$598,000
●
Condo -
Off Market
1610 Draper View Loop #103
Raleigh, NC 27608
2 Beds
4 Baths,
1
Half Bath
1,791 Ft²
$678,849
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
A rare opportunity for a Five Points location, with the benefits of
new construction, in an unmatched price point! The Carson was
designed with efficiency & functionality in mind. Wrapped in white
painted brick and black casement windows, units will contain open
floor plans w/ top of the line finishes & 2 car garages. There is a
room on the ground floor w/ full bath that could easily be utilized
as a 3rd bedroom. This residence is now complete and ready to go!
Unit Size
1,791 Ft²
Days on Market
-
Land Size
-
Price per sqft
$334
Property Type
Condo
Property Taxes
-
HOA Dues
$250
Year Built
-
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Cap Rate Calculator
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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 #2353749)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 17, 2023 | No longer available | - | |
| No longer available | |||
| May 4, 2023 | Listed by Compass North Carolina | $720,000 | |
| Listed by Compass North Carolina | |||
| | |||
|
Looking for maintenance free living in Five Points or a newer townhome without the wait? Then you don’t want to miss this! Built in 2020, this home offers a three bedroom 3.5 bath and a two car garage with upgraded epoxy flooring as well as custom storage. Your main living on the second floor brings in lots of natural light through the open concept, 2 balconies to bring the outside in, and a fireplace to keep you cozy during the Winter. The kitchen is no short of features with an island that has quartz countertops, gas range stove, stainless steel appliances and a walk-in pantry. Other upgrades include, custom built closet organizers, glass enclosures on all tub/showers, and tankless water heater. If your ideal living is walking across the street to grab your favorite donut at Bright Spot in the morning or after work walking to grab a margarita from Lola’s Beach bar then look no further! **Seller will give a credit to paint or paint color buyer chooses. The manager has listed the unit size as 1758 square feet.
| |||
| Sep 3, 2021 | Sold | ||
| Sold | |||
| Nov 14, 2020 | Listed by Compass -- Raleigh | $598,000 | |
| Listed by Compass -- Raleigh | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Garage, Garage Door Opener, Garage Faces Front
Garage Spaces: 2
Interior Details
Bedrooms: 2
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Bathtub/Shower Combination, Ceiling Fan(s), Dining L, Eat-in Kitchen, Entrance Foyer, High Ceilings, Pantry, Quartz Counters, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Tankless Water Heater
Flooring Type: Carpet, Hardwood, Tile
Laundry Features: Laundry Room
Rooms: 5
Has Fireplace
Fireplace Features: Family Room, Gas, Gas Log
Fireplaces: 1
Exterior Details
Square Footage: 1791
Architectural Style: Transitional
Year Built: 2020
Above Grade Finished Area: 1791Square Feet
Builder Name: Build Raleigh
Building Area Total: 1791
Levels: Three Or More
Building Area Units: Square Feet
Construction Materials: Brick, Fiber Cement
Patio and Porch Features: Covered, Porch
Foundation: Slab
Lot Features: Landscaped
Lot Size Units: Square Feet
Lot Size Dimensions: 0.0
Water Source: Public
Financial Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Road Maintenance, Storm Water Maintenance, Trash
HOA Fee: $250
HOA Fee Frequency: Monthly
Utilities Details
Cooling Type: Central Air, Zoned
Heating Type: Electric, Heat Pump, Zoned
Sewer : Public Sewer
Community & neighborhood Details
Region: Raleigh
Subdivision: Carson Condos
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 |
|---|---|---|---|---|---|---|---|
|
02/24/2026
|
3 Bed
|
3 Bath
|
1832 ft²
|
$785,000
3 Bed
3 Bath
1832 ft²
|
$765,000
-2.55%
07/16/2026
|
Carin Elizabeth Head
Compass -- Raleigh
| |
|
08/23/2024
|
3 Bed
|
4 Bath
|
1777 ft²
|
$785,000
3 Bed
4 Bath
1777 ft²
|
$777,000
-1.02%
10/04/2024
|
BRYAN MOORE
THE REAL ESTATE GUYS INC.
| |
|
05/04/2023
|
3 Bed
|
3.5 Bath
|
1758 ft²
|
$720,000
3 Bed
3.5 Bath
1758 ft²
|
-
-
|
Johnny Chappell
Compass - Raleigh
| |
|
03/31/2023
|
3 Bed
|
4 Bath
|
1758 ft²
|
$720,000
3 Bed
4 Bath
1758 ft²
|
$720,000
06/02/2023
|
Marti Hampton
EXP Realty
| |
|
11/14/2020
|
2 Bed
|
3 Bath
|
1818 ft²
|
$607,665
2 Bed
3 Bath
1818 ft²
|
$607,665
02/17/2021
|
John Saieed
Dewitt Carolinas Realty
| |
|
11/14/2020
|
2 Bed
|
4 Bath
|
1791 ft²
|
$598,000
2 Bed
4 Bath
1791 ft²
|
$598,000
09/03/2021
|
Bryan Sinnett
Compass -- Raleigh
| |
|
06/05/2020
|
2 Bed
|
3 Bath
|
1786 ft²
|
$612,000
2 Bed
3 Bath
1786 ft²
|
$629,371
+2.84%
10/29/2020
|
John Saieed
Dewitt Carolinas Realty
| |
|
05/08/2020
|
2 Bed
|
3 Bath
|
1786 ft²
|
$610,605
2 Bed
3 Bath
1786 ft²
|
$615,330
+0.77%
10/02/2020
|
Bryan Sinnett
Compass - Raleigh
| |
|
05/06/2020
|
2 Bed
|
3 Bath
|
1818 ft²
|
$603,540
2 Bed
3 Bath
1818 ft²
|
$604,240
+0.12%
06/08/2021
|
John Saieed
Dewitt Carolinas Realty
| |
|
05/06/2020
|
3 Bed
|
4 Bath
|
1791 ft²
|
$598,665
3 Bed
4 Bath
1791 ft²
|
$600,000
+0.22%
07/23/2021
|
Bryan Sinnett
Compass - Raleigh
|
Building Info
1610 Draper View Loop
1610 Draper View Loop, Raleigh, NC 27608
- 1 Unit for Sale
About University
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Listed by: Bryan Sinnett, Compass -- Raleigh
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2353749
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2353749
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