$205,000
●
House -
Off Market
5513 Bobbitt Road
Apex, NC 27539
3 Beds
2 Baths
1,056 Ft²
$275,643
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Completely rebuilt & totally updated so it feels like new!
Convenient second entrance with its own stairs. New kitchen
cabinets, counters & fixtures will make the chef happy. Stylish
luxury plank flooring throughout for easy living. The bathrooms
have been completely redone with new cabinets, fixtures & mirrors.
Peaceful, wooded rear yard backs up to an elegant neighborhood. New
connection to community water, your well can water the yard.
Large lot for plenty of room & separation from the neighbors.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$199
Property Type
House
Property Taxes
$40
HOA Dues
-
Year Built
1962
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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 #2336152)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 18, 2020 | Sold | ||
| Sold | |||
| Aug 9, 2020 | Listed by RE/MAX United | $209,800 | |
| Listed by RE/MAX United | |||
| | |||
|
Completely rebuilt & totally updated so it feels like new! Convenient second entrance with its own stairs. New kitchen cabinets, counters & fixtures will make the chef happy. Stylish luxury plank flooring throughout for easy living. The bathrooms have been completely redone with new cabinets, fixtures & mirrors. Peaceful, wooded rear yard backs up to an elegant neighborhood. New connection to community water, your well can water the yard. Large lot for plenty of room & separation from the neighbors.
| |||
| Jul 28, 2020 | No longer available | - | |
| No longer available | |||
| Jun 20, 2020 | Price Decreased |
$199,900
↓ $20K
(9.1%) | |
| Price Decreased | |||
| Jun 4, 2020 | Listed by RE/MAX United | $219,900 | |
| Listed by RE/MAX United | |||
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Property Highlights
Air Conditioning
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 Wake
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Listed by: Tim Burrell, RE/MAX United
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2336152
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2336152
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