$445,000
●
House -
Off Market
1312 Frederick Road
Garner, NC 27529
4 Beds
3 Baths
2,256 Ft²
$447,094
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Beautifully Renovated 4 bedroom Ranch home with 3 full bathrooms.
Home features an In-law or Owners suite with a separate entrance, a
den, full bathroom, access to sunroom and a ton of closet space.
Everything has been replaced, such as Plumbing, Electrical wiring
and fixtures, HVAC and ductwork, Roof, Deck, Driveway,
insulation and more. Enjoy the view in the private backyard from
the temperature controlled Sunroom or take in the sunshine on the
large deck with built-in seating. This home is like new but still
maintains that 60's Character, with a modern touch. Don't miss the
opportunity to own a home in Forest Hills, one of the best
established neighborhoods in the heart of Garner. This property is
a very short walk to Vandora Springs Elementary School and there
are several big shopping centers close by, such as White Oak and
Timber Dr. Why pay so much more to live in Raleigh when Garner is
within 10 minutes of downtown?
Unit Size
2,256 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$199
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1960
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #2520444)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 8, 2023 | Sold | ||
| Sold | |||
| Jul 7, 2023 | Listed by NextHome Triangle Properties | $449,900 | |
| Listed by NextHome Triangle Properties | |||
| Mar 20, 2023 | Listed by NextHome Triangle Properties | $260,000 | |
| Listed by NextHome Triangle Properties | |||
| Mar 9, 2023 | Sold | ||
| Sold | |||
| Dec 7, 2022 | Listed by NextHome Triangle Properties | $289,500 | |
| Listed by NextHome Triangle Properties | |||
Show More
Property Highlights
Air Conditioning
Fireplace
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 Forest Hills
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Becka Combs, NextHome Triangle Properties
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2520444
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2520444
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.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017