$2,285,000
●
House -
In Contract
63 Pennington Circle
Chapel Hill, NC 27517
5 Beds
6 Baths,
2
Half Baths
5,872 Ft²
$11,595
Est. Monthly
$198
HOA / Fees
1.27%
Cap Rate
About This Property
Stunning custom home to be built on private 5.7 acre homesite.
Features a large open ranch floorplan. Unique layout with
primary on main floor and additional primary in finished basement.
Perfect for multi-generational families. Two gourmet kitchens,
custom cabinetry, upgraded appliances, granite counters. Two main
floor guest suites with full baths. Main floor office/study.
Upstairs you'll find an additional bedroom, large finished
bonus room and an additional office space. Fully finished basement
includes the second kitchen, second primary bedroom, large
rec/family room and two flex rooms perfect for crafts/exercise/etc.
Room for a future pool, convenient to HWY 64, minutes to Apex,
close to Chapel Hill and Pittsboro.
Unit Size
5,872 Ft²
Days on Market
-
Land Size
5.70 acres
Price per sqft
$389
Property Type
House
Property Taxes
$177
HOA Dues
$198
Year Built
-
Listed By
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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: 4 months ago (TMLS #10084978)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 11, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Listed by Absolute Realty Company, LLC | $2,285,000 | |
| Listed by Absolute Realty Company, LLC | |||
| Sep 25, 2018 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Side
Garage Spaces: 3
Interior Details
Half Bathrooms: 2
Full Bathrooms: 6
Interior Features: Bookcases, Breakfast Bar, Ceiling Fan(s), Crown Molding, Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Bathtub/Shower Combination, Primary Downstairs, Room Over Garage, Second Primary Bedroom, Separate Shower, Smooth Ceilings, Walk-In Shower, Water Closet
Appliances: Dishwasher, Gas Range, Microwave, Plumbed For Ice Maker, Tankless Water Heater
Flooring Type: Carpet, Hardwood, Tile
Laundry Features: In Basement, Laundry Closet, Laundry Room, Main Level
Rooms: 16
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Basement: Finished, Full, Interior Entry, Walk-Out Access
Exterior Details
Square Footage: 5872
Security Features: Carbon Monoxide Detector(s), Fire Alarm
Architectural Style: Traditional
Year Built: 2025
Building Area Total: 5872
Levels: Three Or More
Construction Materials: Brick, Fiber Cement
Patio and Porch Features: Covered, Patio, Screened
Lot Features: Corner Lot, Gentle Sloping, Hardwood Trees
Lot Size Area: 5.7
Lot Size Units: Acres
Lot Size Acres: 5.7
Lot Size Square Feet: 248422
Water Source: Public
Financial Details
Tax Map Number: 65
Tax Annual Amount: $2,125
Utilities Details
Cooling Type: Ceiling Fan(s), Zoned
Heating Type: Forced Air
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Storm Water Maintenance
HOA Fee: $198
HOA Fee Frequency: Quarterly
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 Chatham
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Listed by: Yvonne Beal, Absolute Realty Company, LLC
Last Updated: 4 months ago
Data Source: TMLS, MLS# 10084978
Last Updated: 4 months ago
Data Source: TMLS, MLS# 10084978
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