Zip Code
197 Young Mill Rd, Lexington, NC 27292
3 beds · 2 baths · 980 sq ft · Lot: 42,253 sq ft · Single Family Home · Last Sold: $105K in 2023 · Built: 1988
Est. Value:
$153K
Est. Rent:
$1.6K/month

197 Young Mill Rd Lexington, NC 27292

3 beds · 2 baths · 980 sq ft · Lot Size: 42,253 sq ft · Single Family Home
Est. Property Value: $153,493

High Demand Long-Term RentalValued below Market MedianLarge Lot AdvantageOwned for Less Than 5 Years

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

197 Young Mill Rd is in the 27292 neighborhood of Lexington, NC. It is located in Davidson County and ZIP code 27292. This Single Family Home was built in 1988 and is approximately 37 years old. The single family home spans 980 sq ft with 3 bedrooms and 2 bathrooms and sits on a 42253 sq ft lot. According to public records, it was last sold in 2023 for $105,000. Analyze and compare real estate investment strategies for properties like this home at 197 Young Mill Rd Lexington, NC 27292 with Property Intel by Whitepages.

Investment Potential for 197 Young Mill Rd

The property has a current estimated value of $153,493, which is 30% below the zip median, based on public records. It last sold on August 11, 2023 for $105K. Projected long-term
is $18,600 annually ($1,550 per month) with a 85% occupancy rate.

Discover more Single Family Homes in 27292.
See Recommended Properties

Long-Term

Gross Rental
$18,600 per year($1,550 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
85%in 27292 zip code
 
View Rental Potential

Owners & Occupancy for 197 Young Mill Rd

No contact information is available.

Occupancy

Current Occupancy******View Occupancy
Resident 1************** age 30
Resident 2*****************
Resident 3***********
Resident 4*************** age 64

Property Details for 197 Young Mill Rd

Property Details

Property Sq Ft

Living Area

980 sq ft

35% below market

Lot Size

42,253 sq ft

29% above market

Price Per Sq Ft

Living Area

$157 / sq ft

6% above market

Lot Size Area

$4 / sq ft

59% below market

Property condition, age, exterior, etc. for 197 Young …
Longitude: -80.265258 Latitude: 35.694195 Parcel Number (APN): 06-025-0-000-0027-0-0-0…
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Recommended Properties in 27292

Discover more single family homes near 197 Young Mill Rd in Lexington, North Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

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    Est. Value

    312 Frank Fleer Rd, Lexington, NC 27292

    3 beds · 2 baths · 816 sq ft · Last Sold: $25,000 in 2009 · Built: 1969

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    141 Crescent Dr, Lexington, NC 27292

    3 beds · 2 baths · 1,155 sq ft · Built: 1997

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    3 beds · 2 baths · 1,486 sq ft · Last Sold: $160,500 in 2007 · Built: 2000

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    207 Burler St, Lexington, NC 27292

    3 beds · 1 baths · 1,128 sq ft · Built: 1959

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    3 beds · 2 baths · 1,658 sq ft · Last Sold: $375,000 in 2007 · Built: 2007

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    526 Wrenn Dr, Lexington, NC 27292

    3 beds · 1 baths · 1,053 sq ft · Built: 1985

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    600 Burkhart Rd, Lexington, NC 27292

    3 beds · 2 baths · 2,290 sq ft · Last Sold: $223,000 in 2005 · Built: 1978

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    1896 Wright Rd, Lexington, NC 27292

    3 beds · 2 baths · 1,677 sq ft · Built: 1986

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    161 Sailors Rest Dr, Lexington, NC 27292

    3 beds · 2 baths · 1,942 sq ft · Last Sold: $95,000 in 2006 · Built: 2015

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    161 Lee Ann Dr, Lexington, NC 27292

    3 beds · 2 baths · 1,624 sq ft · Built: 1992

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    Est. Value

    108 Dearr Dr, Lexington, NC 27292

    3 beds · 2 baths · 1,803 sq ft · Last Sold: $135,000 in 2020 · Built: 1968

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    Est. Value

    2110 Peacock Dr, Lexington, NC 27292

    3 beds · 1 baths · 1,267 sq ft · Last Sold: $75,000 in 2015 · Built: 1972

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    Est. Value

    495 Billy Smith Rd, Lexington, NC 27292

    3 beds · 1 baths · 1,081 sq ft · Last Sold: $104,000 in 2016 · Built: 1989

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    Est. Value

    516 Lake Shore Ave, Lexington, NC 27292

    3 beds · 2 baths · 1,400 sq ft · Last Sold: $225,000 in 2017 · Built: 1994

  • $115K - $126K

    Est. Value

    519 Greensboro St, Lexington, NC 27292

    3 beds · 1 baths · 1,468 sq ft · Last Sold: $125,000 in 2014 · Built: 1922

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    Est. Value

    749 Riverview Dr, Lexington, NC 27292

    3 beds · 2 baths · 1,456 sq ft · Last Sold: $180,000 in 2017 · Built: 1986

  • $192K - $214K

    Est. Value

    338 Old Nc Highway 109, Lexington, NC 27292

    3 beds · 2 baths · 1,620 sq ft · Built: 2000

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    Est. Value

    186 Shannon Dr, Lexington, NC 27292

    3 beds · 2 baths · 1,456 sq ft · Built: 1971

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    Est. Value

    11269 Nc Highway 8, Lexington, NC 27292

    3 beds · 2 baths · 1,624 sq ft · Last Sold: $8,500 in 2005 · Built: 1997

  • $233K - $270K

    Est. Value

    1209 Fairview Dr, Lexington, NC 27292

    3 beds · 2 baths · 2,216 sq ft · Last Sold: $186,500 in 2021 · Built: 1971

Market Benchmarks

Compare data for 197 Young Mill Rd in Davidson County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$153,493
$275,142
-$121,649 (-44%)
$******
$398,141
-$168,254 (-42%)
YoY Price Change
****%
2.32%
365%
Year Built
1988
1990
-2 years
Living Space
980 sq ft
1,589 sq ft
-609 (-38%)
$ Per Living Sq Ft
$157
$169
-$12 (-7%)
Lot Size
42,253 sq ft
20,473 sq ft
21780 (106%)
$ Per Lot Sq Ft
$4
$17
-$13 (-78%)

Net Operating Income
$*****
$17,038
-$2,291 (-13%)
Annual Revenue
$18,600
$22,800
-$4,200 (-18%)
$****
$5,773
-$1,920 (-33%)
Net Operating Income
$*****
$17,038
-$2,291 (-13%)
Cap Rate
****%
6%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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