$375,000
●
House -
Off Market
2037 Shadow Creek Drive
Raleigh, NC 27604
3 Beds
2 Baths
1,771 Ft²
$361,869
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Welcome Home! Soaring Ceilings throughout & Tons of Windows bring
the Outside In. Some features include: Marble Floors in
Entry/Dining & Kitchen, Granite Counters in Open Kitchen
overlooking Den & Wood Burning Fireplace along with vaulted Ceiling
& Prewired for 5.1 Surround Sound. Main Bed with Built In
Desk/Entertainment Area, Spacious WIC & Spa Like Bath. Fully Fenced
Huge/Flat Backyard with Firepit, Play Equipment & more. Separate
Organic Garden on Side of home & a Producing Peach tree too! A Must
See!
Unit Size
1,771 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$198
Property Type
House
Property Taxes
$183
HOA Dues
$55
Year Built
1996
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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 #2464016)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2022 | Sold | ||
| Sold | |||
| Jul 22, 2022 | Listed by Fathom Realty NC, LLC | $350,000 | |
| Listed by Fathom Realty NC, LLC | |||
| Mar 4, 2022 | No longer available | - | |
| No longer available | |||
| Jan 17, 2022 | In contract | - | |
| In contract | |||
| Jan 13, 2022 | Listed by Fathom Realty NC, LLC | $325,000 | |
| Listed by Fathom Realty NC, LLC | |||
| | |||
|
Welcome Home! Soaring Ceilings throughout & Tons of Windows bring the Outside In. Some features include: Marble Floors in Entry/Dining & Kitchen, Granite Counters in Open Kitchen overlooking Den & Wood Burning Fireplace along with vaulted Ceiling & Prewired for 5.1 Surround Sound. Main Bed with Built In Desk/Entertainment Area, Spacious WIC & Spa Like Bath. Fully Fenced Huge/Flat Backyard with Firepit, Play Equipment & more. Separate Organic Garden on Side of home & a Producing Peach tree too! A Must See! The manager has listed the unit size as 1771 square feet.
| |||
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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
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 Northeast Raleigh
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Listed by: Kelley Schultz, Fathom Realty NC, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2464016
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2464016
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