$650,000
●
House -
Off Market
7849 Circle L Trail
Rougemont, NC 27572
3 Beds
2 Baths,
1
Half Bath
2,036 Ft²
$3,859
Est. Monthly
2.14%
Cap Rate
About This Property
Custom-built in 2002, this 2,036 sq. ft. ranch sits on 25.24
private acres - just 20 mins to Durham & Hillsborough! Step
onto the huge front porch and into an open living/dining area with
hardwood floors, pine walls and a rock fireplace with woodstove.
The spacious kitchen features an island, granite countertops,
pantry, skylights, recessed lighting. Down the hall, you'll find a
large laundry/mudroom with ½ bath (W/D convey). The split-bedroom
layout includes two guest rooms with full bath on one side, and a
private primary suite on the other with walk-in closet and en-suite
bath with walk-in shower. Enjoy your morning coffee in the cozy
sunroom overlooking the patio. Tons of attic storage! Outside,
there is a massive 84x33 metal building with 12' W, 10'' H garage
door, concrete flooring, electricity, a kitchen, full bath,
attached lean-to, 22x12 storage building, and a pond. Peaceful,
private, and packed with potential. No HOA & no city taxes!
Unit Size
2,036 Ft²
Days on Market
-
Land Size
25.24 acres
Price per sqft
$332
Property Type
House
Property Taxes
$544
HOA Dues
-
Year Built
2002
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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: 7 months ago (TMLS #10102286)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 3, 2026 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Aug 29, 2025 | Price Decreased |
$675,000
↓ $115K
(14.6%) | |
| Price Decreased | |||
| Jun 11, 2025 | Listed by Re/MaxDiamond Realty | $789,900 | |
| Listed by Re/MaxDiamond Realty | |||
Property Highlights
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 Orange
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Listed by: Mickey Tripp, Re/MaxDiamond Realty
Last Updated: 7 months ago
Data Source: TMLS, MLS# 10102286
Last Updated: 7 months ago
Data Source: TMLS, MLS# 10102286
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