Address
104 Summers Drive, Elon, NC
Price
$ 259,000
Property Attributes
- MLS#10027072
- TypeSingle Family
- CountyALAMANCE
- CityElon
- AreaAlamance
- NeighborhoodBoone Station
- Zip27244
- StyleRanch
- Year Built1950
- Taxes$ 1398
- Price$ 259,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1107
- Lot Size10,890 SqFt
Data Source:
Triangle MLS (TMLS)
Property Description
Looking for an easy to rent, east to manage rental with a great return? Look no further! This student rental is oh so close to the heart of Elon University and leases itself due to a long term relationship with University fraternity. Recent upgrades include LVT flooring in common areas, new roof on the rear portion of the home, HVAC four years old. Fenced yard. Home is well maintained. Crawl space structurally reviewed and repaired. Current tenants leased thru May 31, 2023 at $2,250/mo, the following year's tenants are in place (June 1 2024-May 31 2025) at $2,400/mo. Factoring in all expenses, this year's cap rate of 7.8% and 8.5% for 2024-2025. Management is a breeze with existing property management relationship that bills on an hourly basis.
| Elementary School | Middle School | High School |
|---|---|---|
| Alamance - Elon Elementary School | Alamance - Western Middle School | Alamance - West Alamance High School |
| Price History | |
|---|---|
| 5/3/2024 | Listed $259,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Propane |
| Cooling | Central Air,Gas |
| Utilities | Cable Available,Sewer Connected,Water Connected |
| Roof | Shingle |
| Appliances | Dishwasher,Electric Oven,Range,Refrigerator,Washer/Dryer,Water Heater |
| Architectural Style | Ranch |
| Construction Materials | Vinyl Siding |
| Year Built | 1950 |
| Stories | 1 |
| Levels | One |
| Rooms | {u'RoomType': u'Primary Bedroom',u'RoomDescription': None,u'RoomLevel': u'Main',u'RoomKey': u'20240503132954660143000000',u'RoomWidth': 10.1,u'RoomFeatures': [],u'RoomLength': 11.6,u'RoomDimensions': |
| Property SubType | Single Family Residence |
| County | Alamance |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | Boone Station |
| Garage Y/N | No |
| Total Rooms | 6 |
| Status | Active |
| Directions | From Elon University,Head West on E. Trollinger Ave. Left on Summers Drive. Home is on the left. |
| ModificationTimestamp | 2024-05-07T07:03:49.000Z |
| High School | Alamance - West Alamance |
| City | Elon |
| Buyer Agent Compensation | 3.00 |
| View Y/N | No |
| Senior Community Y/N | No |
| Open Parking Spaces | 3 |
| Lot Size Square Feet | 10890 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Summers |
| Elementary School | Alamance - Elon |
| Property Attached Y/N | No |
| Tax Annual Amount | 1398 |
| Middle/Junior High School | Alamance - Western |
| Ok to Lease | 12 Months |
| Lease Considered Y/N | No |
| Days on Market | 4 |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Carpet,Laminate |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 1107 |
| Full Baths | 1 |
| Street Suffix | Drive |
| Total Bedrooms | 3 |
| Below Grade Finished Area Unit Type | Square Feet |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 1 |
| Living Area Units | Square Feet |
Exterior Features
| Fencing | Wood |
|---|---|
| Parking Features | Gravel |
| Lot Features | Level |
| Water Source | Public |
| Lot Size Area | 10890 |
| Foundation Details | Block |
| Spa | No |
| Building Area Total | 1107 |
| Lot Size Acres | 0.25 |
| Road Surface Type | Asphalt |
| Lot Size Units | Square Feet |
| Road Frontage Type | City Street |
| Open Parking Y/N | Yes |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 27244
Price
Taxes
Visits
Year Built
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This data has been updated as of May 19, 2024 2:24 AM UTC
