$268,000
●
House -
Off Market
863 Longleaf Pine Place
Mebane, NC 27302
4 Beds
2 Baths,
1
Half Bath
2,613 Ft²
$396,079
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Fresh Paint throughout and Brand New Carpet. Custom Built with all
of the upgrades! Landrum Floor Plan in the Popular Arbor
Creek. Granite countertops, Upgraded flooring throughout 1st floor,
Large Living Room with Gas log Fireplace, Additional Bonus/Loft,
Huge Master with immaculate walk-in closet. Exterior features
fenced in backyard and a covered patio. Move-In Ready! Easy
access to 40 and close to shopping and dining! $1500 in CC with
preferred Lender
Unit Size
2,613 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$103
Property Type
House
Property Taxes
$223
HOA Dues
$22
Year Built
2016
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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 #2251735)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by Keller Williams Elite Realty | $385,000 | |
| Listed by Keller Williams Elite Realty | |||
| | |||
|
This highly desirable Landrum floor plan in the popular Arbor Creek subdivision offers a spacious kitchen with granite countertops and stainless steel appliances. The kitchen is conveniently open to the living room. There's also a dining room, half bathroom, and office downstairs.
The upstairs space includes a generous loft, laundry area, four sizable bedrooms, and two fully appointed bathrooms. Take note of the expansive fenced backyard, designed for effortless entertaining.
Conveniently located to hospitals, shopping, restaurants and entertainment. Only 2 miles to Tanger Outlets, 14 miles to UNC Hospital and 23 minutes to Duke Hospital.
| |||
| Jul 19, 2019 | Sold | ||
| Sold | |||
| Apr 30, 2019 | Listed by Reel Realty | $269,900 | |
| Listed by Reel 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
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ft²
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HOA + Taxes
About Mebane
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Aaron Reel, Reel Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2251735
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2251735
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