$462,500
●
House -
Off Market
2501 Scouting Trail
Raleigh, NC 27615
3 Beds
2 Baths,
1
Half Bath
1,638 Ft²
$2,607
Est. Monthly
$120
HOA / Fees
About This Property
Don't get caught lookin' too long - punch your ticket in March to
the dance at Scouting Trail. Easy, affordable and with great
neighborhood amenities, this is your Cinderella story. Thoughtfully
updated by the sellers, there's a lot to love - an updated kitchen,
designated dining, and a huge living space that extends into the
oversized screened porch. Just open the door and let the breeze
flow through. Subtle updates upstairs as light beams through the
three bedroom windows, the primary suite is front to back. New
siding (Hardie Plank), new windows - the expensive stuff is done!
Have your spring lemonade on the screened porch, entertain on the
patio, and enjoy the easy fenced backyard of this corner lot. It's
as good in the neighborhood as it is at home - get sweaty on the
tennis/pickleball courts and jump straight into the Durant Trails
neighborhood pool. All of this in a prime location in North Raleigh
at this price point? Pencil your name as the champion of this
spring market bracket.
Unit Size
1,638 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$274
Property Type
House
Property Taxes
$282
HOA Dues
$120
Year Built
1984
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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 #10152233)
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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
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About North Raleigh
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Listed by: Kenneth Martin Jackson, Nest Realty of the Triangle
Last Updated: 7 months ago
Data Source: TMLS, MLS# 10152233
Last Updated: 7 months ago
Data Source: TMLS, MLS# 10152233
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