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Chris Pappalardo

Owner | The Chris Pappalardo Team | KW One

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833 River Point Rd , Moncure, NC 27559
$750,000
Est. Payment: $1,666.67/mo
0 Bed
0 Bath
0 Sqft
Status: Pending | Days on site: 14
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2179 - R17704,84609,87417
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House Description

Own a Part of Local History with this 39+/- Acre Farm known as "Mermaid's Point". *According to Local Legend, in the 1700's, Revolutionary War Soldiers would visit Ramsey's Tavern in Modern Day Moncure. After having a Few Beverages, the Soldiers would Walk the River and claim to see Mermaids Washing their Hair on the Sandbars. While this Story could easily be discounted as Folklore, the Origin of the Legend is nearly as Fascinating as the Mermaids Themselves. According to Oral Tradition, Soldiers Believed the Mermaids Traveled up the Cape Fear in Order to Wash Seawater from their Beautiful, Long Hair. Sadly, Mermaid's Point was eventually Flooded, leaving the Mermaids nowhere to sit above the Water and Sandbars. Ramsey's Tavern met a similar fate in the early 1900's, and the Mermaid Legend Vanished from History. Today you can enjoy the Open Fields and Pastures and Walk down a Trail to the Haw River. This Tract has Over 850 Feet Of River Frontage on The Haw River and Is Just Upstream Where The Haw meets with the Deep River. Where they Meet Forms the Cape Fear River. Enjoy the Wooded Privacy or just Relax while Fishing the Local Rivers for Catfish or Other Species. This Farm Offers Many Scenic Views and is just Minutes from Pittsboro, Sanford, Apex, Cary and the Triangle. Bring your Horses, ATV, Hunt or Canoe Along the River. Build your Country Home on this Gorgeous Open Land. Less than 10 minutes to US 1 and Easy Access to the Triangle. * Across the River From Several Plants and the Proposed Vinfast Facility. ** Do Not Enter This Property Without Calling The Listing Agent! See Aerial Map. Some Flood Plain on The Tract. Road Is Private and is Maintained By Neighbors.

Highlights

Listed by Frank Gombatz , 919-696-4249 and Gardner Reynolds , 919-749-3177 Long & Foster Real Estate INC/North Raleigh , 919-781-4452.

Property Type

Vacant Land

Lot/Acreage
39.16

County

Chatham

Neighborhood

Not in a Subdivision

Listing ID

10190218

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:See Remarks

Exterior Features

Lot:Agricultural,Cleared,Farm,Flood Plains,Garden,Many Trees,Pasture,Private,Views,Wooded,See Remarks,River On Lot
Lot Dimensions:see map
Zoning:R-1
Sewer:Septic Needed
Principal Interest
$1,667
Taxes
$10

Home Price

$750,000

Loan Details

30 yrs
%

Down Payment

20%
$150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,666.67 $9.77 $0.00 $1,676.43
Yearly $20,000.00 $117.20 $0.00 $20,117.20
Total $600,000.00 $3,516.00 $0.00 $603,516.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Moncure, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.