$447,900
●
House -
Off Market
1023 Brighton Drive
Raleigh, NC 27610
3 Beds
2 Baths,
1
Half Bath
1,660 Ft²
$578,778
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
A southern home is simple & practical while maintaining an air of
elegance & grace. These elements you will find when you pull up to
the double porches of this custom built home. Warm hardwoods
envelop you when you enter the open main floor & note the bright
white trim, modern fixtures & cozy fireplace. Upgraded white
cabinets & beautiful granite countertops are sure to delight any
cook. Join BREW, Union Special, Woof Gang, Mordecai Bev Co & become
a part of this immensely popular sect of the Oak City!
Unit Size
1,660 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$274
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
2018
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Cap Rate Calculator
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Cap Rate
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 #2354219)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | Listed by Keller Williams Preferred Realty | $550,000 | |
| Listed by Keller Williams Preferred Realty | |||
| | |||
|
This delightful home is beautifully staged and back on the market! Don't miss all that this home has to offer, with great natural sunlight, hardwood flooring, multiple outdoor living areas, and fresh paint in the main living areas and bedrooms. On the main floor you'll appreciate the open floor plans including a spacious kitchen, dining area, and large living room. The second story features a primary bedroom, two secondary bedrooms and a full bath. The primary bedroom is complete with a balcony, walk-in closet, and large primary bath with tile shower and double sinks. Centrally located near downtown, the property boasts lovely front flower beds and trees. Enjoy the convenience of being within walking distance to the Greenway, while being surrounded by amazing local shops and restaurants, making it an ideal place to call home!
| |||
| Feb 21, 2023 | Sold | ||
| Sold | |||
| Feb 18, 2021 | Sold | ||
| Sold | |||
| Nov 18, 2020 | Listed by Pinnacle Group Realty | $455,000 | |
| Listed by Pinnacle Group Realty | |||
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Property Highlights
Parking Available
Air Conditioning
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 East Raleigh
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Listed by: Kelli Kaspar, Pinnacle Group Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2354219
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2354219
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