1308 Revolution Circle
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%.
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 |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| Apr 8, 2024 | Listed by Cary-Raleigh Realty, Inc. | $699,000 | |
| Listed by Cary-Raleigh Realty, Inc. | |||
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Nestled within the heart of Raleigh lies this exquisite 5-bedroom, 4-full-bath residence situated in the highly sought-after Renaissance Park community. The open-concept main floor showcases opulent details, trims, and wainscotings, complemented by a formal dining area featuring a tray ceiling, a butler's pantry, breakfast nook, generous walk-in pantry, and a 1st floor laundry replete with ample cabinet space. The gourmet kitchen is adorned with an oversized dine-in island, granite countertops, tiled backsplash, and high-end appliances. A serene living room, complete with built-in shelving and a cozy fireplace, offers a perfect retreat. The primary bedroom downstairs features separate his and hers walk-in closets and a luxurious ensuite bath with dual vanities, a garden tub, and a tiled walk-in shower with bench. Additionally, a spacious 1s floor guest suite, which could double as an office, adds versatility. Ascend the wood tread stairs with iron spindle railings to discover a sprawling 2nd floor loft. Upstairs, a sizable guest suite boasts a walk-in closet, while 2 other guest bedrooms are connected by a Jack and Jill bath with individual vanities. A vast unfinished attic provides ample storage or potential for future expansion into a 6th bedroom. Outside, an oversized screened porch overlooks the low-maintenance backyard. Enjoy a wealth of amenities including a clubhouse, fitness center, swimming pool, tennis courts, sand volleyball court, and playground. Boasting a harmonious blend of convenience and lifestyle, this home offers an array of modern amenities mere minutes from downtown Raleigh. Don't miss this rare opportunity to own such exceptional property in a prime location!
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| Aug 30, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017