$229,591
●
Condo -
Off Market
2304 Myron Drive #102
Raleigh, NC 27607
3 Beds
2 Baths
1,054 Ft²
$1,799
Est. Monthly
$462
HOA / Fees
6.84%
Cap Rate
About This Property
One level living in one of Raleigh's most central and connected
areas. Located just minutes to UNC Rex Hospital, this condo is the
perfect opportunity for a first time home buyer or investor. The
open floor plan has been refreshed with new LVP floors (no
carpet!). Functional layout designed for simplicity - the kitchen
is open to the living space with a designated dining area. Covered
front porch, perfect for morning coffee or evening downtime. The
primary suite features a walk-in closet and designated bath. Two
additional bedrooms share a second full bath and offer flexibility
for guests, roommates, or a home office. An assigned parking space
and HOA coverage that includes water and trash add to the
convenience. Ideally located near the NC Museum of Art, parks,
greenways, shopping, and dining, with quick access to I-440,
Downtown Raleigh, NCSU, Meredith College, RDU Airport, and
RTP...this checks all the boxes: location, convenience, and
affordability.
Unit Size
1,054 Ft²
Days on Market
-
Land Size
-
Price per sqft
$223
Property Type
Condo
Property Taxes
$182
HOA Dues
$462
Year Built
-
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Cap Rate Calculator
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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: 7 months ago (TMLS #10145763)
Price History
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Additional Parking, Asphalt, Assigned
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Laminate Counters, Open Floorplan, Storage, Walk-In Closet(s), Bathtub/Shower Combination, Living/Dining Room Combination, Smooth Ceilings
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer
Flooring Type: Laminate, Vinyl, Tile
Laundry Features: In Unit, Inside, Laundry Closet, Main Level
Rooms: 9
Exterior Details
Has Property Attached
Square Footage: 1054
Square Footage Source: $0
Architectural Style: Traditional, Transitional
Year Built: 1971
Building Area Total: 1054
Levels: One
Building Area Units: Square Feet
Window Features: Blinds
Construction Materials: Vinyl Siding
Patio and Porch Features: Covered, Front Porch
Water Source: Public
Financial Details
Tax Annual Amount: $2,189
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Sewer, Trash, Water, Road Maintenance
HOA/Condo/Coop Amenities: Trash, Water
HOA Fee: $462
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/10/2026
|
3 Bed
|
2 Bath
|
1054 ft²
|
$235,000
3 Bed
2 Bath
1054 ft²
|
$229,591
-2.30%
04/15/2026
|
Kathleen Carlton
Keller Williams Legacy
| |
|
10/08/2023
|
3 Bed
|
2 Bath
|
1005 ft²
|
$255,000
3 Bed
2 Bath
1005 ft²
|
-
-
|
Ellen Nightingale
Berkshire Hathaway HomeServices YSU
| |
|
11/07/2021
|
3 Bed
|
2 Bath
|
1053 ft²
|
$225,000
3 Bed
2 Bath
1053 ft²
|
$230,000
+2.22%
01/14/2022
|
Amrinder Virk
Tru Realty LLC
| |
|
06/03/2021
|
3 Bed
|
2 Bath
|
976 ft²
|
$205,000
3 Bed
2 Bath
976 ft²
|
$215,000
+4.88%
07/22/2021
|
Allie Parker
Keller Williams Realty Cary
| |
|
03/04/2021
|
3 Bed
|
2 Bath
|
1053 ft²
|
$199,000
3 Bed
2 Bath
1053 ft²
|
$203,000
+2.01%
04/29/2021
|
Missy Farrell
Berkshire Hathaway HomeService
| |
|
04/01/2019
|
3 Bed
|
2 Bath
|
1000 ft²
|
$169,900
3 Bed
2 Bath
1000 ft²
|
$169,000
-0.53%
05/03/2019
|
Lisa DuBose
Hodge & Kittrell Sotheby's Int
| |
|
10/05/2017
|
3 Bed
|
2 Bath
|
1053 ft²
|
$149,900
3 Bed
2 Bath
1053 ft²
|
$145,000
-3.27%
12/15/2017
|
Tammie Harris
Tammie Harris Team LLC
| |
|
01/06/2016
|
3 Bed
|
2 Bath
|
1050 ft²
|
$109,900
3 Bed
2 Bath
1050 ft²
|
$108,500
-1.27%
02/22/2016
|
Jason Dalton
Keller Williams Preferred Realty
|
Building Info
About Northwest Raleigh
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Listed by: Kathleen Carlton, Keller Williams Legacy
Last Updated: 7 months ago
Data Source: TMLS, MLS# 10145763
Last Updated: 7 months ago
Data Source: TMLS, MLS# 10145763
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