$750,000
●
House -
Off Market
722 Arbor Brook Drive
Cary, NC 27519
3 Beds
2 Baths
2,500 Ft²
$4,454
Est. Monthly
$300
HOA / Fees
2.28%
Cap Rate
About This Property
Enjoy 55+ active adult living in this gorgeous Chestnut Garden
floor plan with sunroom + extended patio for outdoor entertaining
with sitting wall, pavers & natural gas line for the grill. Nestled
on a large .29 acre corner lot with stone front exterior. Brand NEW
HW floors, irrigation system, Versa-Lift for safe attic storage,
NEWER HVAC, Roof & water heater. Frameless shower doors w/added
tile, retractable screen door. Kitchen w/center island, slider
pull-outs, Zodiac quartz counters, walk-in pantry. Living rm with
gas log FP. 3 bedrooms + office/study. World-class amenities, easy
1-story living at its finest!
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$306
Property Type
House
Property Taxes
$397
HOA Dues
$300
Year Built
2007
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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: 2 years ago (TMLS #10016154)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | Listed by Jordan Lee Real Estate | $765,000 | |
| Listed by Jordan Lee Real Estate | |||
| Feb 8, 2024 | No longer available | - | |
| No longer available | |||
| Jan 7, 2024 | In contract | - | |
| In contract | |||
| Jan 5, 2024 | Listed by Jordan Lee Real Estate | $745,000 | |
| Listed by Jordan Lee Real Estate | |||
| | |||
|
Enjoy 55+ active adult living in this gorgeous Chestnut Garden floor plan with sunroom + extended patio for outdoor entertaining with sitting wall, pavers & natural gas line for the grill. Nestled on a large .29 acre corner lot with stone front exterior. So many upgrades: irrigation system, Versa-Lift for easy & safe attic storage, NEWER HVAC, Roof & water heater. Frameless shower doors w/added tile, retractable front screen door. Kitchen w/center island, slider pull-outs, Zodiaq quartz counters, walk-in pantry. Living room with cozy gas log fireplace. 3 bedrooms plus an office/study. World-class amenities, easy 1-story living at its finest! The manager has listed the unit size as 2510 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
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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HOA + Taxes
About Amberly
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jane Lee, Jordan Lee Real Estate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10016154
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10016154
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