$580,000
●
House -
Off Market
7917 Blaney Franks Road
Apex, NC 27539
3 Beds
2 Baths,
1
Half Bath
2,042 Ft²
$3,074
Est. Monthly
3.64%
Cap Rate
About This Property
You can spread out and enjoy nature at this amazing home sitting on
1.62 acres of HOA free living. Its prime location provides
easy access to the nearby recently finished Triangle Expressway,
making commutes a breeze, while placing you just minutes from an
array of parks and shopping options for leisure and convenience.
The home boasts a brand-new roof and stylishly updated kitchen and
bathrooms, ensuring peace of mind and move-in-ready appeal. You
will love the large family room with reclaimed wood floros and
upstairs large bedrooms with good closet space. A finished room
over the detached garage offers versatile space-perfect for a home
office, gym, or hobby room-though it lacks heating or cooling.
Outside, a circular driveway leads to the detached oversized 2-car
garage, providing ample storage and parking. The fenced-in yard and
rear deck create an ideal setting for relaxation or entertaining,
while the inviting wraparound front porch adds timeless curb appeal
to this delightful retreat.
Unit Size
2,042 Ft²
Days on Market
-
Land Size
1.62 acres
Price per sqft
$282
Property Type
House
Property Taxes
$250
HOA Dues
-
Year Built
1987
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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: 2 years ago (TMLS #10085479)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 5, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Listed by City to Coast Realty | $575,000 | |
| Listed by City to Coast Realty | |||
| May 22, 2023 | Sold | ||
| Sold | |||
| Apr 12, 2023 | Listed by City to Coast Realty | $469,900 | |
| Listed by City to Coast Realty | |||
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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
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 Whippoorwill Downs
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Listed by: Ray Williamson, City to Coast Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10085479
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10085479
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