743 Lorentello Circle
About This Property
You'll love this wonderful home in the popular Fiori Hill pocket neighborhood! Featuring 3 bedrooms, 2.5 baths, and an unfinished basement with room to grow! Beautiful hardwood floors throughout create a seamless flow. Craftsman-style trim details and top-down bottom-up blinds add thoughtful touches! The living room with a gas fireplace opens to the dining area and kitchen, complete with quartz counters, pantry & stainless appliances. A bright breakfast area which is also perfect for a home office offers access to the deck with peaceful wooded views!
The main-level primary suite features a vaulted ceiling, walk-in closet & private bath with dual vanity and a large tiled walk-in shower. Upstairs, both secondary bedrooms have vaulted ceilings, one with a double closet and the other with a walk-in closet & share a full hall bath, plus access to two additional storage closets!
The 885 sq ft unfinished basement is insulated and ready for expansion to fit your needs, with a walkout to the patio, fenced yard & wooded views backing to neighborhood trails to walk to town! Two assigned parking spaces are located right in front of the home for added convenience!
Community highlights include a Common House with wraparound porch, guest bedrooms, coworking space & a firepit patio; a fenced community garden with raised beds and shed; and woodland trail connections to the Eno River State Park, Occoneechee Speedway, Mountains-to-Sea Trail, and Riverwalk. Enjoy multiple gathering spaces such as Southern Green, Lorentello Park & the Common House backyard with gazebo and firepit. Ample guest parking and convenient access to the Orange County Sportsplex and downtown Hillsborough make this location ideal!
In addition, our preferred lender is offering up to 1% in lender credit, which can be applied toward closing costs or to help reduce the interest rate.
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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 |
|---|---|---|---|
| Jan 13, 2026 | Sold | ||
| Sold | |||
| Dec 3, 2025 | In contract | - | |
| In contract | |||
| Nov 18, 2025 | Price Decreased |
$529,900
↓ $8K
(1.5%) | |
| Price Decreased | |||
| Oct 16, 2025 | Listed by Smart Choice Realty Company | $538,000 | |
| Listed by Smart Choice Realty Company | |||
| May 21, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017