$440,000

835 New Derby Ln Apex, NC 27523

Estimated payment $2,924/month

Total Views 1,544
3 Beds
2.5 Baths
1,800 Sq Ft
$244 Price per Sq Ft

Highlights

  • A-Frame Home
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Laurel Park Elementary Rated A
  • 2 Car Attached Garage

About This Home

Investor Alert - Lease in Place Through September 2026! 3 Beds, 2.5 Baths, 1,795 Sq Ft.

Turnkey Investment Opportunity in Prime Apex Location, beautifully maintained 3-bedroom, 2.5-bath townhome nestled in the sought-after Salem Pointe community. This property is a prime opportunity for investors a reliable tenant is already in place through September 2026, offering immediate rental income with no rental cap in the community.

Step inside to discover a spacious, open layout with fresh paint and new carpet. The main level features hardwood floors, a modern kitchen with granite countertops, and a cozy living area that opens to a screened-in porch perfect for relaxing in comfort. Upstairs, the owner's suite boasts a tray ceiling, walk-in closet, and a luxurious ensuite with both a soaking tub and walk-in shower.

Additional highlights include:

1,796 sq ft of living space, Attached 1-car garage
Washer, dryer, and refrigerator included. HOA-maintained landscaping and community play area

Easy access to US-64 and NC-540. Minutes from downtown Apex, Costco, Beaver Creek Commons, and Bond Park

Whether you're expanding your portfolio or seeking a low-maintenance property in a high-demand area, this townhome checks all the boxes. With a reliable tenant already in place and a lease secured through September 2026, you can enjoy immediate rental income with minimal hassle.

Showings by appointment only, please allow advance notice due to tenant occupancy.

Listing Agent

Yugandhar Chedalla

Splendid Homes Realty Inc. License #332291 Listed on: 06/26/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,862

Year Built

  • Built in 2017

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space

Home Design

  • A-Frame Home
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • HardiePlank Type
  • Stone Veneer

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Laurel Park Elementary School
  • Salem Middle School
  • Green Hope High School

Additional Features

  • 2,178 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Real Manage Association, Phone Number (866) 473-2573
  • Salem Pointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0444128

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,862

Year Built

Built in 2017

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Year Built: 2017
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Subdivision Name: Salem Pointe
  • Above Grade Finished Sq Ft: 1800.0
  • Architectural Style: A-Frame
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Primary Bedroom Level: Second
  • Flooring Wood: Yes
  • General Property Information Association Phone: 866-473-2573
  • General Property Information Enhanced Accessible2: No
  • Architectural Style A-Frame: Yes
  • General Property Information Monthly Association Fees2: 165.0
  • Roof:Shingle: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 1800.0
  • General Property Information Lot Size Square Feet2: 2178.0
  • General Property Information Lot Size Acres: 0.05
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 1

Exterior Features

  • Roof: Shingle
  • Acres: 0.05
  • Construction Type: Brick, Fiber Cement, HardiPlank Type, Stone Veneer
  • Foundation Details: Slab
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Stone Veneer: Yes
  • Construction Materials:HardiPlank Type: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association Name: Real manage
  • Phone: 866-473-2573
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Real manage
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 165.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Green Hope
  • Middle Or Junior School: Wake - Salem

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0444128

Rental Info

  • Lease Term: 12 Months

Tax Info

  • Tax Annual Amount: 3861.8
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Laurel Park

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,862 $450,124 $120,000 $330,124
2023 $3,123 $282,835 $50,000 $232,835
2022 $2,932 $282,835 $50,000 $232,835
2021 $2,820 $282,835 $50,000 $232,835
2020 $2,792 $282,835 $50,000 $232,835
2019 $2,929 $256,111 $60,000 $196,111
2018 $2,759 $60,000 $60,000 $0
2017 $0 $60,000 $60,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $440,000 0.0% $244 / Sq Ft
09/21/2024 09/21/24 Rented $2,100 0.0% --
07/22/2024 07/22/24 For Rent $2,100 -- --
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $268,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $234,000 New Conventional
Closed $237,375 New Conventional
Closed $248,300 New Conventional
Source: Public Records

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Source: Doorify MLS

MLS Number: 10105615

Doorify MLS

APN: 0743.20-90-0868-000