$610,000
●
House -
Off Market
7 Hampton Hill Place
Chapel Hill, NC 27517
3 Beds
2 Baths
1,712 Ft²
$3,275
Est. Monthly
$3
HOA / Fees
3.64%
Cap Rate
About This Property
Falconbridge Ranch Alert! Tucked away on a cul-de-sac is a
thoughtfully updated 3 bedroom/2 bath home bathed in natural light.
This JP Goforth home has the classic contemporary lines, cathedral
ceilings with extra windows, and open floorplan. There is plenty of
storage with large pantry, dual closets in primary bedroom, outdoor
storage closet, and detached one-car garage. The owner lovingly
maintained this home with a new roof (2021) and new windows,
siding, and gutters (2023). More recent updates include refaced
kitchen cabinets, new countertops, updated bath vanities and
fixtures, interior paint, and back deck/front ramp paint.
(2024/25). The low-maintenance yard includes many native plants and
trees that flower year-round. With this move-in ready home, you'll
be able to spend your time enjoying one of the outdoor living
spaces or participating in the many neighborhood social activities.
The location is perfect with quick access to Chapel Hill, I-40,
RDU, and Durham. Buyer agents welcome!
Unit Size
1,712 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$350
Property Type
House
Property Taxes
$326
HOA Dues
$3
Year Built
1983
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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 #10079305)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Feb 28, 2025 | Listed by EXP Realty LLC | $600,000 | |
| Listed by EXP Realty LLC | |||
| | |||
|
Falconbridge Ranch Alert! Tucked away on a cul-de-sac is a thoughtfully updated 3 bedroom/2 bath home bathed in natural light. This JP Goforth home has the classic contemporary lines, cathedral ceilings with extra windows, and open floorplan. There is plenty of storage with large pantry, dual closets in primary bedroom, outdoor storage closet, and detached one-car garage. The owner lovingly maintained this home with a new roof (2021) and new windows, siding, and gutters (2023). More recent updates include refaced kitchen cabinets, new countertops, updated bath vanities and fixtures, interior paint, and back deck/front ramp paint. (2024/25). The low-maintenance yard includes many native plants and trees that flower year-round. With this move-in ready home, you'll be able to spend your time enjoying one of the outdoor living spaces or participating in the many neighborhood social activities. The location is perfect with quick access to Chapel Hill, I-40, RDU, and Durham. Buyer agents welcome!
| |||
| Sep 14, 2005 | Sold | ||
| Sold | |||
| Feb 29, 2000 | 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 Falconbridge
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# 10079305
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10079305
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