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104 Summers Drive Elon, NC $ 259,000
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104 Summers Drive
$ 259,000
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104 Summers Drive

Elon, NC, 27244
$ 259,000
Bedrooms3 Baths1.0 Sq 1,107

Monthly Estimate*

$ 1,809

104 Summers Drive, Elon, NC 27244 - Image 1
104 Summers Drive, Elon, NC 27244 - Image 2
104 Summers Drive, Elon, NC 27244 - Image 3
104 Summers Drive, Elon, NC 27244 - Image 4
104 Summers Drive, Elon, NC 27244 - Image 5
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104 Summers Drive, Elon, NC 27244 - Image 7
104 Summers Drive, Elon, NC 27244 - Image 8
104 Summers Drive, Elon, NC 27244 - Image 9
104 Summers Drive, Elon, NC 27244 - Image 10
104 Summers Drive, Elon, NC 27244 - Image 11

Single Family Home for sale in Elon, NC

for $259,000 with 3 bedrooms and 1 full bath. This 1,107 square foot home was built in 1950 on a lot size of 0.25.

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.

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Single Family Active

Price

$ 259,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,398

Style

Ranch

Lot Size

0.25

Year Built

1950

Town/City

Elon

County/Region

Alamance

MLS | Web ID

10027072
Features
General
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 N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name Boone Station
Garage Y/N N
Total Rooms 6
Status Active
Directions From Elon University Head West on E. Trollinger Ave. Left on Summers Drive. Home is on the left.
High School Alamance - West Alamance
City Elon
Buyer Agent Compensation 3.00
View Y/N N
Senior Community Y/N N
Open Parking Spaces 3
Lot Size Square Feet 10890
Waterfront Y/N N
Carport Y/N N
Street Name Summers
Elementary School Alamance - Elon
Property Attached Y/N N
Tax Annual Amount 1398
Middle/Junior High School Alamance - Western
Ok to Lease 12 Months
Lease Considered Y/N N
Days on Market 4
Structure Type House
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Flooring Carpet Laminate
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1107
Full Baths 1
Half Baths 0
Street Suffix Drive
Total Bedrooms 3
Below Grade Finished Area 0
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
Living Area Units Square Feet
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Exterior
Fencing Wood
Parking Features Gravel
Lot Features Level
Water Source Public
Lot Size Area 10890
Foundation Details Block
Spa N
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 Y
Horse Y/N N
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* Excluded Features
List By
Ed W Billings

Listing Agent

Compass -- Chapel Hill - Durham

Broker

Affordability Calculator

$1,926
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,809
Monthly Property Taxes
$117
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1713062 Elementary School
1124096 Middle School
Alamance - West Alamance High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/3/2024$259,000 Listed Price

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104 Summers Drive, Elon, NC, 27244 is a Single Family Home for sale at $259,000 with 1,107 sqft and a lot size of 0.25. 104 Summers Drive has 3 bedrooms, 1.0 baths, and was built in 1950. The property's zip code is 27244 which is in Elon, NC

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