Tri-State Water); 20 Gal Pressure Tank & Well Pump, both w/5 yr warranty (11/2022); pest control (inspected annually by Dodson Pest Control); Goodman Heating & Air system (2019) (maintained semi-annually by Barber Heating & Air), water heater (2020); smooth-top range & refrigerator to remain; washer & dryer--do not remain; 15x12 covered deck on back and 8x30 deck on front, split bedroom floor plan, with formal dining room, the primary bedroom has 2 WIC & ensuite bath, built-in shelving on each side of the fireplace (fireplace is inoperable due to no hookup to propane gas (seller does not warrant system). RING cameras do not remain (possibly negotiable);
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Alamance
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Listed by: Mike McCann, Keller Williams Central
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10010330
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10010330
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