$325,000
●
House -
Off Market
3501 Planet Drive
Raleigh, NC 27604
3 Beds
2 Baths
2,476 Ft²
$434,588
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
This renovated ranch on over half an acre is a rare find in
Raleigh! Open floorplan; hardwoods throughout; gourmet kitchen with
granite, stainless steel appliances, gas cooktop and wall oven;
master walk-in shower & walk-in closet; large laundry room with
extra storage; custom tile in baths & kitchen; huge walk-in storage
/ workshop room; carport; large bonus room; shiplap, barn door &
antique door knobs; new roof & hvac; rocking chair covered back
porch; fire pit with dual swings; convenient to 440.
Unit Size
2,476 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$131
Property Type
House
Property Taxes
$181
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 #2334121)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2020 | Sold | ||
| Sold | |||
| Jul 30, 2020 | Listed by Moxie Real Estate | $325,000 | |
| Listed by Moxie Real Estate | |||
| | |||
|
This renovated ranch on over half an acre is a rare find in Raleigh! Open floorplan; hardwoods throughout; gourmet kitchen with granite, stainless steel appliances, gas cooktop and wall oven; master walk-in shower & walk-in closet; large laundry room with extra storage; custom tile in baths & kitchen; huge walk-in storage / workshop room; carport; large bonus room; shiplap, barn door & antique door knobs; new roof & hvac; rocking chair covered back porch; fire pit with dual swings; convenient to 440.
| |||
| Mar 26, 2002 | Sold | ||
| Sold | |||
Property Highlights
Garage
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 Northeast Raleigh
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Listed by: Jennifer Wheeler, Moxie Real Estate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2334121
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2334121
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