$1,150,000
●
House -
Off Market
401 Latimer Road
Raleigh, NC 27609
5 Beds
4 Baths,
1
Half Bath
3,926 Ft²
$1,250,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
Like New Home in the Heart of North Hills/Lakemont Neighborhood.
5 Bedrooms 4 full baths with Master suite on first floor
lives like a ranch offering 2 other bedrooms on main Floor.. Foyer
opens to Dining & Family Room. 9ft Ceilings Large Windows with open
floor plan makes this home one of a kind. Built in
Bookshelves! Energy Efficient living! Screened Porch
overlooks private backyard. 2 Car Garage hard to find in this area.
Landscaping with irrigation system. Tankless H2O Heater. Walk to
North Hills in minutes. Why wait to build this home is like New!!
Unit Size
3,926 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$318
Property Type
House
Property Taxes
$833
HOA Dues
-
Year Built
2018
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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 #2534662)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2023 | Sold | ||
| Sold | |||
| Sep 29, 2023 | Listed by Hodge & Kittrell Sotheby's Int | $1,250,000 | |
| Listed by Hodge & Kittrell Sotheby's Int | |||
| Jun 4, 2019 | Sold | ||
| Sold | |||
| Jun 1, 2018 | Listed by Capstone Real Estate Services | $865,000 | |
| Listed by Capstone Real Estate Services | |||
| | |||
|
PROFESSIONALLY designed "RANCH STYLE LIVING" + SECOND LEVEL. Master Suite + 2 bedrooms on first level. Funderburk Builders does not cut corners with building materials or craftsmanship - only QUALITY work performed! A neighborhood WHERE NEIGHBORS BECOME FRIENDS . Far enough for quite, YET close enough to walk to North Hills (.6 mile - 12 min walk)). Energy efficient new construction. OPEN PLAN, light/airy, screen porch & grilling area. Abundant walk-in storage. 4" floor planks
| |||
| Jan 31, 2018 | Sold | ||
| Sold | |||
Property Highlights
Garage
Parking Available
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 North Hills
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Bryan Moore, Hodge & Kittrell Sotheby's Int
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2534662
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2534662
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