$380,000
●
House -
For Sale
4011 Oatgrass Lane
Raleigh, NC 27604
3 Beds
2 Baths,
1
Half Bath
2,243 Ft²
$2,166
Est. Monthly
$36
HOA / Fees
About This Property
Charming home in a desirable Raleigh neighborhood offering comfort,
functionality, and convenience. The property features a recently
installed, high-efficiency Trane HVAC system. Inside, the first
floor boasts 9-ft ceilings, a spacious family room, brand-new wood
flooring throughout the living and family areas, and a large
kitchen equipped with upgraded 42" maple cabinets. Upstairs, the
spacious primary suite includes a large walk-in closet and an
ensuite bathroom with a soaking tub and separate shower. Two
additional bedrooms, a full bath, and an open loft for a home
office or game room complete the second floor. Enjoy easy access to
both I-440 and I-540 plus nearby shopping and dining including
Costco, BJ's, Walmart, Home Depot, Lowe's, supermarkets, car
dealers, and Triangle Town Center.
Unit Size
2,243 Ft²
Days on Market
53 days
Land Size
0.12 acres
Price per sqft
$169
Property Type
House
Property Taxes
$264
HOA Dues
$36
Year Built
2004
Listed By
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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: 4 months ago (TMLS #10169878)
Price History
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Flooring Type: Carpet
Rooms: 1
Exterior Details
Square Footage: 2243
Architectural Style: Traditional
Year Built: 2004
Building Area Total: 2243
Levels: Two
Construction Materials: Stone Veneer, Vinyl Siding
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Lot Size Square Feet: 5227.2
Water Source: Public
Financial Details
Tax Map Number: 100
Tax Annual Amount: $3,169
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
HOA Fee: $429
HOA Fee Frequency: Annually
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: Craig Tribus, BEYCOME BROKERAGE REALTY LLC
Last Updated: 4 months ago
Data Source: TMLS, MLS# 10169878
Last Updated: 4 months ago
Data Source: TMLS, MLS# 10169878
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