32
Map
$799,000
●
House -
In Contract
1925 Alexander Road
Raleigh, NC 27608
3 Beds
2 Baths
1,825 Ft²
$4,568
Est. Monthly
About This Property
Beautiful field stone 1930's historical bungalow with tons of charm
in the heart of Bloomsbury/Five Points! Original hardwoods, 9' foot
ceilings, 12" trim. Lovely family room, large formal dining
room, bright kitchen that steps onto stone patio, perfect for
entertaining. Basement includes a fantastic bonus room + full bath.
Welcoming front porch with overlooking neighborhood
tree-lined street. Deep fenced yard. This lovely bungalow is ready
to be enjoyed in its current condition or upfitted to a new owner's
taste. The large lot provides numerous options for adding onto the
existing home. Walk and bike to dining, movies, parks, schools, the
Capital Greenway,!
Unit Size
1,825 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$438
Property Type
House
Property Taxes
$644
HOA Dues
-
Year Built
1930
Listed By
Garry Cutright
Calculus Commercial
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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: 23 days ago (TMLS #10186377)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | In contract | - | |
| In contract | |||
| Aug 21, 2026 | Price Decreased |
$799,000
↓ $31K
(3.7%) | |
| Price Decreased | |||
| Aug 11, 2026 | Listed by Calculus Commercial | $830,000 | |
| Listed by Calculus Commercial | |||
| Aug 30, 2022 | Sold | ||
| Sold | |||
| Jun 30, 2022 | Listed by Calculus Commercial | $765,000 | |
| Listed by Calculus Commercial | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
With View
Parking Details
Has Open Parking
Parking Features: Driveway, On Street
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s)
Appliances: Oven, Range
Flooring Type: Hardwood, Tile
Laundry Features: In Basement
Rooms: 6
Has Fireplace
Fireplace Features: Decorative
Fireplaces: 1
Basement: Partial, Partially Finished, Walk-Out Access, Heated
Exterior Details
Square Footage: 1825
Architectural Style: Bungalow
Year Built: 1930
Building Area Total: 1825
Levels: One and One Half
Other Structures: None
Construction Materials: Stone
Lot Features: City Lot
Lot Size Area: 0.22
Lot Size Units: Acres
Lot Size Acres: 0.22
Lot Size Square Feet: 9583
Water Source: Public
Financial Details
Tax Map Number: 5
Tax Assessed Value: $772,781
Tax Annual Amount: $7,727
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
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Type
Beds
Baths
ft²
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Listed On
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Closing Price
Sold On
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HOA + Taxes
About University
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Currently no similar homes aroundNearby Rentals
Listed by: Kevin Davis, Calculus Commercial
Last Updated: 23 days ago
Data Source: TMLS, MLS# 10186377
Last Updated: 23 days ago
Data Source: TMLS, MLS# 10186377
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