$422,500
●
House -
Off Market
2504-2506 Evers Drive
Raleigh, NC 27610
Studio
0 Bath
$2,456
Est. Monthly
4.22%
Cap Rate
About This Property
****Multiple Offers. Agents please see remarks***Attention
Investors! Do not miss this unique opportunity a few miles
from Downtown. Main home 2504 Evers is updated and leased
through June of 2024, and 2506 Evers is a freshly built detached
ADU 1 bedroom studio above a 1 car garage leased through August of
2024. The accessory dwelling unit is entirely detached from
the main home and lives separately allowing for units to be leased
independently. Wonderful established neighborhood, easy
access to Downtown Raleigh, I440, shopping and parks. Great
opportunity to purchase as an investment now with an income
opportunity renting the other unit if you should want to occupy one
in the future. NO HOA!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$123
HOA Dues
-
Year Built
1972
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Cap Rate Calculator
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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 #2537903)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 22, 2023 | Sold | ||
| Sold | |||
| Oct 20, 2023 | No longer available | - | |
| No longer available | |||
| Oct 18, 2023 | Listed by Rich Realty Group | $475,000 | |
| Listed by Rich Realty Group | |||
| Sep 6, 2023 | Price Decreased |
$475,000
↓ $25K
(5%) | |
| Price Decreased | |||
| Jul 21, 2023 | Listed by Rich Realty Group | $500,000 | |
| Listed by Rich Realty Group | |||
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Property Highlights
Parking Available
Air Conditioning
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 Southeast Raleigh
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Listed by: Natalee Choby, Rich Realty Group
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2537903
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2537903
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