$565,000
●
House -
Off Market
702 Highgrove Drive
Chapel Hill, NC 27516
4 Beds
3 Baths,
1
Half Bath
2,630 Ft²
$890,416
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model
About This Property
You are home!Light filled,open & spacious living expand seamlessly
into a huge screened porch taking this beautiful Southern Village
home beyond the ordinary & makes entertaining or simply relaxing a
joy with plenty of room for everyone. Home office or guest/in law
suite? - its here. Imagine the restful sleep you will enjoy in the
airy master suite with built ins & vaulted ceiling. Well appointed
kitchen features granite counters & large island. The layout of
this fine home accommodates a variety of needs
Unit Size
2,630 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$219
Property Type
House
Property Taxes
$668
HOA Dues
$33
Year Built
1999
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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: 13 months ago (TMLS #2172179)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | Listed by Berkshire Hathaway HomeService | $876,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| | |||
|
Welcome to your dream home! Nestled in peaceful and sought-after Southern Village, this beautiful 1999 transitional home seamlessly blends classic charm with contemporary upgrades. Offering the perfect balance of comfort and sophistication, this home is an oasis, while being close to everything. The spacious open floor plan creates a welcoming ambiance, perfect for both entertaining and everyday living. Natural light floods the home, highlighting the high ceilings and tasteful finishes. The main bedroom is a true retreat, boasting a walk-in closet and an en-suite bathroom with a soaking tub, dual vanities, and a separate shower. Bonus room with private staircase and full bath could make an excellent guest suite. Gorgeous updated kitchen including quartz countertops, a generous island, new appliances and adjoining dinette area. Enjoy the serene outdoors from either of the two screen porches overlooking the fenced and manicured back yard or the idyllic tree lined front streetscape. Unwind in comfort and style!
| |||
| Mar 22, 2018 | Sold | ||
| Sold | |||
| Feb 9, 2018 | Listed by Allen Tate/Chapel Hill/Durham | $575,000 | |
| Listed by Allen Tate/Chapel Hill/Durham | |||
| Jul 27, 2007 | 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 Highgrove
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jackie Tanner, Allen Tate/Chapel Hill/Durham
Last Updated: 13 months ago
Data Source: TMLS, MLS# 2172179
Last Updated: 13 months ago
Data Source: TMLS, MLS# 2172179
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