$331,325
●
House -
Off Market
3316 Julian Drive
Raleigh, NC 27604
3 Beds
1 Bath,
2
Half Baths
1,893 Ft²
$1,898
Est. Monthly
6.18%
Cap Rate
About This Property
Buyers LOAN fell apart, BACK ON MARKET. We do NOT have inspection,
Brentwood Estates location close to Downtown Raleigh/North Hills!!
All NEW paint throughout the home, NEW LVP flooring in ALL baths
and WHOLE lower level!! Brand NEW roof in 2020. Trane
heating/cooling unit and gas water heater has been updated in the
more recent years! Seller is offering 2-10 Buyer home warranty. All
bathrooms w/NEW toilets, NEW mirrors, NEW cabinets NEW
sinks/faucets! 3 bedrooms ALL wonderful sizes w/original hardwoods!
Bedroom closets w/custom wood shelving. New Granite kitchen
counters with overhang for entertaining in family room with masonry
fireplace and built in custom bookshelves! Guest bath on lower
level off of family room. Flex room off of half bath would be ideal
if buyer wanted to move laundry in future to lower level with
kitchen and family room. Please note the home has been vacant for
several years so when leaves were hauled away from deck and patio,
the deck had been covered for years. Some of the wood was soft and
should be walked on with caution.
Unit Size
1,893 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$184
Property Type
House
Property Taxes
$183
HOA Dues
-
Year Built
1961
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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 #2536162)
Price History
Property Highlights
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
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Asking Price
Listed On
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Sold On
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HOA + Taxes
About Northeast Raleigh
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Listed by: Melanie Osborne, Coldwell Banker Advantage
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2536162
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2536162
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