706 Mount Ranier Drive
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Mar 18, 2025 | In contract | - | |
| In contract | |||
| Mar 15, 2025 | Listed by Keller Williams Elite Realty | $500,000 | |
| Listed by Keller Williams Elite Realty | |||
| | |||
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Welcome to 706 Mt. Ranier Dr. - A Home That Has It All!
Nestled in Mebane's desirable Mill Creek Community, this charming main-level living home offers the perfect blend of comfort, elegance, and convenience.
Step inside to an inviting open-concept living space, where the kitchen, breakfast area, and living room seamlessly flow together. The gourmet kitchen features granite countertops, stainless steel appliances, and a gas range, making it a chef's delight. A cozy gas fireplace adds warmth to the spacious living area, while the separate dining room offers an elegant space for gatherings.
The main-level owner's suite is a peaceful retreat, complete with a spa-like ensuite. Two additional bedrooms on the first floor provide flexibility for guests, a home office, or whatever suits your needs.
Outdoor living at its finest! Relax on the rocking chair front porch with your morning coffee, or unwind in the incredible screened-in back porch—perfect for enjoying the Carolina seasons. The large fenced backyard is an entertainer's dream, featuring a beautifully designed fire pit area with all the furnishings included, plus a patio for grilling and outdoor fun.
Upstairs, a spacious bonus room provides endless possibilities—media room, home gym, or additional guest space—plus extra storage for all your needs.
Set on a landscaped corner lot in a fantastic neighborhood with top-rated Orange County Schools, this home offers the perfect blend of charm, convenience, and modern living.
Don't miss this rare gem—schedule your private tour today and experience the magic of 706 Mt. Ranier Dr. for yourself!
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| Aug 5, 2022 | Sold | ||
| Sold | |||
| May 15, 2022 | Listed by Keller Williams Central | $435,000 | |
| Listed by Keller Williams Central | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017