$345,000
●
House -
Off Market
607 2nd Street
Apex, NC 27502
3 Beds
2 Baths
1,101 Ft²
$1,922
Est. Monthly
$35
HOA / Fees
6.69%
Cap Rate
About This Property
Welcome to the peak of good living! This exquisite ranch with 3
beds and 2 full baths is located just moments away from the
charming and storied historic downtown Apex. Being surrounded by
shops, restaurants, greenways, and parks offers activities tailored
to suit all interests. Enjoy cooking a meal in the kitchen which
features plenty of counter space and stainless steel appliances and
also has easy access to the backyard. You don't want to miss this
one!
Unit Size
1,101 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$313
Property Type
House
Property Taxes
$193
HOA Dues
$35
Year Built
2014
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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 #10025530)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Apr 26, 2024 | Listed by Fathom Realty NC, LLC | $345,000 | |
| Listed by Fathom Realty NC, LLC | |||
| | |||
|
Welcome to the peak of good living! This exquisite ranch with 3 beds and 2 full baths is located just moments away from the charming and storied historic downtown Apex. Being surrounded by shops, restaurants, greenways, and parks offers activities tailored to suit all interests. Enjoy cooking a meal in the kitchen which features plenty of counter space and stainless steel appliances and also has easy access to the backyard. You don't want to miss this one!
| |||
| Mar 9, 2024 | No longer available | - | |
| No longer available | |||
| Jan 4, 2024 | Relisted | $350,000 | |
| Relisted | |||
| Jan 3, 2024 | No longer available | - | |
| No longer available | |||
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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
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Type
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Baths
ft²
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Price/ft²
Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Apex
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Listed by: Aaron Wilson, Fathom Realty NC, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10025530
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10025530
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