19
Map
$690,000
↓ $10K (1.4%)
●
House -
For Sale
2005 Katesbridge Lane
Raleigh, NC 27614
5 Beds
3 Baths,
1
Half Bath
3,956 Ft²
$3,980
Est. Monthly
$18
HOA / Fees
About This Property
Spacious North Raleigh home located at 2005 Katesbridge Lane
offering a functional layout and room to grow. Main level features
generous living and dining spaces, ideal for both everyday living
and entertaining. Kitchen opens to the living area with plenty of
storage and workspace. Upstairs you will find well sized secondary
bedrooms, including two that share a Jack and Jill bath, plus an
additional bedroom with its own private bath. The bonus room with
wet bar provides the perfect space for entertaining or relaxing,
while an additional flex room can serve as a bedroom, office, or
second bonus area. Enjoy outdoor living with a spacious yard in an
established North Raleigh neighborhood known for larger lots and
mature surroundings . Convenient to shopping, dining, and major
commuting routes.
Unit Size
3,956 Ft²
Days on Market
181 days
Land Size
0.42 acres
Price per sqft
$174
Property Type
House
Property Taxes
$574
HOA Dues
$18
Year Built
1997
Listed By
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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: 19 days ago (TMLS #10165256)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Price Decreased |
$690,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Sep 24, 2026 | Price Decreased |
$700,000
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Sep 3, 2026 | Price Decreased |
$720,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Aug 13, 2026 | Price Decreased |
$740,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$760,000
↓ $15K
(1.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage Faces Front
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Ceiling Fan(s), Eat-in Kitchen, Soaking Tub, Bathtub/Shower Combination, Walk-In Shower
Appliances: Built-In Electric Oven, Cooktop, Dishwasher, Microwave
Flooring Type: Carpet, Other
Laundry Features: Main Level
Rooms: 12
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Square Footage: 3956
Architectural Style: Traditional
Year Built: 1997
Building Area Total: 3956
Levels: Two
Construction Materials: Masonite
Patio and Porch Features: Deck
Lot Features: Back Yard
Lot Size Area: 0.42
Lot Size Units: Acres
Lot Size Acres: 0.42
Lot Size Square Feet: 18295
Water Source: Public
Financial Details
Tax Map Number: 46
Tax Assessed Value: $787,032
Tax Annual Amount: $6,884
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Unknown
HOA/Condo/Coop Amenities: Other
HOA Fee: $219
HOA Fee Frequency: Annually
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: Meisha Spang, Mark Spain Real Estate
Last Updated: 19 days ago
Data Source: TMLS, MLS# 10165256
Last Updated: 19 days ago
Data Source: TMLS, MLS# 10165256
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