$165,000
●
Land -
Off Market
68 Davis Love Drive
Chapel Hill, NC 27517
Studio
0 Bath
$227,250
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
Great Lot on Dead end cul-de-sac, close to amenities, Large lot
will give you plenty of options to build your custom dream home.
Ask about our custom builder team and options for building. One of
the few great lots left to build on in The Preserve at Jordan Lake
golf community, with pool, tennis, fitness center, full court
basketball and so much more. Come out 7 days a week and take a
look, golf clubhouse open.
Unit Size
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Days on Market
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Land Size
0.65 acres
Price per sqft
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Property Type
Land
Property Taxes
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HOA Dues
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Year Built
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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 #2137163)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 27, 2021 | Sold | ||
| Sold | |||
| Jun 29, 2017 | Listed by The Preserve at Jordan Lake Re | $175,000 | |
| Listed by The Preserve at Jordan Lake Re | |||
| | |||
|
Great Lot on Dead end cul-de-sac, close to amenities, Large lot will give you plenty of options to build your custom dream home. Ask about our custom builder team and options for building. One of the few great lots left to build on in The Preserve at Jordan Lake golf community, with pool, tennis, fitness center, full court basketball and so much more. Come out 7 days a week and take a look, golf clubhouse open.
| |||
| Feb 15, 2006 | 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 The Preserve
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Tony Golden, The Preserve at Jordan Lake Re
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2137163
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2137163
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