1705 Medfield Road
About This Property
Inside, the entire interior and trim have been freshly painted. The dining area is bathed in natural light, complemented by a kitchen featuring granite countertops, stainless steel appliances including a dual fuel range and double ovens, and a high-capacity exhaust hood. Updated with newer dishwasher and refrigerator, the kitchen is a chef's delight. The living room features a cozy gas fireplace, perfect for relaxing evenings.
Additional highlights include a spacious utility/laundry room, a tankless water heater for efficiency, and a large owner's bedroom with abundant windows and new carpeting. The owner's bath includes a dual vanity, glass walk-in shower, and a sizable walk-in closet. A versatile flex room offers various use possibilities, while two more bedrooms and two full baths ensure ample space.
The backyard oasis features a brick patio, mature trees, a fenced yard for privacy, and a convenient gas hookup for grilling. A detached 2-car garage with storage space and a generous driveway complete this exceptional property, combining modern amenities with classic charm in a desirable Raleigh setting.
Just minutes away from RTP, RDU, shopping, dining, entertainment and healthcare. You don't want to miss an opportunity to own this amazing home!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jun 18, 2024 | Listed by Coldwell Banker HPW | $599,900 | |
| Listed by Coldwell Banker HPW | |||
| | |||
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Completely renovated ranch home nestled in a prime Raleigh location with NO HOA, boasting 3 bedrooms and 3 bathrooms on nearly half an acre of land. A charming front porch invites you into the meticulously landscaped front yard with natural areas. The roof was newly replaced in 2021, ensuring peace of mind.
Inside, the entire interior and trim have been freshly painted. The dining area is bathed in natural light, complemented by a kitchen featuring granite countertops, stainless steel appliances including a dual fuel range and double ovens, and a high-capacity exhaust hood. Updated with newer dishwasher and refrigerator, the kitchen is a chef's delight. The living room features a cozy gas fireplace, perfect for relaxing evenings.
Additional highlights include a spacious utility/laundry room, a tankless water heater for efficiency, and a large owner's bedroom with abundant windows and new carpeting. The owner's bath includes a dual vanity, glass walk-in shower, and a sizable walk-in closet. A versatile flex room offers various use possibilities, while two more bedrooms and two full baths ensure ample space.
The backyard oasis features a brick patio, mature trees, a fenced yard for privacy, and a convenient gas hookup for grilling. A detached 2-car garage with storage space and a generous driveway complete this exceptional property, combining modern amenities with classic charm in a desirable Raleigh setting.
Just minutes away from RTP, RDU, shopping, dining, entertainment and healthcare. You don't want to miss an opportunity to own this amazing home!
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| Mar 28, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017