43
Map
$810,000
●
House -
For Sale
2009 Mccarthy Street
Raleigh, NC 27608
3 Beds
2 Baths
2,275 Ft²
$4,678
Est. Monthly
About This Property
A rare opportunity in the heart of Five Points! Set on an
exceptional .44-acre homesite with 75 feet of frontage, this
classic Craftsman bungalow offers the kind of space that is
increasingly hard to find in one of Raleigh's most iconic and
sought-after neighborhoods. Brimming with possibilities, enjoy the
home as-is or renovate and expand. The home already benefits
from the replaced windows throughout, a 2020 Rheem HVAC with new
duct work, a Rinnai tankless water heater, heart pine flooring and
an original clawfoot tub. An expansive back deck overlooks an epic
backyard with room to entertain, garden, play or simply enjoy the
outdoors. The finished daylight basement adds valuable flexible
space with a myriad of possibilities, while the covered front porch
is made for a swing, rocking chairs and slow afternoons. Best of
all, you're just a short stroll from neighborhood restaurants,
coffee shops and everything that makes Five Points such a special
place to call home.
Unit Size
2,275 Ft²
Days on Market
26 days
Land Size
0.44 acres
Price per sqft
$356
Property Type
House
Property Taxes
$701
HOA Dues
-
Year Built
1930
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: 25 days ago (TMLS #10195723)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2026 | Listed by Rich Realty Group | $810,000 | |
| Listed by Rich Realty Group | |||
| Jan 1, 1979 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Driveway, Gravel
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Bookcases, Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Eat-in Kitchen, Soaking Tub
Appliances: Dishwasher, Electric Range, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Microwave, Range, Refrigerator, Tankless Water Heater
Flooring Type: Hardwood, Tile, Vinyl, Wood
Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Lower Level, Washer Hookup
Rooms: 9
Has Fireplace
Fireplace Features: Decorative, Glass Doors, Living Room, Masonry
Fireplaces: 1
Basement: Crawl Space, Daylight, Exterior Entry, Interior Entry, Partially Finished, Storage Space, Walk-Out Access, Walk-Up Access, Heated
Exterior Details
Square Footage: 2275
Architectural Style: Bungalow, National Historic Designation, State Historic Designation
Year Built: 1930
Building Area Total: 2275
Levels: One, Two
Window Features: Double Pane Windows, Insulated Windows
Construction Materials: Brick, Vinyl Siding
Patio and Porch Features: Covered, Deck, Front Porch, Porch
Lot Features: Back Yard, Front Yard, Near Public Transit, Secluded
Lot Size Area: 0.44
Lot Size Units: Acres
Lot Size Acres: 0.44
Lot Size Square Feet: 19166
Lot Size Dimensions: 75x250
Water Source: Public
Financial Details
Tax Map Number: 62
Tax Assessed Value: $922,668
Tax Annual Amount: $8,408
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central, Fireplace(s), Forced Air, Natural Gas
Sewer : Public Sewer
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 University
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Marshall Rich, Rich Realty Group
Last Updated: 25 days ago
Data Source: TMLS, MLS# 10195723
Last Updated: 25 days ago
Data Source: TMLS, MLS# 10195723
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