$750,000
●
House -
Off Market
2120 Wide River Drive
Raleigh, NC 27614
5 Beds
4 Baths
4,574 Ft²
$4,216
Est. Monthly
$82
HOA / Fees
3.97%
Cap Rate
About This Property
Style, space & community all in this gorgeous Bedford home!
Incredible fully finished daylight basement features huge bonus/rec
rm, media rm for entertaining movie nights, bedroom, full ba &
access to paver patio. And if that's not enough, a kitchenette &
2nd laundry rm too! The grand, light-filled family rm boasts
soaring ceilings, stone gas fireplace & wall of windows. Formal
dining rm for holiday gatherings & main fl office for working from
home or virtual learning. Enjoy cooking in the chef's kitchen
w/granite, double oven, center island, breakfast bar & new subway
tile backsplash. The sun rm or screened porch will be your Summer
go-to place! 2nd fl boasts spacious primary br w/walk-in closet &
updated shower & garden tub plus 3 large secondary br's, full bath
& convenient laundry rm. 4 bedrooms have walk-in closets! Fantastic
community amenities include clubhouse, pool, tennis, playgrounds,
pickelball & greenway trails.
Unit Size
4,574 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$166
Property Type
House
Property Taxes
$402
HOA Dues
$82
Year Built
2008
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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 #10012723)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2024 | Sold | ||
| Sold | |||
| Jun 14, 2024 | No longer available | - | |
| No longer available | |||
| Jun 8, 2024 | Price Decreased |
$789,900
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Apr 14, 2024 | Price Increased |
$799,900
↑ $40K
(5.3%) | |
| Price Increased | |||
| Feb 21, 2024 | Listed by Spencer Properties | $760,000 | |
| Listed by Spencer Properties | |||
| | |||
|
Style, space & community all in this gorgeous Bedford home! Incredible fully finished daylight basement features huge bonus/rec rm, media rm for entertaining movie nights, bedroom, full ba & access to paver patio. And if that's not enough, a kitchenette & 2nd laundry rm too! The grand, light-filled family rm boasts soaring ceilings, stone gas fireplace & wall of windows. Formal dining rm for holiday gatherings & main fl office for working from home or virtual learning. Enjoy cooking in the chef's kitchen w/granite, double oven, center island, breakfast bar & new subway tile backsplash. The sun rm or screened porch will be your Summer go-to place! 2nd fl boasts spacious primary br w/walk-in closet & updated shower & garden tub plus 3 large secondary br's, full bath & convenient laundry rm. 4 bedrooms have walk-in closets! Fantastic community amenities include clubhouse, pool, tennis, playgrounds, pickelball & greenway trails.
| |||
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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
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About North Raleigh
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Listed by: Jennifer Spencer, Spencer Properties
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10012723
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10012723
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