$1,650,000
- 8 Beds
- 4 Baths
- 3,649 Sq Ft
501 North St, Chapel Hill, NC 27514
David Wilson Carolina's Choice Real Estate
Frequently Asked Questions
Is Franklin-Rosemary a good place to live?
Franklin-Rosemary is a good place to live. Franklin-Rosemary is considered car-dependent and bikeable with good transit options. Franklin-Rosemary is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. It has a median age of 28. The average household income is $113,602 which is above the national average. College graduates make up 73.7% of residents. A majority of residents in Franklin-Rosemary are renters, with 58.5% of residents renting and 41.5% of residents owning their home. A local real estate agent serving Franklin-Rosemary can help you decide if this neighborhood is the right one for you. Learn more on our Franklin-Rosemary neighborhood guide.
Is Franklin-Rosemary, NC a safe neighborhood?
Franklin-Rosemary, NC is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Franklin-Rosemary?
The median home price in Franklin-Rosemary is $1,542,500. If you put a 20% down payment of $308,500 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $7,980 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $342K a year to afford the median home price in Franklin-Rosemary. The average household income in Franklin-Rosemary is $114K.
What are the best public schools in Franklin-Rosemary?
The best public schools that serve Franklin-Rosemary are:
- East Chapel Hill High School has an A+ Niche grade, a student teacher ratio of 16:1 and an average review score of 3.7.
- Phillips Middle School has an A Niche grade, a student teacher ratio of 11:1 and an average review score of 4.0.
- Culbreth Middle School has an A Niche grade, a student teacher ratio of 13:1 and an average review score of 2.8.
What are the best private schools in Franklin-Rosemary?
The best private schools that serve Franklin-Rosemary are:
- St. Thomas More Catholic School has a student teacher ratio of 9:1.
- Montessori Day School has a student teacher ratio of 15:1.
What are the most popular zip codes in Franklin-Rosemary, Chapel Hill, NC?
What are the most popular neighborhoods near Franklin-Rosemary, Chapel Hill, NC?
The most popular neighborhoods near Franklin-Rosemary, Chapel Hill, NC are Northside, Greenwood, Downtown Chapel Hill, Outlying Carrboro and The Oaks.
Are home prices dropping in Franklin-Rosemary?
Yes, home prices in Franklin-Rosemary are down 7% in the last 12 months.
