$772,000
●
House -
Off Market
635 Bear Tree Creek Creek
Chapel Hill, NC 27517
4 Beds
3 Baths,
1
Half Bath
4,168 Ft²
$5,302
Est. Monthly
$750
HOA / Fees
2.07%
Cap Rate
About This Property
Rare opportunity in The Preserve at Jordan Lake! This spacious home
features a wonderful floor plan with room for work & play! The
large kitchen features an island, a 48'' gas range with double
ovens, a stacked stone range hood, & walk-in pantry and opens to an
eat-in breakfast area and large family room with built-ins. The
first floor also offers two options for home offices, one with
stacked stone fireplace and glass French doors and one with
built-in desk. Outdoor living space abounds with gracious front
porch, rear deck, and screened porch. Upstairs has a large primary
suite with cathedral ceiling, three additional bedrooms and two
full baths, as well as a spacious bonus room with 3 walk-in closets
and more(!) built-ins. The icing on the cake is the 3-car garage,
huge laundry room with drop zone, and whole-house generator powered
by natural gas line. Great community amenities and fabulous North
Chatham Schools.
Unit Size
4,168 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$204
Property Type
House
Property Taxes
$378
HOA Dues
$750
Year Built
2006
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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 #10031953)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | Listed by EXP Realty LLC | $850,000 | |
| Listed by EXP Realty LLC | |||
| | |||
|
Rare opportunity in The Preserve at Jordan Lake! This spacious home features a wonderful floor plan with room for work & play! The large kitchen features an island, a 48'' gas range with double ovens, a stacked stone range hood, & walk-in pantry and opens to an eat-in breakfast area and large family room with built-ins. The first floor also offers two options for home offices, one with stacked stone fireplace and glass French doors and one with built-in desk. Outdoor living space abounds with gracious front porch, rear deck, and screened porch. Upstairs has a large primary suite with cathedral ceiling, three additional bedrooms and two full baths, as well as a spacious bonus room with 3 walk-in closets and more(!) built-ins. The icing on the cake is the 3-car garage, huge laundry room with drop zone, and whole-house generator powered by natural gas line. Great community amenities and fabulous North Chatham Schools.
| |||
| Sep 30, 2010 | Sold | ||
| Sold | |||
| Jul 16, 2008 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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 The Preserve
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Ann Koonce, EXP Realty LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10031953
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10031953
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