$434,000
●
House -
Off Market
401 N Glen Drive
Raleigh, NC 27609
4 Beds
2 Baths,
1
Half Bath
2,232 Ft²
$675,049
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
FULLY Renovated & Spacious 4Bd+Bonus/Family Rm home on incredible
.65 Acre lot in MIDTOWN! All the updates you could want+the most
desirable N. Hills location. Open Kitchen w/soft close cabs,
granite, tile b/s+gas range. Huge bar w/ample seating+separate
dining area. Lg master bath w/dbl vanity & oversize custom tile
shower. Spacious Bonus/Fam Rm w/masonry FP. Generous utility rm
offers hobby space. Wealth of storage+walk in closet on LL.
Hrdwds+recessed lights. Sprawling, fully fenced yard w/patio+shed!
Unit Size
2,232 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$197
Property Type
House
Property Taxes
$270
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 #2174247)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | Listed by Hodge & Kittrell Sotheby's Int | $750,000 | |
| Listed by Hodge & Kittrell Sotheby's Int | |||
| | |||
|
Just minutes from Raleigh's thriving Midtown/North Hills amenities, this charming home offers the perfect blend of comfort and convenience. Step inside to discover a beautifully appointed interior boasting an abundance of natural light, hardwood floors and a versatile floor plan that accommodates modern living. Prepare meals with ease in the well-equipped kitchen featuring stainless appliances, a center island with bar seating and ample cabinet space. One of the standout features of this property is the recently added three-seasons room. This delightful space invites the outdoors in, allowing you to savor the beauty of each season from the comfort of your own home. Whether you're enjoying a morning coffee, hosting a dinner party, or simply unwinding with a good book, this versatile room enhances the overall living experience. Experience the convenience of being located so close to Raleigh's premier shopping, dining and entertainment destination while also enjoying a sprawling .65-acre lot that provides a tranquil escape from the bustling city.
| |||
| Apr 19, 2018 | Sold | ||
| Sold | |||
| Feb 21, 2018 | Listed by Re/Max One Realty | $439,900 | |
| Listed by Re/Max One Realty | |||
| Sep 9, 2016 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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
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Listed by: Christina Valkanoff, Re/Max One Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2174247
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2174247
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