27
Map
$275,000
●
House -
In Contract
2108 Carthage Circle
Raleigh, NC 27604
3 Beds
2 Baths
1,254 Ft²
$1,562
Est. Monthly
About This Property
Charming 3-bedroom, 2-bath home in desirable Trawick Downs! This
inviting property offers plenty of space to make your own, with a
large deck/patio perfect for entertaining or relaxing. Enjoy the
convenience of an older but functional shed for extra storage.
Inside, you'll find spacious bedrooms, ceiling fans, a cozy
fireplace, and a soaking tub-ideal for unwinding after a long day.
Whether you're a first-time buyer or looking to downsize, this home
has great potential. Don't miss out-schedule your showing today and
make this home yours!
Unit Size
1,254 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$219
Property Type
House
Property Taxes
$211
HOA Dues
-
Year Built
1991
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: 3 months ago (TMLS #10137310)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2026 | In contract | - | |
| In contract | |||
| Jul 31, 2026 | Price Decreased |
$275,000
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Jul 9, 2026 | Price Decreased |
$285,000
↓ $10K
(3.4%) | |
| Price Decreased | |||
| May 20, 2026 | Price Decreased |
$295,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Apr 30, 2026 | Price Decreased |
$300,000
↓ $8K
(2.4%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Driveway
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Laminate Counters, Open Floorplan, Soaking Tub, Bathtub/Shower Combination
Appliances: Dishwasher, Electric Range, Range Hood, Refrigerator, Washer/Dryer
Flooring Type: Carpet, Hardwood, Laminate
Laundry Features: Electric Dryer Hookup, In Garage, In Kitchen, Washer Hookup
Rooms: 5
Has Fireplace
Fireplace Features: Living Room, Wood Burning
Exterior Details
Square Footage: 1254
Architectural Style: Ranch
Year Built: 1991
Building Area Total: 1254
Levels: One
Other Structures: Shed(s)
Window Features: Double Pane Windows
Construction Materials: Masonite
Patio and Porch Features: Covered, Front Porch, Patio
Lot Features: Cleared, Gentle Sloping
Lot Size Area: 0.21
Lot Size Units: Acres
Lot Size Acres: 0.21
Lot Size Square Feet: 9148
Lot Size Dimensions: see plat map
Water Source: Public
Financial Details
Tax Assessed Value: $289,611
Tax Annual Amount: $2,535
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: None
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: Stirling West, Mark Spain Real Estate
Last Updated: 3 months ago
Data Source: TMLS, MLS# 10137310
Last Updated: 3 months ago
Data Source: TMLS, MLS# 10137310
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