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104 Summers Dr Elon NC 27244 MLS 10027072

$259,000

Photo one of 104 Summers Dr Elon NC 27244 | MLS 10027072
104 Summers Dr
Elon, NC 27244 MLS# 10027072

  • Bedrooms

    3

  • Baths

    1

  • Sq. Feet

    1107

  • Year Built

    1950

  • Days On Market

    16

  • $/SqFt

    $234

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Home Description: 104 Summers Dr

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.

  • # Fireplaces: 0
  • Appliances: Dishwasher,Electric Oven,Range,Refrigerator,Washer/Dryer,Water Heater
  • Flooring: Carpet,Laminate
  • Full Baths: 1
  • Half Baths: 0
  • Parking: Gravel
  • Structure: House
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Foundation: Block
  • Fencing: Wood
  • Lot: Level
  • Lot Size Acres: 0.25

Available now at $259,000

Approximate Room Sizes/Locations

Kitchen11.40 x 13.40Main
Laundry11.60 x 13.60Main
Living Room11.50 x 17.00Main
  • Property Type: Single Family Residence
  • Style: Ranch
  • Levels: One
  • New Construction: No
  • Heating: Central,Propane
  • Cooling: Central Air,Gas
  • Water Source: Public
  • Sewer: Public Sewer
  • Total HOA Dues: $0.00
  • Annual Taxes: $1,398.00
  • Listing Office: Compass -- Chapel Hill - Durham
  • List Status: Active

Neighborhood

The average asking price of a 3 bedroom Elon home in this zip code is $295,690 (14.2% more than this home).

This home is priced at $234/sqft, which is 8.5% less than similar homes in the 27244 zip code.

Map | Street | Birds Eye

104 Summers Dr Elon NC 27244

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School Information

  • Elementary:Alamance - Elon
  • Middle School:Alamance - Western
  • High School:Alamance - West Alamance

Financial

  • Approx Payment:$1,312*

Area Stats

These statistics are updated daily from the Triangle Multiple Listing Services, Inc. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (919) 616-5492 and speak with one of our real estate consultants.

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Median Price
Available
Distressed
Reduced
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0.5%
24.5%
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$525,000
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0.0%
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133
0.8%
33.1%
45

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$355,891
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41
0.0%
19.5%
37

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$362,949
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205
2.0%
26.8%
30

Butner
$283,475
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4
25.0%
75.0%
59

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110
0.9%
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33

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0.0%
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0.0%
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114
5.3%
31.6%
46

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17
5.9%
35.3%
35

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$272,450
42
7.1%
40.5%
51

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$394,530
$376,775
88
0.0%
59.1%
85

Franklinton
$544,201
$450,000
121
2.5%
28.9%
58

Gibsonville
$343,155
$349,900
44
2.3%
13.6%
35

Graham
$418,361
$375,945
90
7.8%
32.2%
43

Haw River
$364,360
$363,240
71
0.0%
12.7%
21

Henderson
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$298,900
71
7.0%
36.6%
61

Hurdle Mills
$493,100
$344,950
8
0.0%
50.0%
25

Kenly
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$323,000
48
2.1%
35.4%
72

Kittrell
$524,750
$267,000
4
0.0%
50.0%
106

Liberty
$341,862
$320,000
8
12.5%
12.5%
44

Lillington
$387,777
$383,000
246
0.0%
37.8%
66

Louisburg
$430,095
$365,000
125
3.2%
43.2%
67

Mebane
$473,957
$434,190
180
3.9%
21.1%
50

Middlesex
$366,931
$330,000
52
0.0%
17.3%
61

Nashville
$336,736
$309,900
27
3.7%
55.6%
46

New Hill
$1,040,341
$715,000
23
4.3%
26.1%
88

Oxford
$351,493
$327,450
60
3.3%
20.0%
35

Pine Level
$230,000
$230,000
1
0.0%
0.0%
10

Pittsboro
$987,205
$794,000
229
0.4%
23.6%
76

Princeton
$332,486
$344,900
31
0.0%
45.2%
46

Rocky Mount
$273,265
$245,000
146
4.1%
34.2%
55

Rougemont
$729,527
$525,000
15
0.0%
40.0%
47

Roxboro
$353,622
$297,000
76
3.9%
32.9%
33

Sanford
$386,484
$351,900
539
1.9%
28.0%
53

Selma
$347,958
$319,900
89
1.1%
32.6%
49

Siler City
$637,605
$379,900
27
14.8%
22.2%
63

Smithfield
$373,880
$349,300
194
2.1%
23.7%
56

Snow Camp
$319,688
$270,000
8
0.0%
25.0%
15

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$358,071
$328,295
48
2.1%
18.8%
45

Stem
$1,196,960
$899,900
5
0.0%
40.0%
41

Timberlake
$411,707
$422,500
14
14.3%
42.9%
41

Listing Courtesy of Compass -- Chapel Hill - Durham. For information or to schedule a viewing of this property (MLS# 10027072) located at 104 Summers Dr Elon NC 27244, call: 919 616 5492

104 Summers Dr, Elon NC is a single family home of 1107 sqft and is currently priced at $259,000 . This single family home has 3 bedrooms. A comparable home for sale at 609 Danieley Way in Elon is listed at $255,000. This home on 104 Summers Dr has not had a price change. In addition to single family homes, Highgarden also makes it easy to find Homes, New Homes and Foreclosures in Elon, NC. Greystone Park, Henton At Elon and Manning Crossing are nearby neighborhoods. MLS 10027072 has been posted on this site since 5/3/2024 (today).

2024 5/18/2024.

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