$675,000 - $823,000
●
Condo -
Off Market
1611 Draper View Loop #103
Raleigh, NC 27608
3 Beds
3.5 Baths,
1
Half Bath
1,684 Ft²
About This Property
Welcome to this 3-bdrm condo in the Five Points area that
seamlessly combines the convenience of condo living w/the
spaciousness of a townhouse. Step into an open floor plan adorned
w/modern finishes, including SS appliances, a gas stove, & quartz
countertops, perfect for the avid chef. The kit boasts a walk-in
pantry & center island, ideal for culinary adventures &
entertaining guests. Relax by the cozy gas log frpl or step out
onto the balcony to enjoy a breath of fresh air. The main flr
features a versatile bedroom/flex rm complete w/a king-size Murphy
bed & full bath, offering flexibility for guests or a home office.
Upstairs, discover a lrg mstr bdrm w/WIC &private bath,
providing a serene retreat after a long day. An additional bdrm
w/its own private bath ensures comfort &privacy for all
occupants. Private neighborhood dog park. Conveniently located near
parks, breweries & restaurants (1 minute walk to grab donuts &
coffee at Bright Spot for your morning commute) this condo offers
the perfect blend of urban living & tranquility.
The manager has listed the unit size as 1684 square feet.
The manager has listed the unit size as 1684 square feet.
Unit Size
1,684 Ft²
Days on Market
-
Land Size
-
Price per sqft
$445
Property Type
Condo
Property Taxes
$484
HOA Dues
$295
Year Built
-
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2024 | No longer available | - | |
| No longer available | |||
| Apr 4, 2024 | Listed | $749,900 | |
| Listed | |||
| Jul 6, 2021 | Sold | ||
| Sold | |||
| Feb 11, 2021 | Listed | $565,000 | |
| Listed | |||
| | |||
|
Recently completed new construction with an incredible Five Points location. The neighborhood is fantastic and has something for everyone. Breweries, restaurants, & parks all within walking. The Carson was designed with efficiency & functionality in mind. Wrapped in white painted brick and black casement windows, homes offer open floor plans with attractive finishes. There is a flex room on the ground floor w/ full bath that would be a great home office or guest bedroom. This one is our most affordable!
| |||
Property Highlights
Air Conditioning
Exterior Details
Brick
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 |
|---|---|---|---|---|---|---|---|
|
10/04/2024
|
3 Bed
|
4 Bath
|
1792 ft²
|
$785,000
3 Bed
4 Bath
1792 ft²
|
$785,000
12/04/2024
|
Bryan Sinnett
Compass - Raleigh
| |
|
04/04/2024
|
3 Bed
|
3.5 Bath
|
1684 ft²
|
$749,900
3 Bed
3.5 Bath
1684 ft²
|
-
-
|
Linda Craft
Linda Craft & Team, REALTORS
| |
|
06/17/2023
|
3 Bed
|
3 Bath
|
1656 ft²
|
$750,000
3 Bed
3 Bath
1656 ft²
|
$750,000
07/25/2023
|
Beth Gonella
Midtown
| |
|
06/17/2023
| |
3 Bed
|
3.5 Bath
|
-
|
$750,000
3 Bed
3.5 Bath
|
-
-
|
Beth Gonella
Midtown
|
|
05/04/2022
|
2 Bed
|
3 Bath
|
1705 ft²
|
$685,000
2 Bed
3 Bath
1705 ft²
|
$660,000
-3.65%
06/03/2022
|
Charlotte Davenport
Compass - Raleigh
| |
|
02/11/2021
|
2 Bed
|
4 Bath
|
1737 ft²
|
$565,000
2 Bed
4 Bath
1737 ft²
|
$565,000
07/06/2021
|
Bryan Sinnett
Compass - Raleigh
| |
|
05/08/2020
|
2 Bed
|
4 Bath
|
1737 ft²
|
$565,425
2 Bed
4 Bath
1737 ft²
|
$566,425
+0.18%
05/04/2021
|
Bryan Sinnett
Compass - Raleigh
| |
|
05/08/2020
|
3 Bed
|
4 Bath
|
1711 ft²
|
$564,265
3 Bed
4 Bath
1711 ft²
|
$565,000
+0.13%
12/15/2020
|
Bryan Sinnett
Compass - Raleigh
| |
|
05/08/2020
|
3 Bed
|
4 Bath
|
1694 ft²
|
$582,030
3 Bed
4 Bath
1694 ft²
|
$585,998
+0.68%
11/10/2020
|
Bryan Sinnett
Compass - Raleigh
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017