$608,850
●
Condo -
Off Market
1601 Draper View Loop #101
Raleigh, NC 27608
2 Beds
3 Baths,
1
Half Bath
1,706 Ft²
$692,472
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
Beautiful end-unit in the Carson community. All units contain open
floor plans with top of the line finishes and attached 2 car
garages. The room on the ground floor could easily be utilized as a
3rd bedroom or office/flex space. Tasteful exterior is wrapped in
white painted brick and black casement windows. Amazing views of
the Raleigh skyline from your balcony!
Unit Size
1,706 Ft²
Days on Market
-
Land Size
-
Price per sqft
$358
Property Type
Condo
Property Taxes
-
HOA Dues
$250
Year Built
-
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Cap Rate Calculator
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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 #2395688)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2021 | Sold | ||
| Sold | |||
| Jul 14, 2021 | Listed by Compass -- Raleigh | $610,000 | |
| Listed by Compass -- Raleigh | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Ceilings, Pantry, Walk-In Closet(s), Bathtub/Shower Combination, Kitchen/Dining Room Combination, Quartz Counters, Walk-In Shower
Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Range Hood, Tankless Water Heater
Flooring Type: Carpet, Hardwood, Tile
Laundry Features: Laundry Room, Upper Level
Rooms: 5
Exterior Details
Has Property Attached
Square Footage: 1706
Architectural Style: Traditional, Transitional
Year Built: 2021
Building Area Total: 1706
Levels: Three Or More
Building Area Units: Square Feet
Construction Materials: Brick, Fiber Cement
Patio and Porch Features: Covered, Porch
Lot Features: Landscaped
Lot Size Dimensions: Condo
Water Source: Public
Utilities Details
Cooling Type: Central Air, Heat Pump, Zoned
Heating Type: Electric, Heat Pump, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Trash, Road Maintenance, Storm Water Maintenance
HOA Fee: $250
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/14/2021
|
2 Bed
|
3 Bath
|
1706 ft²
|
$610,000
2 Bed
3 Bath
1706 ft²
|
$609,000
-0.16%
09/10/2021
|
Bryan Sinnett
Compass -- Raleigh
|
Building Info
About University
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Bryan Sinnett, Compass -- Raleigh
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2395688
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2395688
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