$777,000
●
Condo -
Off Market
1610 Draper View Loop #106
Raleigh, NC 27608
3 Beds
4 Baths,
1
Half Bath
1,777 Ft²
$4,722
Est. Monthly
$295
HOA / Fees
1.58%
Cap Rate
About This Property
End Unit Luxury Condo in the Heart of Five Points. 3 Bedroom
3.5 Bath easy living. Open Floor plan offers Family Rm, kitchen and
Dining area. Bright kitchen w/Center island, Stainless appliances,
storage and Pantry. Built in Bookshelves and fireplace in family
rm. Spacious Bedrooms walk in closets and separate laundry room.
Porch view of Downtown Raleigh. Like New 2 Car Garage Condo living
surrounded by all the amenities Five points has to offer. Walk to
Bars, Dining, Movie and Parks!
Unit Size
1,777 Ft²
Days on Market
-
Land Size
-
Price per sqft
$442
Property Type
Condo
Property Taxes
$572
HOA Dues
$295
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: 3 years ago (TMLS #10048751)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Sep 8, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2024 | Listed by Hodge & Kittrell Sotheby's Int | $785,000 | |
| Listed by Hodge & Kittrell Sotheby's Int | |||
| Oct 29, 2020 | Sold | ||
| Sold | |||
| Jun 5, 2020 | Listed by RE/MAX United | $612,000 | |
| Listed by RE/MAX United | |||
| | |||
|
Pre-Sale opportunities within the Five Points neighborhood. The Carson was designed with efficiency and functionality in mind.Wrapped in white painted brick and black casement windows, units will contain open floor plans with top of the line appliances and finishes.Schedule a buyers consultation to learn more! *Information subject to change*
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Garage, Off Street
Garage Spaces: 2
Interior Details
Bedrooms: 3
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Bar, Bookcases, Ceiling Fan(s), Dining L, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Kitchen/Dining Room Combination, Pantry, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower
Appliances: Disposal, Gas Oven, Ice Maker, Microwave, Stainless Steel Appliance(s), Water Heater
Flooring Type: Carpet, Hardwood
Laundry Features: Laundry Room
Rooms: 7
Exterior Details
Square Footage: 1777
Architectural Style: Traditional
Year Built: 2020
Above Grade Finished Area: 1777Square Feet
Building Area Total: 1777
Levels: Tri-Level
Building Area Units: Square Feet
Construction Materials: Brick Veneer
Patio and Porch Features: Patio, Porch
Roof: Shingle
Foundation: Other
Lot Features: Views
Water Source: Public
Financial Details
Tax Annual Amount: $6,859
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA/Condo/Coop Amenities: Insurance, Landscaping, Maintenance, Maintenance Grounds, Management
HOA Fee: $295
HOA Fee Frequency: Monthly
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Utilities for Property: Cable Available
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 Moore, Hodge & Kittrell Sotheby's Int
Last Updated: 3 years ago
Data Source: TMLS, MLS# 10048751
Last Updated: 3 years ago
Data Source: TMLS, MLS# 10048751
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