$410,000
●
House -
Off Market
2900 Deer Manor Drive
Raleigh, NC 27616
3 Beds
3 Baths
2,211 Ft²
$508,688
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
Wow.....SO many hard to find features! All brick ranch, 3 car
garage! Amazing outdoor space, heated concrete saltwater
pool (installed 2014), outdoor kitch w/bar, grill, sink, gas
firepit.....relax among palm trees in your own staycation oasis!
Fully irrigated, prewired for generator, new roof 2020,
HVAC/H20 heater are also new within a couple of years. All
the heavy lifting has been done! Home has 4br but permitted for 3br
septic. Walk up space above gar can be finished, great for
office/man cave.
Unit Size
2,211 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$181
Property Type
House
Property Taxes
$198
HOA Dues
$8
Year Built
1998
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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 #2361764)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2024 | Sold | ||
| Sold | |||
| Dec 7, 2023 | Listed by Raleigh Realty Inc. | $615,000 | |
| Listed by Raleigh Realty Inc. | |||
| | |||
|
This one is the needle in the haystack you've been looking for! All brick home in the quiet and private deer creek neighborhood on .71 acres. Walk out back to your heated concrete salt water pool (pump replaced 2022) with an under water night light. Enjoy the covered outdoor kitchen with granite countertops, bar & grill, ice maker and mini fridge. Sit at the bar or by the gas fire pit. A sizable 3 car garage with a walk up attic for storage or can be finished off for an office/bonus room. Granite counters throughout the kitchen, wet bar and living room. Kitchen sits under two large skylights bringing in tons of natural light. 4 spacious bedrooms with 3 full bathrooms. Newer storm doors installed on all doorways. Roof replaced in 2020. Irrigation system installed!
| |||
| Nov 3, 2023 | No longer available | - | |
| No longer available | |||
| Sep 17, 2023 | Price Decreased |
$645,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Aug 22, 2023 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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About Deer Creek
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Listed by: Heather Layne, Keller Williams Preferred Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2361764
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2361764
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