$515,000
●
House -
Off Market
1017 River Chase Drive
Raleigh, NC 27610
3 Beds
3 Baths
3,127 Ft²
$2,886
Est. Monthly
$12
HOA / Fees
3.69%
Cap Rate
About This Property
5 Bedroom Plan/ Nature Lovers Paradise! I tried to Convince
the Sellers they could Not find a Better Property than THIS ONE!!!
They Didn't Listen, so HERE is YOUR Opportunity!!! Seller's
Comments: Wanting a life lived outdoors for your Clan? From access
to the Neuse River Greenway Trail (over 27mi long) only 1mi away,
and a play wonderland out back, this property is rare and ready to
make a million memories.Included in the woods out back are a 100 ft
zipline, 40 ft walking bridge, a constantly flowing creek, view of
20 ft waterfall on neighboring property( depends on foliage, 2
story playhouse, 15ft trampoline, 40ft pine straw slide built into
the side of the hill....GREAT for SNOW SLEDDING!!!, obstacle
course, fire pit, and plenty of property to add more attractions.
The Home is Awesome....plan is 5 Bedroom with Master Retreat/ All
Formals! Home has a New Roof and New LVP Flooring in the Kitchen
and Laundry/ This home is a 5 Bedroom Plan put on a 3 Bedroom
Septic Permitted Lot/Lots of Finished Square Footage and
Storage...Walk-in Attic Storage Check out the pics!!!
Unit Size
3,127 Ft²
Days on Market
-
Land Size
1.95 acres
Price per sqft
$173
Property Type
House
Property Taxes
$222
HOA Dues
$12
Year Built
2006
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (TMLS #2533065)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2023 | Listed by Fonville Morisey/Triangle East | $540,000 | |
| Listed by Fonville Morisey/Triangle East | |||
| | |||
|
5 Bedroom Plan/ Nature Lovers Paradise! I tried to Convince the Sellers they could Not find a Better Property than THIS ONE!!! They Didn't Listen, so HERE is YOUR Opportunity!!! Seller's Comments: Wanting a life lived outdoors for your Clan? From access to the Neuse River Greenway Trail (over 27mi long) only 1mi away, and a play wonderland out back, this property is rare and ready to make a million memories.Included in the woods out back are a 100 ft zipline, 40 ft walking bridge, a constantly flowing creek, view of 20 ft waterfall on neighboring property( depends on foliage, 2 story playhouse, 15ft trampoline, 40ft pine straw slide built into the side of the hill....GREAT for SNOW SLEDDING!!!, obstacle course, fire pit, and plenty of property to add more attractions. The Home is Awesome....plan is 5 Bedroom with Master Retreat/ All Formals! Home has a New Roof and New LVP Flooring in the Kitchen and Laundry/ This home is a 5 Bedroom Plan put on a 3 Bedroom Septic Permitted Lot/Lots of Finished Square Footage and Storage...Walk-in Attic Storage Check out the pics!!!
| |||
| Oct 20, 2006 | Sold | ||
| Sold | |||
| Apr 21, 2006 | Sold | ||
| Sold | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About River Chase
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Richard Fleming, Long & Foster Real Estate INC/Triangle East
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2533065
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2533065
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