2105 Prescott Place
About This Property
Light-filled interiors begin with a welcoming foyer and continue into a versatile living/billiards room with built-ins and a gas fireplace. The formal dining room features a beamed ceiling and space to host a crowd. The kitchen includes a center island, gas cooktop, wet bar, granite counters, new skylights, and a sunny breakfast banquette. Two adjoining sunrooms create relaxed spaces for reading, entertaining, or enjoying the quiet setting. The primary suite offers a fireplace, double closets, and a newly renovated bath. Upstairs are two additional bedrooms, a full bath, and a spacious bonus room with rear-stair access. The third floor provides a private guest suite with full bath. Outside, a two-level deck overlooks a landscaped yard with magnolias, hydrangeas, and towering oaks, backing to a creek and forest.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 24, 2025 | Sold | ||
| Sold | |||
| Oct 23, 2025 | In contract | - | |
| In contract | |||
| Oct 1, 2025 | Price Decreased |
$1,299,000
↓ $51K
(3.8%) | |
| Price Decreased | |||
| Jul 17, 2025 | Listed by Allen Tate/Raleigh-Falls Neuse | $1,350,000 | |
| Listed by Allen Tate/Raleigh-Falls Neuse | |||
| Sep 12, 2012 | Sold | ||
| Sold | |||
Property Highlights
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About North Raleigh
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017