$158,000
●
House -
Off Market
1912 Red Quartz Drive
Raleigh, NC 27610
3 Beds
3 Baths,
1
Half Bath
1,682 Ft²
$269,642
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model
About This Property
Charming transitional home with inviting front porch located in
convenient Raleigh neighborhood! Open floor plan has large Family
room with vaulted ceilings and gas logs,opening on to rear deck and
backyard. Perfect for entertaining! Bright eat in kitchen has a
large walk in pantry and a separate Laundry room. Huge Master suite
includes walk in closet, double vanities, garden tub and shower.
This home is move in ready and offers a 1 year home warranty.
Investors welcome!
Unit Size
1,682 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$95
Property Type
House
Property Taxes
-
HOA Dues
$15
Year Built
2005
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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 #2079124)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by Grow Local Realty, LLC | $340,000 | |
| Listed by Grow Local Realty, LLC | |||
| | |||
|
Welcome to your dream home in the heart of Raleigh! This inviting two-story residence offers the perfect blend of comfort, convenience, & style. With 3 spacious bedrooms and 2.5 baths, including a main suite featuring dual vanity sinks,a garden tub & stand-up shower, this home is designed for modern living. The brand-new HVAC system ensures year-round comfort, while the welcoming front porch and expansive back deck provide ideal spaces for relaxing or entertaining.
Nestled in a prime location with easy access to I-440, I-40, and Highway 70, you'll find downtown Raleigh's vibrant culture, historic neighborhoods, & renowned attractions just moments away. Enjoy the nearby Coastal Credit Music Park for an amazing concert lineup, explore world-class museums, savor Southern cuisine, or unwind in lush green spaces—all just minutes from your doorstep.
With low HOA fees & the potential for a great rental return, this home is also an excellent investment opportunity. Don't miss out on the chance to own a piece of Raleigh's dynamic lifestyle. Schedule your visit today and experience firsthand why this property is a perfect fit for your next chapter! SELLER IS OFFERING A $2500 BUYER CREDIT TO USE HOW YOU CHOOSE! NEW CARPET NEW PAINT
| |||
| Nov 2, 2016 | Sold | ||
| Sold | |||
| Jul 13, 2016 | Listed by Coldwell Banker Advantage | $159,900 | |
| Listed by Coldwell Banker Advantage | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Southeast Raleigh
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Listed by: Lorrie Berlenbach, Coldwell Banker Advantage
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2079124
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2079124
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