$945,000
●
House -
Off Market
864 Pinehurst Drive
Chapel Hill, NC 27517
4 Beds
5 Baths,
1
Half Bath
5,328 Ft²
$1,638,311
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
Grand executive home in the Oaks! Three levels of estate living
with main level master suite, gourmand's kitchen featuring
stainless steel, granite, and all the bells and whistles,
office/study on main level with formal dining and family room
too. Media on second level with three beds: one bed en suite, two
share jack/ jill. Lower level has wine cellar and fitness. In
ground Pool with hot tub, gorgeous custom stonework, plentiful
decking and flat backyard, three car garage, teen suite, CHCC close
by!
Unit Size
5,328 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$192
Property Type
House
Property Taxes
-
HOA Dues
$8
Year Built
1986
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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 #2073219)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2019 | No longer available | - | |
| No longer available | |||
| May 2, 2019 | Sold | ||
| Sold | |||
| Feb 18, 2019 | Listed | $1,125,000 | |
| Listed | |||
| | |||
|
Exquisite executive home in the heart of the Oaks! New colors throughout-Main w/ formal living and dining rooms, study/office, bedroom, family room with volume ceiling and fireplace, Kitchen boasts commercial grade appliances, Master suite w/ redesigned soaking tub, oversize shower, double vanities, walk-in closets, main level laundry with custom cabinetry, 2nd level has bed with bath en-suite, two beds share jack and jill, media center, lower level w/ full bath, sauna, wine, kitchen, gym, pool, hot tub! The manager has listed the unit size as 5907 square feet.
| |||
| Dec 23, 2018 | No longer available | - | |
| No longer available | |||
| May 15, 2018 | Listed by Chapel Hill Realty Group, Inc. | $1,149,000 | |
| Listed by Chapel Hill Realty Group, Inc. | |||
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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
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ft²
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Sold On
HOA + Taxes
About The Oaks
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jay Kennihan, Chapel Hill Realty Group, Inc.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2073219
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2073219
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