Condo / High-rise home in Chapel Hill, NC
A Condo condo in Chapel Hill, NC, it offers 2 bedrooms and 3 bathrooms across 1,174 square feet. The Condo styling carries through the home's design.
| Price | $300,000 |
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| Beds | 2 |
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| Baths | 3 |
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| Sqft | 1174 |
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| Architectural style | Condo / High-rise (60% match) |
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| Address | 606 Oak Tree Drive Unit 606, Chapel Hill, NC 27517 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
- At $300K, this home is 17% below the $360K median for 74 similar Condo / High-rise homes in Chapel Hill, NC.
- That works out to $256 per square foot, 17% below the $309 comparable rate.
- On the market 8 days.
| This home | $300,000 |
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| Condo / High-rise median in Chapel Hill, NC | $359,500 (74 homes) |
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| Price per sq ft | $256 vs. $309 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,960/month with 20% down at a 7.28% 30-year fixed rate. You would need about $83,983 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,642/mo |
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| Property tax (new-buyer reassessed rate) | $205/mo |
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| Homeowners insurance | $113/mo |
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| Total monthly | $1,960/mo |
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| Down payment (20%) | $60,000 |
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| Income needed | $83,983/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C- (53 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C- (53/100) |
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| Beats renting in | 7% of modeled paths |
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| Modeled 5-yr equity (median) | $122,209 |
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| Range (10th to 90th pct) | $65,850 to $190,244 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Estately