$840,000
●
House -
Off Market
1301 Coolmore Drive
Raleigh, NC 27614
4 Beds
3 Baths,
2
Half Baths
3,672 Ft²
$4,658
Est. Monthly
$123
HOA / Fees
2.78%
Cap Rate
About This Property
Come see this amazing home in the desirable River Oaks!
Open Floor plan, bright, open and airy!
5 car garage!
Apartment w/Bedr.& Full Bth. over Det. Garage.with additional 1/2 bath
down inside the Garage. It is Ideal for teen or Mother-in-law suite or lots of visitors!
Entertainment area outside-fire pit, bar, koi pond, deck and paver patio and irrigation. Private lot with mature trees!
Inside, Formal DR and LR-one could be used as an office. French doors, huge FR with gas log fireplace, chef's kitchen, maple cabinets, granite, stainless steel appliances, built in oven, wine fridge, bookshelves in breakfast nook for reading and enjoying your morning coffee.10' ceilings 1st flr,9' sec. flr. hardwoods on main. The owner's suite is huge with trey ceiling and glamour bath. Wait till you see the Walk-in closet! Huge bonus that opens into another room for additional flex space. This home is close to everything-540, shopping, entertainment, medical facilities. Community pool and tennis courts are located across the street!
Truly a must see!
Open Floor plan, bright, open and airy!
5 car garage!
Apartment w/Bedr.& Full Bth. over Det. Garage.with additional 1/2 bath
down inside the Garage. It is Ideal for teen or Mother-in-law suite or lots of visitors!
Entertainment area outside-fire pit, bar, koi pond, deck and paver patio and irrigation. Private lot with mature trees!
Inside, Formal DR and LR-one could be used as an office. French doors, huge FR with gas log fireplace, chef's kitchen, maple cabinets, granite, stainless steel appliances, built in oven, wine fridge, bookshelves in breakfast nook for reading and enjoying your morning coffee.10' ceilings 1st flr,9' sec. flr. hardwoods on main. The owner's suite is huge with trey ceiling and glamour bath. Wait till you see the Walk-in closet! Huge bonus that opens into another room for additional flex space. This home is close to everything-540, shopping, entertainment, medical facilities. Community pool and tennis courts are located across the street!
Truly a must see!
Unit Size
3,672 Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$231
Property Type
House
Property Taxes
$361
HOA Dues
$123
Year Built
1998
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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 #10037347)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Oct 5, 2024 | Price Decreased |
$850,000
↓ $50K
(5.6%) | |
| Price Decreased | |||
| Aug 31, 2024 | Price Increased |
$899,900
↑ $50K
(5.9%) | |
| Price Increased | |||
| Jun 22, 2024 | Listed by Mark Spain Real Estate | $850,000 | |
| Listed by Mark Spain Real Estate | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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HOA + Taxes
About North Raleigh
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Listed by: Rhonda Kosor, Mark Spain Real Estate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10037347
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10037347
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