50
Map
$569,900
●
House -
In Contract
1508 Tierney Circle
Raleigh, NC 27610
3 Beds
2 Baths
1,730 Ft²
$3,103
Est. Monthly
About This Property
Homes in highly desirable historic Madonna Acres rarely come around
very often and 1508 Tierney Circle is worth the wait! This modern
gem is light, bright and effortlessly livable, with souring
ceilings and open open-concept layout. Gleaming hardwood floors
throughout the home with cork floors in the kitchen for added
comfort. The kitchen is open to the family room that is adorned
with natural light and wood burning fireplace. Both baths have been
thoughtfully updated, adding a fresh elevated feel to every corner
of the home. This 3 bedroom 2 bath home offers the perfect
balance of comfort and style, complete with screened porch for slow
morning or early evening relaxation. The fenced yard is lined with
trees for added privacy. This is an absolute must see! Hurry home!
Unit Size
1,730 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$329
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1961
Listed By
Frank DeRonja
DeRonja Real Estate
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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: 3 days ago (TMLS #10184010)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2026 | In contract | - | |
| In contract | |||
| Oct 16, 2026 | Price Decreased |
$569,900
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Sep 9, 2026 | Price Decreased |
$575,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Aug 3, 2026 | Listed by Corcoran DeRonja Real Estate | $585,000 | |
| Listed by Corcoran DeRonja Real Estate | |||
| Sep 30, 2005 | Sold | ||
| Sold | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Attached Garage
Has Carport
Has Open Parking
Parking Features: Attached, Attached Carport, Carport, Covered, Driveway, On Street, Storage
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Beamed Ceilings, Breakfast Bar, Built-in Features, Ceiling Fan(s), Chandelier, Eat-in Kitchen, Entrance Foyer, Granite Counters, Kitchen Island, Open Floorplan, Recessed Lighting, Sound System, Stone Counters, Storage, Track Lighting, Tray Ceiling(s), Dual Closets, Primary Downstairs, Separate Shower, Shower Only
Appliances: Built-In Electric Oven, Built-In Electric Range, Built-In Range, Cooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Free-Standing Refrigerator, Microwave, Oven, Range Hood, Refrigerator, Washer, Washer/Dryer Stacked
Flooring Type: Cork, Hardwood, Tile, Wood
Laundry Features: In Hall, Inside, Main Level
Rooms: 7
Has Fireplace
Fireplace Features: Glass Doors, Living Room, Masonry, Raised Hearth, Wood Burning
Fireplaces: 1
Exterior Details
Square Footage: 1730
Security Features: Closed Circuit Camera(s), Fire Alarm, Security Service, Security System Owned
Architectural Style: Bungalow, Craftsman, Ranch, Transitional
Year Built: 1961
Building Area Total: 1730
Levels: One
Other Structures: Storage
Window Features: Skylight(s)
Construction Materials: Brick, Brick Veneer, Wood Siding
Patio and Porch Features: Covered, Enclosed, Front Porch, Porch, Screened, Side Porch
Lot Features: Back Yard, City Lot, Cul-De-Sac, Front Yard, Landscaped, Level, Many Trees, Pie Shaped Lot, Private, Wooded, Hardwood Trees
Lot Size Area: 0.23
Lot Size Units: Acres
Lot Size Acres: 0.23
Lot Size Square Feet: 10019
Lot Size Dimensions: 35x141x20x145x91
Water Source: Public
Financial Details
Tax Map Number: 17
Tax Assessed Value: $416,327
Tax Annual Amount: $3,651
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Ductless, Electric, Multi Units, Wall Unit(s)
Heating Type: Fireplace(s), Heat Pump, Natural Gas, None
Sewer : Public Sewer
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 Central Raleigh
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Listed by: Mark Parker, Corcoran DeRonja Real Estate
Last Updated: 3 days ago
Data Source: TMLS, MLS# 10184010
Last Updated: 3 days ago
Data Source: TMLS, MLS# 10184010
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