$604,240
●
Condo -
Off Market
1610 Draper View Loop #104
Raleigh, NC 27608
2 Beds
3 Baths,
1
Half Bath
1,818 Ft²
$706,168
RealtyHop Estimate
17.00%
Since Jul 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 unit is now complete and ready to go!
Schedule a buyers consultation to learn more!
Unit Size
1,818 Ft²
Days on Market
-
Land Size
-
Price per sqft
$332
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 #2317642)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2023 | Sold | ||
| Sold | |||
| Mar 31, 2023 | Listed by EXP Realty LLC | $720,000 | |
| Listed by EXP Realty LLC | |||
| | |||
|
Do you dream of a Downtown Raleigh lock & key lifestyle? This gorgeous townhome style condominium boasts a fabulous Five Points location & lots of seller upgrades. Right around the corner from local favorites such as Bright Spot Donuts & Neuse River Brewing, this home also has quick access to Glenwood Ave venues, The Village District, & all of Downtown. Incredible additions to the home include automated roller shades in all rooms, new frameless shower enclosure in the secondary bedroom suite, custom closet & garage shelving, & new designer lighting in the foyer. Beautiful features include blonde wood floors, gleaming white quartz countertops, crown molding, & elegantly modern ceramic tile throughout. Open Concept middle floor hosts the Family Room w/ Gas Log Fireplace & Built-In shelving, dual front & back balconies, & Kitchen with Gas Range, 4 stool eat-in center island, Walk-In Pantry, & Coffee Bar. Upstairs you will find the Primary Suite w/ Walk-In Shower & Dual Vanity, Secondary Bedroom w/ Full Ensuite Bathroom, & Laundry Room. Attached Rear Entry 2 Car Garage.
| |||
| Jun 8, 2021 | Sold | ||
| Sold | |||
| May 6, 2020 | Listed by RE/MAX United | $603,540 | |
| Listed by RE/MAX United | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Bathtub/Shower Combination, Dining L, Quartz Counters, Walk-In Shower
Appliances: 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: Gas, Living Room
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 1818
Architectural Style: Transitional
Year Built: 2020
Builder Name: Build Raleigh
Building Area Total: 1818
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 Units: Square Feet
Lot Size Dimensions: 0.0
Water Source: Public
Utilities Details
Cooling Type: 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 |
|---|---|---|---|---|---|---|---|
|
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, RE/MAX United
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2317642
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2317642
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