1212 Brookside Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| Oct 14, 2025 | Price Decreased |
$649,500
↓ $19K
(2.8%) | |
| Price Decreased | |||
| Sep 11, 2025 | Listed | $668,500 | |
| Listed | |||
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Renovated one-level home in walkable downtown Raleigh featuring vaulted ceilings, a custom kitchen, and a private backyard patio for easy indoor-outdoor living. Thoughtfully updated throughout, this painted brick home blends classic charm with modern comfort. Inside, hardwood floors connect open living spaces, leading to a remodeled kitchen with custom cabinetry, checkerboard flooring, quartz-style counters, and stainless steel appliances. The owner's suite offers vaulted ceilings, exposed brick, dual closets, and a beautifully updated en-suite bath with dual sinks and a walk-in shower. Two additional bedrooms and a full guest bath provide flexibility for guests or work-from-home space.
Step outside to enjoy a brand-new wood privacy fence installed three months ago, a custom patio with lighting and power, and a versatile shed with electricity—perfect for storage, hobbies, or entertaining.
Ideally located within walking distance of Conn Elementary School, recognized as the second-best magnet school in the nation for 2024 and recipient of the Donald Waldrip Magnet School of Excellence Award, this home offers both convenience and community. Just blocks from Optimist Coffee, Standard Beer + Food, and all that downtown Raleigh offers, 1212 Brookside Drive combines character, comfort, and walkable city living.
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| Dec 11, 2018 | Sold | ||
| Sold | |||
| Oct 4, 2018 | Listed by Slate Luxury Homes | $325,000 | |
| Listed by Slate Luxury Homes | |||
| Jun 30, 2011 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017