$540,000
●
House -
Off Market
2367 Stevens Road
Raleigh, NC 27610
3 Beds
2 Baths,
1
Half Bath
2,000 Ft²
$723,059
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
It's urban living with a yard. It's progressive design with a
garage. At Longview, it's a lifestyle. The Longview Modern
Farmhomes deliver quality new construction in a thriving
neighborhood, oh-so-close to Downtown. In the Cedar Mill, find a
light-filled layout with open kitchen-living-dining spaces & a deck
overlooking a huge backyard. Upstairs, enjoy big bedrooms & a
flexible loft. You're around the corner from Alamo Drafthouse & the
neighborhood pool. Recently completed & ready for you to call home!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$273
Property Type
House
Property Taxes
$46
HOA Dues
-
Year Built
2019
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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: 2 years ago (TMLS #2274525)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 16, 2020 | Sold | ||
| Sold | |||
| Aug 22, 2019 | Listed by Compass -- Raleigh | $545,500 | |
| Listed by Compass -- Raleigh | |||
| | |||
|
It's urban living with a yard. It's progressive design with a garage. At Longview, it's a lifestyle. The Longview Modern Farmhomes deliver quality new construction in a thriving neighborhood, oh-so-close to Downtown. In the Cedar Mill, find a light-filled layout with open kitchen-living-dining spaces & a deck overlooking a huge backyard. Upstairs, enjoy big bedrooms & a flexible loft. You're around the corner from Alamo Drafthouse & the neighborhood pool. Recently completed & ready for you to call home!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About East Raleigh
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Currently no similar homes aroundNearby Rentals
Listed by: Johnny Chappell, Chappell
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2274525
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2274525
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