$469,000
●
House -
Off Market
1700 Millwright Court
Raleigh, NC 27614
4 Beds
3 Baths,
1
Half Bath
3,111 Ft²
$657,569
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Straight out of Southern Living, this true craftsman is truly a
unique find in Falls River. Soaring ceilings, beams, shiplap &
refin hd'wood floors are the backdrop of a light & airy open
floorplan. Huge kitchen w/ large island, painted cabinets, dual
ovens. 1st FLR MASTER w/ vaulted master bath, 2 sep walk in
closets. 3 secondary bedrooms up w/ great closet space & two full
baths. Large bonus w/ vaulted ceiling & large w/i closet. Walk in
attic storage. Private backyard, scrnd porch & lg patio
Unit Size
3,111 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$151
Property Type
House
Property Taxes
$362
HOA Dues
$30
Year Built
1997
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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 #2313755)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2020 | Sold | ||
| Sold | |||
| Apr 15, 2020 | Listed by Core Realty Advisors | $469,000 | |
| Listed by Core Realty Advisors | |||
| Apr 15, 2015 | Sold | ||
| Sold | |||
| Feb 18, 2015 | Listed by Compass -- Chapel Hill - Durham | $385,000 | |
| Listed by Compass -- Chapel Hill - Durham | |||
| | |||
|
Stunning Craftsman features. Upgrades galore in this former Robuck Parade of Homes. Low country gem on a cul de sac lot, hardwood floors, kitchen includes 42" custom maple glass display cabinets, tile countertop counter island, stainless steel GE appliances, butler's pantry, laundry room w/sink, built in bookcase, stunning tile fireplace, french doors, screened in porch, dual patios. Walking distance to Greenway and Swimming Pool. Base Elementary School for next year to be Abbots Creek
| |||
| Aug 28, 2009 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About North Raleigh
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Listed by: Carrie Schlegel, Core Realty Advisors
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2313755
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2313755
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