$848,000
●
House -
Off Market
88 Colby Lane
Angier, NC 27501
3 Beds
4 Baths
3,360 Ft²
$4,521
Est. Monthly
2.20%
Cap Rate
About This Property
BACK ON THE MARKET!!! at no fault of seller. The 'PERFECT
MODERN FARM HOUSE'' 1988 Custom Built home fully renovated in 2020
W/attached 2nd (pool) house. Sits on 7 acres of land
with (3) ponds and huge inground pool. 2022 30 yr.
architectural shingles for entire property. The primary home
has the country cottage flair with new LVP wood Floors, quartz
countertops, 2022 Dual source HVAC , ducting & blown in insulation,
New 2024 energy efficient vinyl windows,, tankless gas (on demand)
WH, Beautiful Stone fireplace w/vented gas logs, Barn doors,
upgraded Kitchen w/ all new appliances, Farmhouse sink and quartz
counter tops. Huge Owners suite w/luxury marble walk in
shower totally redesigned! 2nd ATTACHED(Pool) house offers 1
Owners suite w/full bath, 2 extra flex/office rooms /2nd full bath
laundry rm w/ W/D, full living and kitchen space.(New stove
/refrigerator).. Perfect space for in law suite or
potential rental income! Large salt water inground pool
(new liner) w/ 2023 energy efficient salt water pool pump, privacy
fence and outside shower! Beautifully landscape with 3 ponds
for fishing and enjoyment, horses welcome.......A RARE FIND with
too many upgrades to mention!!! ''WELCOME HOME''
Unit Size
3,360 Ft²
Days on Market
-
Land Size
7.05 acres
Price per sqft
$258
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
-
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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 #10053971)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Price Decreased |
$867,900
↓ $888
(0.1%) | |
| Price Decreased | |||
| Dec 2, 2024 | Price Decreased |
$868,788
↓ $100
(0%) | |
| Price Decreased | |||
| Nov 27, 2024 | Price Decreased |
$868,888
↓ $12
(0%) | |
| Price Decreased | |||
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Property Highlights
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Fireplace
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About Harnett
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Listed by: Melinda Spence, HomeSmart Expert Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10053971
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10053971
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