3464 Althorp Drive
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2024 | Sold | ||
| Sold | |||
| Sep 29, 2024 | In contract | - | |
| In contract | |||
| Sep 17, 2024 | Listed by Coldwell Banker HPW | $444,900 | |
| Listed by Coldwell Banker HPW | |||
| | |||
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Experience the perfect blend of convenience and resort-style living in Highland Creek. Located just 3 miles from I-540 via Hwy 401/Louisburg Road, this community boasts an impressive 11,000 sq. ft. Residence Lodge. Enjoy the fitness center, game room, outdoor lap pool, and a kiddie water park complete with a slide and water buckets. Additional amenities include tennis courts, a basketball court, and miles of scenic walking trails. The Neuse River Greenway is only a mile away, and shopping and grocery stores are just around the corner.
This meticulously maintained home offers serene private wooded views both front and back. As you enter, you're greeted by a welcoming foyer with crown molding, wainscoting, and beautiful luxury vinyl flooring, complemented by elegant rod iron spindles on the stairs. The main level features a private office with French doors, while the exquisite open floor plan showcases a model home quality.
The gourmet kitchen boasts a large granite island, attractive cabinetry with ample storage, and a spacious living area with a corner gas log fireplace—ideal for relaxing or entertaining. The dining area is perfect for hosting large gatherings. Enjoy the screened porch with a delightful view of the tree-lined, flat yard, and grill on the patio for a pleasant evening.
Upstairs, the enormous primary suite features stylish accent walls, a primary bath with a double vanity, an oversized walk-in shower with tile surround, and a large walk-in closet. The second floor also includes a huge loft area for additional entertainment, a laundry room, and two sizable bedrooms. Schedule your visit today.
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| Dec 15, 2021 | Sold | ||
| Sold | |||
| Oct 19, 2021 | Listed by Keller Williams Elite Realty | $395,000 | |
| Listed by Keller Williams Elite Realty | |||
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About Northeast Raleigh
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017