$325,000
●
House -
Off Market
2324 Derby Drive
Raleigh, NC 27610
2 Beds
1 Bath
774 Ft²
$1,872
Est. Monthly
7.23%
Cap Rate
About This Property
Here is your opportunity to live in Longview Park! This quiet
and peaceful community is sought after and well known for its
up-and-coming location and amenities.
Move-in ready! Home has been recently updated and is located inside the beltline between downtown Raleigh and Wake Medical Center. Both destinations are a 5-minute drive from this home. Convenient access to Raleigh Greenway. Walking distance to Longview public pool. Multiple churches and excellent schools.
New roof! Refinished hardwood floors throughout. Completely updated kitchen and bathroom. New white cabinets, stainless steel appliances and granite countertops. Bathroom has a new vanity, tub and tile. All new lighting and fixtures. All new paint. Backyard is large, private and fenced in. Fabulous deck for entertaining.
There is a large dog kennel and She Shed that convey. Washer/Dryer hookup in kitchen.
HVAC 2021- Gas pack
All you have to do is move in!
Move-in ready! Home has been recently updated and is located inside the beltline between downtown Raleigh and Wake Medical Center. Both destinations are a 5-minute drive from this home. Convenient access to Raleigh Greenway. Walking distance to Longview public pool. Multiple churches and excellent schools.
New roof! Refinished hardwood floors throughout. Completely updated kitchen and bathroom. New white cabinets, stainless steel appliances and granite countertops. Bathroom has a new vanity, tub and tile. All new lighting and fixtures. All new paint. Backyard is large, private and fenced in. Fabulous deck for entertaining.
There is a large dog kennel and She Shed that convey. Washer/Dryer hookup in kitchen.
HVAC 2021- Gas pack
All you have to do is move in!
Unit Size
774 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$439
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1953
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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 #10009052)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 11, 2024 | Sold | ||
| Sold | |||
| Jan 24, 2024 | Listed by Real Broker, LLC | $339,900 | |
| Listed by Real Broker, LLC | |||
| Dec 19, 2019 | No longer available | - | |
| No longer available | |||
| Nov 13, 2019 | Listed | $240,000 | |
| Listed | |||
| | |||
|
Classy home in prime school district location! On little more than a third of an acre, this home is settled on nice and spacious land with space to add additional buildings. It is within walking distance to Alamo Draft House, a short distance to Wake Med, 10 minutes to downtown, 15 minutes to NC State University, Peace University and Meredith College. Easy access to many different dining, shopping and recreational amenities such as Raleigh Country Club within a five drive! The manager has listed the unit size as 800 square feet.
| |||
| Dec 30, 1999 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About East Raleigh
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Listed by: Mary Simpson, Real Broker, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10009052
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10009052
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