$565,000
●
House -
Off Market
1116 Hardimont Road
Raleigh, NC 27609
3 Beds
2 Baths
1,562 Ft²
$3,016
Est. Monthly
3.67%
Cap Rate
About This Property
Highly functional ranch-style home boasting an inviting open floor
plan situated in the desirable North Hills neighborhood. This home
features stunning solid hardwood floors throughout, eliminating any
trace of carpet. The modern kitchen is equipped with abundant
cabinet space and a generously sized island, perfect for culinary
endeavors. The third bedroom option offers versatility, ideal for a
cozy home office with custom built-ins. Enjoy the convenience of a
separate, dedicated laundry room. Step outside onto the oversized
deck, overlooking the expansive and fully fenced backyard, offering
ample space for outdoor enjoyment. Plus, take advantage of the
proximity to the upcoming Standard Beer location, just a short walk
away.
Unit Size
1,562 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$352
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1967
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #10015428)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 11, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | Listed by Compass -- Raleigh | $550,000 | |
| Listed by Compass -- Raleigh | |||
| | |||
|
Highly functional ranch-style home boasting an inviting open floor plan situated in the desirable North Hills neighborhood. This home features stunning solid hardwood floors throughout, eliminating any trace of carpet. The modern kitchen is equipped with abundant cabinet space and a generously sized island, perfect for culinary endeavors. The third bedroom option offers versatility, ideal for a cozy home office with custom built-ins. Enjoy the convenience of a separate, dedicated laundry room. Step outside onto the oversized deck, overlooking the expansive and fully fenced backyard, offering ample space for outdoor enjoyment. Plus, take advantage of the proximity to the upcoming Standard Beer location, just a short walk away.
| |||
| Apr 6, 2021 | Sold | ||
| Sold | |||
| Feb 22, 2021 | Listed by Compass -- Raleigh | $425,000 | |
| Listed by Compass -- Raleigh | |||
| Feb 19, 2021 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
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 North Hills
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: David Worters, Compass -- Raleigh
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10015428
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10015428
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017