31
Map
$244,900
↓ $5K (2%)
●
House -
For Sale
1200 Hazelnut Drive
Raleigh, NC 27610
3 Beds
1 Bath,
1
Half Bath
1,089 Ft²
$1,417
Est. Monthly
$15
HOA / Fees
About This Property
Don't miss this charming 1-story home featuring 3 bedrooms and 1.5
bathrooms with a functional layout designed for comfortable
everyday living. The spacious living area offers plenty of room to
relax and gather, while the kitchen provides ample cabinet and
counter space for meal preparation and entertaining. The bedrooms
offer flexibility for family, guests, or a home office, and the
convenient half bath adds extra functionality. Enjoy the outdoor
space with room for gardening, pets, or weekend gatherings. This
property presents a wonderful opportunity to add your personal
touches and make it your own. One or more photo(s) has been
virtually staged, AI generated, or rendered.
Unit Size
1,089 Ft²
Days on Market
136 days
Land Size
0.27 acres
Price per sqft
$225
Property Type
House
Property Taxes
$199
HOA Dues
$15
Year Built
1969
Listed By
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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: 9 days ago (TMLS #10173700)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2026 | Price Decreased |
$244,900
↓ $5K
(2%) | |
| Price Decreased | |||
| Sep 30, 2026 | Price Decreased |
$250,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Sep 3, 2026 | Price Decreased |
$260,000
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Jul 17, 2026 | Price Decreased |
$264,999
↓ $1K
(0.4%) | |
| Price Decreased | |||
| Jul 3, 2026 | Price Decreased |
$265,999
↓ $4K
(1.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Flooring Type: Vinyl
Rooms: 1
Exterior Details
Square Footage: 1089
Architectural Style: Traditional
Year Built: 1969
Building Area Total: 1089
Levels: One
Construction Materials: Brick
Lot Size Area: 0.27
Lot Size Units: Acres
Lot Size Acres: 0.27
Lot Size Square Feet: 11761
Water Source: Other
Financial Details
Tax Map Number: 235
Tax Assessed Value: $27,127
Tax Annual Amount: $2,385
Utilities Details
Cooling Type: Central Air
Heating Type: None
Sewer : Other
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $180
HOA Fee Frequency: Annually
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 Southeast Raleigh
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Listed by: Doug Smith, Mainstay Brokerage LLC
Last Updated: 9 days ago
Data Source: TMLS, MLS# 10173700
Last Updated: 9 days ago
Data Source: TMLS, MLS# 10173700
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.
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