$1,910,000
●
House -
Off Market
3020 Farrior Road
Raleigh, NC 27607
4 Beds
4 Baths,
1
Half Bath
3,982 Ft²
$10,351
Est. Monthly
0.90%
Cap Rate
About This Property
Custom crafted Tony Frazier designed and Speight Built gently
lived-in home nestled on one of the best streets inside the
beltline! This exquisite home has an open floor plan and unique
layout that is complete with a library, office, play/flex space,
scullery, and guest room all on the first level! All remaining
bedrooms with en-suite and walk-in closets on second level. Primary
suite with a workout room on the second level. There is no lack of
storage in this home as there are 2 walk-in attics. This home is 2
years young yet has brand new wood floors throughout the entire
home! Sealed crawl space and ample outdoor storage under screen
porch area. Your professionally landscaped yard is fully fenced and
leveled to maximize usable space. The home is ideally situated just
up the hill from Banbury Park and a short jaunt to the local pubs,
Whole Foods, Harris Teeter, Village District, and the Raleigh
Greenway. Lacy, Martin, Broughton District. Make this stunning home
on a quiet street your forever home today!
Unit Size
3,982 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$471
Property Type
House
Property Taxes
$1,144
HOA Dues
-
Year Built
2021
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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 #10024932)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | Listed by Allen Tate/Raleigh-Glenwood | $1,875,000 | |
| Listed by Allen Tate/Raleigh-Glenwood | |||
| | |||
|
Custom crafted Tony Frazier designed and Speight Built gently lived-in home nestled on one of the best streets inside the beltline! This exquisite home has an open floor plan and unique layout that is complete with a library, office, play/flex space, scullery, and guest room all on the first level! All remaining bedrooms with en-suite and walk-in closets on second level. Primary suite with a workout room on the second level. There is no lack of storage in this home as there are 2 walk-in attics. This home is 2 years young yet has brand new wood floors throughout the entire home! Sealed crawl space and ample outdoor storage under screen porch area. Your professionally landscaped yard is fully fenced and leveled to maximize usable space. The home is ideally situated just up the hill from Banbury Park and a short jaunt to the local pubs, Whole Foods, Harris Teeter, Village District, and the Raleigh Greenway. Lacy, Martin, Broughton District. Make this stunning home on a quiet street your forever home today!
| |||
| Mar 23, 2022 | Sold | ||
| Sold | |||
| Oct 13, 2021 | Listed by Allen Tate/Raleigh-Glenwood | $1,499,000 | |
| Listed by Allen Tate/Raleigh-Glenwood | |||
Property Highlights
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 North Hills
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Carolyn Swenson, Allen Tate/Raleigh-Glenwood
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10024932
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10024932
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