$985,000
●
House -
Off Market
3917 White Chapel Way
Raleigh, NC 27615
4 Beds
4 Baths,
1
Half Bath
3,388 Ft²
$5,434
Est. Monthly
$120
HOA / Fees
2.31%
Cap Rate
About This Property
Rare opportunity in beautiful Raleigh Cross Gate Neighborhood! As
you step inside this spacious residence, you're welcomed by
site-finished hardwood floors. The main level features a primary
bedroom with a luxurious ensuite bathroom. First floor also
includes an additional bedroom and full bathroom- you'll never have
to compromise on comfort. The expansive home office provides a work
from home experience flooded with natural light and a view of the
lush outdoors. Situated on a generous 1.23-acre lot adorned with
mature trees, this property offers a serene escape from the hustle
and bustle. The backyard enclosed porch and patio provide ample
space for outdoor activities and gatherings, making it an ideal
haven for nature lovers. Parking is a breeze with plenty of room
for multiple vehicles. The proximity to I540, Falls of Neuse, and 6
Forks, makes commuting a breeze. This home is more than just a
living space; it's a sanctuary that combines modern amenities with
the tranquility of nature.
Unit Size
3,388 Ft²
Days on Market
-
Land Size
1.23 acres
Price per sqft
$295
Property Type
House
Property Taxes
$408
HOA Dues
$120
Year Built
1996
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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 #10017055)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 19, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | Listed by Real Broker, LLC | $999,000 | |
| Listed by Real Broker, LLC | |||
| | |||
|
Rare opportunity in beautiful Raleigh Cross Gate Neighborhood! As you step inside this spacious residence, you're welcomed by site-finished hardwood floors. The main level features a primary bedroom with a luxurious ensuite bathroom. First floor also includes an additional bedroom and full bathroom- you'll never have to compromise on comfort. The expansive home office provides a work from home experience flooded with natural light and a view of the lush outdoors. Situated on a generous 1.23-acre lot adorned with mature trees, this property offers a serene escape from the hustle and bustle. The backyard enclosed porch and patio provide ample space for outdoor activities and gatherings, making it an ideal haven for nature lovers. Parking is a breeze with plenty of room for multiple vehicles. The proximity to I540, Falls of Neuse, and 6 Forks, makes commuting a breeze. This home is more than just a living space; it's a sanctuary that combines modern amenities with the tranquility of nature.
| |||
| Aug 27, 2019 | Sold | ||
| Sold | |||
| Apr 4, 2019 | Listed by Real Broker, LLC | $624,900 | |
| Listed by Real Broker, LLC | |||
| Nov 18, 2003 | Sold | ||
| Sold | |||
Property Highlights
Garage
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 Cross Gate
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Listed by: Peter Kima, Real Broker, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10017055
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10017055
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