$477,000
●
House -
Off Market
803 Long Meadows Road
Chapel Hill, NC 27516
5 Beds
4 Baths
2,835 Ft²
$718,160
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
Great Location, and an even Greater House! Located in the Chapel
Hill/Carrboro School district, this home boasts 4 beds, 4 full
baths, w/ Master Suite upstairs. 3 additional bedrooms and a media
room upstairs. The spacious main features hardwood floors, chef's
kitchen w/ SS appliances, office, full bath, and separate dining
room. CAT5 E and speaker lines wired throughout home. Enjoy
evenings on the front porch, relax on the back screened porch, or
entertain around the fire pit on the patio. Close to UNC!
Unit Size
2,835 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$173
Property Type
House
Property Taxes
$617
HOA Dues
$216
Year Built
2010
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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 #2265489)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2024 | Price Decreased |
$750,000
↓ $15K
(2%) | |
| Price Decreased | |||
| Aug 22, 2024 | Listed by Inhabit Real Estate | $765,000 | |
| Listed by Inhabit Real Estate | |||
| | |||
|
Generous and well thought out living space in an amazing neighborhood just north of Lake Hogan Farms. The home features 5 bedrooms, with one on the main level and a 2nd floor master with 3 additional bedrooms and a bonus/office as well. Downstairs is a large kitchen open to the living room and breakfast area with a separate dining room currently employed as a play area. Welcoming stone facade out front with a covered front porch and out back is a screened porch with views of the seasonal trees. New upstairs HVAC in 2024. Walk the sidewalks and trails to playgrounds and green spaces and venture into the extensive sidewalks all through Lake Hogan Farms. Enjoy the benefits of the CH/Carrboro school system from a cute neighborhood with great proximity to Durham and Hillsborough.
| |||
| Sep 5, 2019 | Sold | ||
| Sold | |||
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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
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About Legends
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Listed by: Kher Joanna Nicho Michel-Monrose, Bold Real Estate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2265489
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2265489
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