$457,000
●
House -
Off Market
79 S Old Lantern Road
Timberlake, NC 27583
3 Beds
2 Baths,
1
Half Bath
2,445 Ft²
$2,552
Est. Monthly
$35
HOA / Fees
4.46%
Cap Rate
About This Property
Magnificently Built Home in Desirable Holeman Plantation! You'll be
WOWed by the Soaring Ceilings and Stone Fireplace with Built-ins
Surrounding in the Living Room. The Kitchen is fit for a Chef with
Granite Countertops, Counter seating, So Much Storage and Counter
Space, not to mention the Stainless Appliances! Easily entertain or
enjoy company from the Kitchen with a Breakfast Nook and Window
Overlooking the Living Room! First Floor Primary Suite is Spacious
with a Walk in Shower, Soaking Tub, Dual Vanity and Dual Closets!
The Fenced in Backyard is sure to be Adored from the Covered Back
Porch with Concrete Patio and Mature Landscaping! This Home is a
Showstopper as soon as you drive up! The Second Floor offers two
bedrooms, a full bath, and a large bonus room! This location is not
to be overlooked, with an easy drive into Roxboro, Durham,
Hillsborough, or Raleigh! 79 S Old Lantern Road, Timberlake, NC!
Unit Size
2,445 Ft²
Days on Market
-
Land Size
1.13 acres
Price per sqft
$190
Property Type
House
Property Taxes
$233
HOA Dues
$35
Year Built
2008
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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: 2 years ago (TMLS #10040013)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | Listed by Keller Williams Preferred Realty | $465,000 | |
| Listed by Keller Williams Preferred Realty | |||
| | |||
|
Magnificently Built Home in Desirable Holeman Plantation! You'll be WOWed by the Soaring Ceilings and Stone Fireplace with Built-ins Surrounding in the Living Room. The Kitchen is fit for a Chef with Granite Countertops, Counter seating, So Much Storage and Counter Space, not to mention the Stainless Appliances! Easily entertain or enjoy company from the Kitchen with a Breakfast Nook and Window Overlooking the Living Room! First Floor Primary Suite is Spacious with a Walk in Shower, Soaking Tub, Dual Vanity and Dual Closets! The Fenced in Backyard is sure to be Adored from the Covered Back Porch with Concrete Patio and Mature Landscaping! This Home is a Showstopper as soon as you drive up! The Second Floor offers two bedrooms, a full bath, and a large bonus room! This location is not to be overlooked, with an easy drive into Roxboro, Durham, Hillsborough, or Raleigh! 79 S Old Lantern Road, Timberlake, NC!
| |||
| Sep 11, 2020 | Sold | ||
| Sold | |||
| Jan 26, 2020 | Listed by Keller Williams Preferred Realty | $342,500 | |
| Listed by Keller Williams Preferred Realty | |||
| Dec 12, 2019 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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HOA + Taxes
About Person
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Listed by: Jessica Wilson, Keller Williams Preferred Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10040013
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10040013
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