2219 Creston Road
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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%.
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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 |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 12, 2024 | Listed by Rich Realty Group | $925,000 | |
| Listed by Rich Realty Group | |||
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This beautifully reimagined Bloomsbury bungalow is more than a house, it's your gateway to a serene, sophisticated way of life. At the moment you step through the door, every detail invites you to slow down, unwind, and enjoy. This ultra charming brick home, accented with stone window pediments, is rock solid and located in the highly sought after and desirable Bloomsbury neighborhood, just steps from the vibrant energy of Raleigh's Hayes Barton & Five Points. Imagine short walks to Mandolin, Hayes Barton Cafe, barre3, NOFO Five Points Wine, Crafty & more.
A slew of upgrades: new roof in 2022, HVAC 2022, new Rinnai tankless water heater in 2024 and the windows have been replaced throughout. The primary suite features a completely renovated bath with the warmth of heated floors and a sleek, walk-in shower with a frameless glass enclosure, setting the stage for a serene morning routine. The updated kitchen with a Wolf range & SS hood vent, quartz counters and new wine fridge is designed for gathering and features an open breakfast bar & custom seagrass blinds that are delightful. Swank Nina Campbell designer wall paper in the dining room, guest bedroom by Anna Weatherly and the primary is Scalamandre. New gas logs in the bespoke fireplace highlights the comfortable living room & plantation shutters added throughout.
Thoughtful updates continue, outside, a private driveway leads to a detached garage and a fenced yard. The partially finished basement offers the extra space everyone needs. A neighborhood path connects you directly to the best coffee shops, dining, and local charm of Five Points, making it easy to live local and love every minute.
This home isn't just a place to live, it's a lifestyle that blends character, comfort, and convenience in one of Raleigh's most beloved neighborhoods.
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| Jun 28, 2019 | Sold | ||
| Sold | |||
| May 6, 2019 | Listed by Pittman & Associates | $585,000 | |
| Listed by Pittman & Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017