$125,000
●
House -
Off Market
607 Pomeroy Street
Graham, NC 27253
2 Beds
1 Bath
1,017 Ft²
$729
Est. Monthly
12.35%
Cap Rate
About This Property
BACK ON MARKET! Investment opportunity in Graham. Large family room
with hardwoods. Bright kitchen with microwave, range, and
fridge. Short drive to I40/85, downtown Graham area. Needs TLC! Spacious backyard, rear deck, storage building. Property
will be sold AS IS. (Minor roof repair 7/10; crawlspace is wet) FINISHED ATTIC (upstrs) is 344 sq ft and is NOT included in
living area per NC licensed appraiser; total square footage is 1017 sq ft at main level ONLY.
fridge. Short drive to I40/85, downtown Graham area. Needs TLC! Spacious backyard, rear deck, storage building. Property
will be sold AS IS. (Minor roof repair 7/10; crawlspace is wet) FINISHED ATTIC (upstrs) is 344 sq ft and is NOT included in
living area per NC licensed appraiser; total square footage is 1017 sq ft at main level ONLY.
Unit Size
1,017 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$133
Property Type
House
Property Taxes
$65
HOA Dues
-
Year Built
1949
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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 #10040857)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by Allen Tate/Burlington | $135,000 | |
| Listed by Allen Tate/Burlington | |||
| | |||
|
BACK ON MARKET! Investment opportunity in Graham. Large family room with hardwoods. Bright kitchen with microwave, range, and
fridge. Short drive to I40/85, downtown Graham area. Needs TLC! Spacious backyard, rear deck, storage building. Property
will be sold AS IS. (Minor roof repair 7/10; crawlspace is wet) FINISHED ATTIC (upstrs) is 344 sq ft and is NOT included in
living area per NC licensed appraiser; total square footage is 1017 sq ft at main level ONLY.
| |||
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 Graham
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Listed by: Sandy Ellington-Graves, Allen Tate/Burlington
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10040857
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10040857
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