$108,885
●
Mobile Manufactured -
Off Market
615 Shortleaf Court
Wake Forest, NC 27587
3 Beds
2 Baths
1,056 Ft²
$465
Est. Monthly
$15
HOA / Fees
29.66%
Cap Rate
About This Property
PROPERTY IS PENDING BUT YOU STILL HAVE TIME TO UPSET THE BID WITH
THE GRANVILLE COUNTY CLERK OF COURTS. PLEASE CALL
YOUR AGENT WITH ANY QUESTIONS. Property has so many
possibilities I couldn't fit them in this description! You
could renovate this home and have a beautiful setting just a
stone's throw from the Wake county line. Bring your DIY
skills or subs that you have built relationships with and turn this
home into the showplace it once was. Property offers a very wooded
feel, large rear deck that stays shady most of the day, detached
carport and wooden shed out back.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$71
Property Type
Mobile Manufactured
Property Taxes
$81
HOA Dues
$15
Year Built
1990
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Cap Rate Calculator
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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 #10036301)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2024 | Sold | ||
| Sold | |||
| Jun 18, 2024 | Listed by Northern Point Realty | $75,000 | |
| Listed by Northern Point Realty | |||
| | |||
|
PROPERTY IS PENDING BUT YOU STILL HAVE TIME TO UPSET THE BID WITH THE GRANVILLE COUNTY CLERK OF COURTS. PLEASE CALL YOUR AGENT WITH ANY QUESTIONS. Property has so many possibilities I couldn't fit them in this description! You could renovate this home and have a beautiful setting just a stone's throw from the Wake county line. Bring your DIY skills or subs that you have built relationships with and turn this home into the showplace it once was. Property offers a very wooded feel, large rear deck that stays shady most of the day, detached carport and wooden shed out back.
| |||
| May 16, 1997 | Sold | ||
| Sold | |||
Property Highlights
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 Granville
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Listed by: Benji Hight, Northern Point Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10036301
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10036301
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