$822,500
●
House -
Off Market
56 Forked Pine Court
Chapel Hill, NC 27517
4 Beds
2 Baths,
1
Half Bath
2,858 Ft²
$821,931
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Lovingly maintained custom, ONE-LEVEL RANCH is perfect for
entertaining and nestled on a quiet cul-de-sac street in The
Preserve at Jordan Lake, located near the shores of Jordan Lake
just south of Chapel Hill & west of Cary with easy access to Hwy 64
& I-540 and low Chatham County taxes! Inviting foyer w/ dry bar
opens to spacious formal dining room & living area w/ taller
ceilings & gas fireplace. Chef's kitchen w/ Wolf gas cooktop, Bosch
dishwasher, fridge, large prep island, walk-in pantry & direct
access to screened porch and large patio - ideal for hosting
parties! Hallway leads to primary suite, study & guest bedrooms.
Stairs to unfinished bonus over 2-car garage w/ ample storage.
10ft+ ceilings, site-finished hardwood floors, custom built-ins &
trimwork, appliance cabinet panels, tankless hot water, cedar
shelves, central vacuum & more! Residents enjoy trails, clubhouse
w/ pool, fitness center, tennis & pickleball courts. Community also
offers a Davis Love III signature semi-private golf course that is
open to the public and offers membership and instruction. Video
walkthru: https://tinyurl.com/56ForkedPine
Unit Size
2,858 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$289
Property Type
House
Property Taxes
$291
HOA Dues
$123
Year Built
2005
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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 #2527523)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
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 The Preserve
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Listed by: Peter Winkler, Keller Williams Realty United
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2527523
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2527523
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