$900,000
●
House -
Off Market
2803 Exeter Circle
Raleigh, NC 27608
3 Beds
2 Baths,
1
Half Bath
2,278 Ft²
$923,388
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Quintessential Budleigh 3bed/2.5bath white brick ranch with a
garage - oozing with charm! Gracious and inviting entry foyer
leads to the large formal dining room and massive living room with
wood burning fireplace and an abundance of natural light. Stainless
steel appliances, granite counters and very functional island in
the kitchen. Beautiful hardwoods throughout and a stunningly
redone hall bathroom! Master bedroom has two large closets
and an amazing en-suite with dual vanities, whirlpool tub with
separate shower and water closet! Enjoy the sunroom on the
back of the house out to the incredibly private and fully fenced in
backyard!
Unit Size
2,278 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$384
Property Type
House
Property Taxes
$555
HOA Dues
-
Year Built
1951
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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 #2477325)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by Berkshire Hathaway HomeService | $1,100,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| | |||
|
Built in 1951, this beautiful Budleigh home is a part of one of Raleigh's premier neighborhoods where heavily wooded lots are private and the pace of life is pleasant. This newly painted brick ranch is bright and open with spaciousness beyond its measured size. The core of the home connects a bright foyer to open living and dining rooms, renovated kitchen, and a cheery glassed-in sunroom. At the opposite end of the house a hallway leads to 2 bedrooms that share a hall bath renovated in 2019, and a primary suite with large, sumptuous ensuite bath. Other attributes of the home include, Vivant security system with cameras and smart locks, fresh Farrow and Ball paint in most of the home, new crawl space vapor barrier, a one-car garage, and numerous new light fixtures. Schedule your appointment today!
| |||
| Nov 14, 2022 | Sold | ||
| Sold | |||
| Oct 4, 2022 | Listed by Berkshire Hathaway HomeService | $875,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 University
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Currently no similar homes aroundNearby Rentals
Listed by: Matthew Rollins, Berkshire Hathaway HomeService
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2477325
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2477325
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