1202 Ileagnes Road
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | Listed by Compass -- Raleigh | $618,000 | |
| Listed by Compass -- Raleigh | |||
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BACK ON THE MARKET - Buyer could not sell their home! Step right into this former Parade of Homes Winner! This stunning Charleston style home is a gem in the highly desirable Renaissance Park located just minutes from downtown Raleigh. New A/C in 2019, New roof in 2019, and a New tankless water heater in 2020. The first floor boasts beautiful hardwoods throughout, extensive millwork, and charming plantation shutters. The family room is the heart of the home, with built-ins and an inviting gas log fireplace, while the large formal dining room is perfect for gatherings. The chef's kitchen is a dream, featuring granite tops, stainless steel appliances, custom cabinets, and a stylish tile backsplash. The first-floor primary suite is a retreat, offering a trey ceiling, whirlpool tub with a separate tile shower, and a walk-in closet. The sunroom off the kitchen allows for all year round enjoyment. The second floor bonus room with an additional huge unfinished walk-in attic adds to the appeal.. Outside, a delightful brick-walled side courtyard with a stamped concrete patio awaits, and the community amenities include a pool, tennis and fitness room. This is the place to call home!
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| Dec 29, 2022 | Sold | ||
| Sold | |||
| Oct 14, 2022 | Listed by Compass -- Raleigh | $595,000 | |
| Listed by Compass -- Raleigh | |||
| Oct 24, 2008 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017