$300,000
↓ $15K (3.6%)
●
House -
Off Market
117 Bertie Drive
Raleigh, NC 27610
3 Beds
1 Bath,
1
Half Bath
1,008 Ft²
$303,478
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Amazing investment opportunity! Next door closed at $500! Adorable
ranch home on .28 acre! 3 Bedroom 1.5 bath, tenant is month to
month. Hurry this wont last long!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$298
Property Type
House
Property Taxes
$187
HOA Dues
-
Year Built
1980
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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 #2440209)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2025 | Price Decreased |
$400,000
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Jun 22, 2025 | Price Decreased |
$415,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| May 30, 2025 | Listed | $425,000 | |
| Listed | |||
| | |||
|
Over $100K in 2023 updates! This fully renovated home is ideal for first-time buyers, Airbnb investors, mid-term rental investors, or anyone looking to downsize. Option to purchase fully furnished makes it truly move-in or rental ready.
Features include a custom kitchen with quartz countertops, oversized island, soft-close cabinets, stainless appliances, and hidden microwave. Wide-plank LVP floors, vaulted and smooth ceilings, 6'' baseboards, and updated lighting throughout. Both bathrooms are fully remodeled with tiled showers (to the ceiling), double vanity in primary, and a glass shower door.
Major updates: new HVAC, water heater, vapor barrier, and paint. Includes washer, dryer, refrigerator—all furnishings can convey with acceptable offer. Private backyard completes the package.
Less than 2 miles to Downtown Raleigh, Wake Med Hospital, NC Natural Science Museum, and I-40. Less than 15 minutes to Red Hat Amphitheater, NC State University, and North Hills.
Turnkey, stylish, and low-maintenance—this home checks all the boxes!
| |||
| Oct 13, 2023 | Sold | ||
| Sold | |||
| Mar 7, 2023 | Listed by EXP Realty LLC | $379,000 | |
| Listed by EXP Realty LLC | |||
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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
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ft²
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About East Raleigh
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Listed by: Isabel Moss, EXP Realty LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2440209
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2440209
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