$234,900
●
House -
Off Market
2229 Sheffield Road
Raleigh, NC 27610
3 Beds
1 Bath
923 Ft²
$355,341
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
Lovely updated home in a great location! New kitchen cabinets w/
spice drawer and soft close hinges, new AC, all new SS appliances,
new granite, pantry, new lighting, new vanity, new toilet, new tile
floor and new tile shower, new ext doors, new faucets, new
hardware, smooth ceilings, LARGE fenced backyard, new deck,
re-finished hardwoods, lots of natural light! Roof only 4
years old, rubber roof new in 2018. W/D closet. 3rd BR would
make a great office!
Unit Size
923 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$255
Property Type
House
Property Taxes
$81
HOA Dues
-
Year Built
1950
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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 #2201871)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Listed by Compass -- Cary | $349,000 | |
| Listed by Compass -- Cary | |||
| | |||
|
Investor Alert! Discover this charming brick bungalow nestled inside the beltway, right in the heart of Raleigh! This 3-bedroom, 1-bath home offers a perfect blend of classic charm and modern updates. Step inside to find a spacious open living area bathed in natural light, complete with beautiful wood flooring and elegant recessed lighting throughout. The updated kitchen is a chef's delight, featuring sleek white cabinetry with soft-close hinges, stainless steel appliances, a convenient pantry, and granite countertops. The full bath boasts a modern aesthetic with a subway tile shower/bath, tile flooring, and a stylish updated vanity. The expansive backyard is an entertainer's dream, complete with a large deck, fenced-in yard, and a handy storage shed, perfect for outdoor activities and gatherings. Conveniently located close to schools, shopping centers, Wake Med, and just under 10 minutes to downtown Raleigh, this bungalow is a true gem in an unbeatable location!
| |||
| Sep 5, 2018 | Sold | ||
| Sold | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
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About East Raleigh
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Listed by: Mark Schrader, MAS Holdings, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2201871
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2201871
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