$977,000
●
House -
Off Market
642 Bear Tree Creek
Chapel Hill, NC 27517
4 Beds
4 Baths,
1
Half Bath
4,341 Ft²
$5,334
Est. Monthly
$78
HOA / Fees
1.79%
Cap Rate
About This Property
Welcome to this elegant, 4 Bed, 5 Bath custom-built all-brick home
located in the prestigious community of The Preserve at Jordan
Lake. Designed with high-end finishes and attention to detail
throughout, this home features gleaming hardwood floors on both the
main and second levels. The versatile third-floor bonus room offers
the perfect space for a game night, media room, or additional
bedroom.
Enjoy outdoor living on the expansive screened porch, overlooking beautifully landscaped grounds and a private backyard oasis. The luxurious owner's suite includes a cozy sitting area and fireplace, creating the perfect retreat.
Additional features include a spacious three-car garage with EV charger, ample storage, and a short walk to world-class community amenities-pool, tennis courts, fitness center, basketball court, soccer field, and more. This home combines comfort, convenience, and sophistication in one of the area's most sought-after neighborhoods.
Enjoy outdoor living on the expansive screened porch, overlooking beautifully landscaped grounds and a private backyard oasis. The luxurious owner's suite includes a cozy sitting area and fireplace, creating the perfect retreat.
Additional features include a spacious three-car garage with EV charger, ample storage, and a short walk to world-class community amenities-pool, tennis courts, fitness center, basketball court, soccer field, and more. This home combines comfort, convenience, and sophistication in one of the area's most sought-after neighborhoods.
Unit Size
4,341 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$230
Property Type
House
Property Taxes
$356
HOA Dues
$78
Year Built
2006
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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 #10088253)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 22, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed by The Preserve at Jordan Lake Re | $998,000 | |
| Listed by The Preserve at Jordan Lake Re | |||
| Feb 29, 2024 | No longer available | - | |
| No longer available | |||
| Dec 3, 2023 | Listed by Leonard Dion Gambles | $934,900 | |
| Listed by Leonard Dion Gambles | |||
| | |||
|
Experience a truly majestic custom all brick home in prestigious Preserve at Jordan Lake. High end finishes on every level with intricate panel work done throughout the home. Gleaming hardwood floors on main and second level, and a multi purpose room on the third level for slumber parties, game night or even an additional bedroom! Expansive screen porch overlooking a landscaped private backyard so you can enjoy those beautiful mornings and evenings. The owner's suite boasts a separate sitting room and fireplace as well as a customized closet to meet all your needs. Lots of storage and did we mention the three car garage with already built in EV Charger? Short walk to all the amenities this neighborhood has to offer: pool, pickle ball, basketball, playground and fitness center. Low Chatham County taxes, Close to: Jordan Lake, NEW Seaforth High School, Chatham Park. Not far from: RTP, RDU, Apex and UNC. Walk through now: bit.ly/642BTC The manager has listed the unit size as 4341 square feet.
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Property Highlights
Garage
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About The Preserve
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Listed by: Tony Golden, The Preserve at Jordan Lake Re
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10088253
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10088253
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