$615,000
●
House -
Off Market
83 Forked Pine Court
Chapel Hill, NC 27517
5 Beds
4 Baths,
1
Half Bath
5,251 Ft²
$842,298
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Absolutely stunning custom home on large nature lot. You will fall
in love with the charm of this home that features open family rm,
natural gas fireplace, gourmet kitchen w custom cabinets & granite
counters, finished bonus room, oversized bedrooms. Main floor
master w /tray ceiling, w/o to screened porch. Full finished
basement LARGE home theater (equip.conveys) many flex spaces, large
second bonus in Basement. Newly painted! One of the largest lots in
the neighborhood, privacy and natural area behind.
Unit Size
5,251 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$120
Property Type
House
Property Taxes
$450
HOA Dues
$85
Year Built
2006
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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 #2305946)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2020 | Sold | ||
| Sold | |||
| Mar 5, 2020 | Listed by Absolute Realty Company, LLC | $629,900 | |
| Listed by Absolute Realty Company, LLC | |||
| Jul 6, 2019 | No longer available | - | |
| No longer available | |||
| Jun 3, 2019 | Price Decreased |
$650,000
↓ $33K
(4.9%) | |
| Price Decreased | |||
| Nov 9, 2018 | Listed | $683,150 | |
| Listed | |||
| | |||
|
Call LA Yvonne Beal, Realty World Carolina Props for info 919-599-9500. Absolutely stunning custom home on large nature lot. This home that features open family rm, natural gas fireplace, gourmet kitchen with custom cabinets & granite counters, finished bonus room, oversized bedrooms. Main floor master bedroom w/tray ceiling, w/o to screened porch. Full finished basement LARGE home theater (equip.conveys) many flex spaces, large second bonus in Basement. One of the largest lots in the neighborhood. The manager has listed the unit size as 5251 square feet.
| |||
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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
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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 The Preserve
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Currently no similar homes aroundNearby Rentals
Listed by: Yvonne Beal, Absolute Realty Company, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2305946
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2305946
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