7800 Secluded Acres Road
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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Dec 21, 2024 | In contract | - | |
| In contract | |||
| Dec 17, 2024 | Listed by eXp Realty, LLC - C | $1,300,000 | |
| Listed by eXp Realty, LLC - C | |||
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Multiple offers have been received and sellers are setting an offer deadline of 6:30pm on Thursday 12/19. Please send highest and best offers prior to 6:30. Discover a rare gem in the highly sought-after Wake County—a stunning 5.7-acre mini-farm nestled in the middle of Apex! This property offers the perfect blend of country living with modern convenience, featuring a spacious 5-bedroom home and an in-ground saltwater pool for ultimate relaxation. Equipped with a barn and cross fencing, the property is ideal for goats, horses, or other livestock. The barn is fully functional with electricity and hot/cold water, providing everything you need for your animals or hobbies. Mini-farms like this are becoming increasingly scarce in Wake County, making this a truly unique opportunity. Enjoy the peace of rural life while still being close to top-notch schools, shopping, dining, and major highways. Additional Features: No city taxes, large built-in refrigerator, encapsulated crawl space, new garage doors and lifts ordered, barn - 36x40, shed - 20x20
Don't miss your chance to own this versatile property! Schedule your showing today and envision your dream life in this Apex mini-farm!
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| Jul 2, 2020 | Sold | ||
| Sold | |||
| Mar 19, 2020 | Listed by Robbins and Associates Realty | $980,000 | |
| Listed by Robbins and Associates Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017