$701,000
●
House -
Off Market
313 Glen Valley Drive
Raleigh, NC 27609
4 Beds
3 Baths
2,578 Ft²
$3,813
Est. Monthly
3.98%
Cap Rate
About This Property
Welcome to 313 Glen Valley Dr., an exquisite 4-bed, 3-bath home
spanning 2,578 sf on a lush 0.28-acre lot in Raleigh, NC. Nestled
in the coveted North Hills area, this residence seamlessly blends
luxury with Southern charm. With proximity to the upscale midtown
experience, this isn't just a home; it's a gateway to a
sophisticated lifestyle.
As you approach, the manicured landscaping beckons you into a world of refined taste and meticulous updates. Inside, the interior seamlessly blends modern amenities with classic design. The main floor is a testament to comfort and style, w/ a spacious living area leading to a chef's dream kitchen updated with recessed lighting, granite tops, tile backsplash, white shaker cabinets and a butcher block island.
The allure of this residence continues downstairs; discover a hidden gem that can serve as a haven for guests or an income-generating Airbnb retreat. This lower level reveals a thoughtfully-designed kitchenette, perfect for entertaining or creating a separate living space for visiting friends and relatives.
The story of 313 Glen Valley Dr. unfolds in the details.
As you approach, the manicured landscaping beckons you into a world of refined taste and meticulous updates. Inside, the interior seamlessly blends modern amenities with classic design. The main floor is a testament to comfort and style, w/ a spacious living area leading to a chef's dream kitchen updated with recessed lighting, granite tops, tile backsplash, white shaker cabinets and a butcher block island.
The allure of this residence continues downstairs; discover a hidden gem that can serve as a haven for guests or an income-generating Airbnb retreat. This lower level reveals a thoughtfully-designed kitchenette, perfect for entertaining or creating a separate living space for visiting friends and relatives.
The story of 313 Glen Valley Dr. unfolds in the details.
Unit Size
2,578 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$271
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1964
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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 #10003438)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2024 | Sold | ||
| Sold | |||
| Dec 29, 2023 | No longer available | - | |
| No longer available | |||
| Dec 27, 2023 | Listed by Rich Realty Group | $699,000 | |
| Listed by Rich Realty Group | |||
| Nov 29, 2023 | Listed by Rich Realty Group | $715,000 | |
| Listed by Rich Realty Group | |||
| Nov 15, 2019 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
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
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Listed by: Marshall Rich, Rich Realty Group
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10003438
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10003438
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