$515,000
●
House -
Off Market
1714 Carson Street
Raleigh, NC 27608
4 Beds
3 Baths
2,450 Ft²
$879,529
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model
About This Property
Renovated 4 bedroom 3 bath Bungalow in Five Points. Front
porch greets you then opens to Living, family, dining & kitchen.
Spacious secondary bedrooms. Master suite has large walk in
closet, shower & dual vanities. Daylight basement with 4th
bedroom and private full bath. Unfinished basement great for
storage. Private screen porch! Large fenced backyard w/2 car
garage at rear of property. Alley way behind garage great for
easy access. Walk to shopping, dining and much more.
Location is key here!!
Unit Size
2,450 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$210
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1935
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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 #2056733)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2025 | Sold | ||
| Sold | |||
| May 4, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed by Berkshire Hathaway HomeService | $850,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| | |||
|
Beautiful 4 bedroom, 3 bath bungalow located in the heart of Five Points. A welcoming front porch leads into an open and flowing layout that includes the living room, family room, dining area, and kitchen. The master suite features a spacious walk-in closet, dual vanities, a large shower and separate soaking tub. Generously sized secondary bedrooms provide plenty of space. The daylight basement includes a large second living room, private fourth bedroom and full bath—perfect for guests or a home office. There's also a massive unfinished area ideal for storage or future expansion. Enjoy the private screened porch overlooking a large, fenced backyard. A detached 2-car garage sits at the rear of the property, with convenient alley access. Just a short walk to all the shops, restaurants, and charm that Five Points has to offer!
| |||
| May 10, 2016 | Sold | ||
| Sold | |||
| Mar 22, 2016 | Listed by Preferred Associates | $515,000 | |
| Listed by Preferred Associates | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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About University
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Listed by: Bryan Moore, Preferred Associates
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2056733
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2056733
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