$535,000
●
House -
Off Market
83 Salt Cedar Lane
Chapel Hill, NC 27516
4 Beds
4 Baths,
1
Half Bath
2,126 Ft²
$566,766
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Come check out this Briar Chapel home conveniently located about a
block from Great Meadow Park. Main house offers an open concept for
kitchen, family, & dining room that is full of natural light!
Features granite counters & stainless steel appliances, Interior
Paint and Carpet (2021), Smart Locks and Thermostat! The 2nd floor
boast a comfortably sized owners' suite with large closet to match,
separate tub/shower, & double sink, plus 2 more bedrooms and full
bath! Looking for some extra space? The property includes a
wonderful finished room over the garage with full bath and closet
space! Come check out the property and stay for the AMMENITIES
Briar Chapel has to offer! Seaforth High School is now
districted for Briar Chapel
Unit Size
2,126 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$259
Property Type
House
Property Taxes
$186
HOA Dues
$140
Year Built
2015
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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: 3 years ago (TMLS #2478172)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 7, 2023 | Sold | ||
| Sold | |||
| Oct 7, 2022 | Listed by Carolina Realty of Chapel Hill | $550,000 | |
| Listed by Carolina Realty of Chapel Hill | |||
| Apr 23, 2021 | Sold | ||
| Sold | |||
| Aug 22, 2018 | Sold | ||
| Sold | |||
| Jul 12, 2018 | Listed by Carolina Realty of Chapel Hill | $349,900 | |
| Listed by Carolina Realty of Chapel Hill | |||
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 Briar Chapel
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Listed by: Adam Stiffler, Carolina Realty of Chapel Hill
Last Updated: 3 years ago
Data Source: TMLS, MLS# 2478172
Last Updated: 3 years ago
Data Source: TMLS, MLS# 2478172
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