$460,000
●
House -
Off Market
1032 Ileagnes Road
Raleigh, NC 27603
3 Beds
2 Baths,
1
Half Bath
1,785 Ft²
$2,794
Est. Monthly
$255
HOA / Fees
3.78%
Cap Rate
About This Property
Iconic on Ileagnes! Located in the tree lined streets of sought
after Renaissance Park, this 3 bed / 2.5 bath home will instantly
sweep you off your feet with its pristine southern charm and curb
appeal. Step inside and be greeted with 9ft ceilings, an open floor
plan full of natural light, a large kitchen with granite
countertops / stainless steel appliances and a cozy fireplace in
the spacious living room. Head upstairs to find the primary bedroom
with a large updated bathroom and custom built - in closets along
with secondary bedrooms / bathroom and laundry room. When it's time
to relax, make your way out back to the fenced in yard with a
covered stone patio accompanied with bistro lights and lush
landscaping - a perfect oasis for unwinding or entertaining.
Impressive neighborhood amenities include a pool, clubhouse, tennis
courts, volleyball court & playground. Minutes to all that downtown
Raleigh has to offer and just a mile from the upcoming Downtown
South development!
Unit Size
1,785 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$261
Property Type
House
Property Taxes
$256
HOA Dues
$255
Year Built
2012
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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 #2539122)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 3, 2024 | Sold | ||
| Sold | |||
| Oct 26, 2023 | Listed by Compass -- Chapel Hill - Durham | $465,000 | |
| Listed by Compass -- Chapel Hill - Durham | |||
| Aug 31, 2022 | Sold | ||
| Sold | |||
| Jul 13, 2022 | Listed by Compass -- Chapel Hill - Durham | $415,000 | |
| Listed by Compass -- Chapel Hill - Durham | |||
| Sep 28, 2021 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
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 Southwest Raleigh
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Listed by: Nico Douglas Crecco, Compass -- Chapel Hill - Durham
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2539122
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2539122
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