$263,000
●
House -
Off Market
6527 Us 15
Oxford, NC 27565
3 Beds
1 Bath,
1
Half Bath
1,510 Ft²
$1,407
Est. Monthly
7.53%
Cap Rate
About This Property
UNDER CONTRACT BUT ACCEPTING BACK UP OFFERS!! REDUCED to $270K +
$5000 CLOSING COST for BUYER and Transfer of Existing Home Warranty
at ASKING PRICE! RENOVATED BRICK 1510 SF RANCH w/ Detached
32x20 GARAGE / WORKSHOP + 27x20 RV / BOAT Metal CARPORT on .70
Acres, just 3.5 Miles N of Oxford on Hwy 15.... on the way to KERR
LAKE w/ 800 miles of shoreline! RENOVATIONS: NEW LVP floors in hall
& in 1.5 BAs + CARPET in LR, DR (or Den) & 3 BRs; NEW BATH
fixtures; Lighting; Nickel door hinges & Knobs, Painted
Inside/Outside + Black Shutters; Septic pumped March 2024, ROOF
2022 & Replacement Windows! 22x18 BRICK Patio + 20' Covered Front
Porch overlook GARDEN Areas, Productive Muscadine Vines, & Massive
Magnolia Tree. 16.10x13.5 Eat In Kitchen w/ Buffet,
Appliances & Table, Chairs that STAY w/ pass through window to
11x10 SUNPORCH + 9.8x8 Laundry Rm w/ NEW Plumbing + Space for extra
Ref or Freezer! Cleared land behind, shed for lawn mower not in .70
Acres but been used as Extra Garden area. COUNTY TAXES ONLY
w/ NO RESTRICTIONS!
Unit Size
1,510 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$179
Property Type
House
Property Taxes
$81
HOA Dues
-
Year Built
1974
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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: 11 months ago (TMLS #10120208)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 2, 2026 | Sold | ||
| Sold | |||
| Nov 25, 2025 | In contract | - | |
| In contract | |||
| Nov 24, 2025 | Price Decreased |
$270,000
↓ $29K
(9.7%) | |
| Price Decreased | |||
| Sep 23, 2025 | Price Decreased |
$299,000
↓ $11K
(3.6%) | |
| Price Decreased | |||
| Sep 5, 2025 | Listed by Wills Hancock Properties, Inc. | $310,000 | |
| Listed by Wills Hancock Properties, Inc. | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Granville
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Listed by: Ann Hancock, Wills Hancock Properties, Inc.
Last Updated: 11 months ago
Data Source: TMLS, MLS# 10120208
Last Updated: 11 months ago
Data Source: TMLS, MLS# 10120208
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