1001 Helms Place
About This Property
delightful residence offers 1,518 square feet of comfortable living space, featuring 3 spacious bedrooms and 2 well-appointed bathrooms. The home's classic ranch-style architecture is complemented by a welcoming covered front porch, perfect for enjoying the serene surroundings. Step inside to discover a
thoughtfully designed interior that seamlessly blends modern updates with timeless charm. The open-concept living area boasts smooth ceilings and hardwood flooring, creating a warm and inviting atmosphere. The kitchen is equipped with granite countertops and stainless steel appliances, including a dishwasher and microwave, and refrigerator catering to both everyday meals and entertaining. The primary suite offers a peaceful retreat with an en-suite bathroom featuring elegant tile work and contemporary fixtures. Two additional bedrooms provide ample space for family, guests, or a home office. Both bathrooms have been tastefully updated, showcasing quality craftsmanship and attention to detail. Outside, the nearly 1/3-acre lot provides ample space for outdoor activities and gardening. The property includes two flex spaces that can be used for either dining or office space, offering practical solutions for versatile needs. The home's exterior features wood and aluminum siding in vibrant white, adding to its enduring appeal. Located just 3 miles from Raleigh's vibrant downtown, this home offers convenient access
to a variety of dining, shopping, and entertainment options. Outdoor enthusiasts will appreciate the proximity to the Crabtree Creek Greenway, ideal for biking and leisurely walks. Additionally, the nearby Alamo Cinema Drafthouse provides a unique venue for movie lovers. Experience the perfect blend of comfort, style, and convenience at 1001 Helms Place-a place you'll be proud to call home.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2025 | Price Decreased |
$385,000
↓ $30K
(7.2%) | |
| Price Decreased | |||
| May 10, 2025 | Price Decreased |
$415,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Mar 28, 2025 | Listed by EXP Realty LLC | $424,999 | |
| Listed by EXP Realty LLC | |||
| Oct 30, 2023 | Sold | ||
| Sold | |||
| Jul 13, 2023 | Listed by EXP Realty LLC | $280,000 | |
| Listed by EXP Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017