19
Map
$359,900
●
House -
For Sale
605 Stoningham Place
Wake Forest, NC 27587
3 Beds
2 Baths
1,379 Ft²
$2,053
Est. Monthly
About This Property
Move-in-ready ranch with 3 bedrooms, 2 baths and a 2-car garage! A
covered front porch leads into a bright living room with wood-look
flooring and cozy fireplace. The open dining area has chair rail
trim that leads out to the back deck. The kitchen has ample
cabinetry, double sink and plenty of counter space. The primary
suite features a tray ceiling, a walk-in closet and a bath with a
double vanity, garden tub and separate shower. Two more bedrooms
share a full hall bath. Out back, the large, tree-lined backyard is
partially fenced making for a private retreat.
Unit Size
1,379 Ft²
Days on Market
17 days
Land Size
0.35 acres
Price per sqft
$261
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
2000
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: 16 days ago (TMLS #10196939)
Price History
Property Highlights
Air Conditioning
Fireplace
Garage
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Stone Counters
Appliances: Dishwasher, Microwave
Flooring Type: Carpet, Vinyl
Rooms: 3
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Exterior Details
Square Footage: 1379
Security Features: Smoke Detector(s)
Architectural Style: Traditional
Year Built: 2000
Building Area Total: 1379
Levels: One
Other Structures: None
Construction Materials: Brick Veneer, Vinyl Siding
Patio and Porch Features: Front Porch, Patio
Lot Features: Back Yard, Cul-De-Sac
Lot Size Area: 0.35
Lot Size Units: Acres
Lot Size Acres: 0.35
Lot Size Square Feet: 15246
Water Source: Public
Financial Details
Tax Map Number: 1O7
Tax Assessed Value: $355,518
Tax Annual Amount: $3,423
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, 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 Holding Ridge
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Listed by: Steve G Metarelis, Offerpad Brokerage LLC
Last Updated: 16 days ago
Data Source: TMLS, MLS# 10196939
Last Updated: 16 days ago
Data Source: TMLS, MLS# 10196939
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