$136,000
●
House -
Off Market
4001 Apperson Drive
Raleigh, NC 27610
3 Beds
2 Baths
1,410 Ft²
$247,578
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model
About This Property
Former model home! Vaulted ceilings front to back in this
open ranch floor plan! All window treatments, washer/dryer
and refrigerator all convey. HVAC unit 2 years old. New
walk-in shower in the Master bath. Upgraded commodes in both
baths. 2 car garage was former model home office and is
finished with can lighting in the ceiling. (french doors were
replaced with garage door). Security system and carbon
detector in place. Irrigation system in place (conveys "as
is" condition). Not in use.
Unit Size
1,410 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$99
Property Type
House
Property Taxes
-
HOA Dues
$19
Year Built
2001
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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 #2020872)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 8, 2024 | In contract | - | |
| In contract | |||
| Nov 9, 2024 | Price Decreased |
$325,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Oct 4, 2024 | Listed by Real Broker, LLC | $330,000 | |
| Listed by Real Broker, LLC | |||
| | |||
|
Backup offers accepted - Pending DD check delivery - THREE BEDROOM RANCH perfect for downsizing or as an investment property. Freshly spruced up for you with all new laminate floors, new paint, new carpet. As you walk in you'll be greeted to open rooms with vaulted ceilings for a light bright and airy backdrop to entertain. The kitchen features painted cabinets, SS appliances and a pantry. Large primary bedroom with updated shower and walk in closet. Corner lot and back porch patio with a lot of mature shrubs gives you a great sense of privacy and space. This property was the neighborhoods original model home so the two car attached garage has insulation and finished walls and overhead can lights. Fridge, Washer and Dryer convey
2020 Roof, 2018 Water Heater, HVAC 2018
| |||
| Sep 30, 2015 | Sold | ||
| Sold | |||
Show More
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 Southeast Raleigh
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Listed by: Janna Whitehorne, Mark Spain Real Estate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2020872
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2020872
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