806 Knotty Pine Drive
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 |
|---|---|---|---|
| Mar 6, 2025 | Sold | ||
| Sold | |||
| Feb 6, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Price Decreased |
$404,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Jan 9, 2025 | Listed by DASH Carolina | $409,900 | |
| Listed by DASH Carolina | |||
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This stunning, move-in ready home built in 2022 is located in the desirable Havenstone neighborhood, just minutes from Lake Michael and downtown Mebane. Enjoy the perfect blend of modern upgrades, tranquil surroundings, and a convenient location close to shops, restaurants, and outdoor activities. As you enter, you'll be greeted by a spacious foyer that leads to a home office or bedroom featuring elegant French doors. The open-concept floor plan creates an inviting atmosphere, with luxury vinyl plank flooring throughout the main level. The heart of the home is the beautiful custom kitchen, complete with a large island, granite countertops, a walk-in pantry, and plenty of cabinetry. The kitchen seamlessly connects to the bright dining area and cozy living room, making it perfect for both everyday living and entertaining. The second floor features a versatile loft area that's flooded with natural light...a great space for relaxing, reading, or game nights. Large secondary bedrooms and a full bath provide comfort for everyone. The spacious primary suite is a true retreat, with a tray ceiling, walk-in closet, and a luxurious ensuite bath featuring double vanities, a soaking tub, a walk-in shower, a separate water closet, and a generous linen closet. Smart home features include a SmartHub, video doorbell, Z-Wave door lock, and light switches for added convenience. Outside, the covered front porch offers a warm welcome, while the rear patio overlooks the fenced backyard, which backs up to a peaceful wooded area...perfect for enjoying nature. A convenient storage shed and a double garage provide ample space for all your storage needs. Take a stroll through the neighborhood and enjoy meeting neighbors, or walk to nearby Lake Michael for nature trails and outdoor fun. Explore the vibrant downtown Mebane, just a few minutes away, with its charming shops, restaurants, and regular community events. Local favorites include Filament Coffee for breakfast, La Fiesta and Ciao Pizza for lunch, and 2 Twelve Seasonal Kitchen & Bar for dinner. Enjoy a relaxing evening at Wooden Nickel Pub or Bright Penny Brewing, both offering great food and a lively atmosphere. Living in this home means enjoying the best of both worlds: a peaceful retreat with easy access to city conveniences!
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| Nov 20, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017