$551,000
●
House -
Off Market
405 Bart Street
Raleigh, NC 27610
3 Beds
3 Baths,
1
Half Bath
1,489 Ft²
$556,461
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Beautiful custom home with skyline views of downtown Raleigh
designed by award winning Maurer Architecture. Relax on the
rocking chair front porch, second floor balcony or the spacious
deck overlooking the large fenced yard. Open floor plan with
modern interior. Gorgeous site finished oak hardwoods in all
living areas (no carpet). Freshly painted interior.
Chef's kitchen with upgraded 42" cabinets, granite
countertops, polished chevron marble backsplash, under-counter
lighting, French door refrigerator, single bowl sink and large
walk-in pantry. Master suite features walk-in frameless shower,
double vanity, walk-in closet and balcony with amazing views.
Surrounded by similar properties. Storage under staircase,
exterior storage closet accessed from deck, and dry storage under
the deck. Only 1.5 miles to downtown Raleigh and everything it
offers. Quiet street. The property faces historic Raleigh National
Cemetery, established in 1865. Interment was limited to service
members. Original blueprints convey at closing.
Unit Size
1,489 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$363
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
2017
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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 #2493004)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2023 | Sold | ||
| Sold | |||
| Feb 1, 2023 | Listed by Coldwell Banker HPW | $540,000 | |
| Listed by Coldwell Banker HPW | |||
| Nov 15, 2022 | No longer available | - | |
| No longer available | |||
| Nov 2, 2022 | Price Decreased |
$575,000
↓ $35K
(5.7%) | |
| Price Decreased | |||
| Oct 13, 2022 | Price Decreased |
$610,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Air Conditioning
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 Central Raleigh
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Tim Mock, Coldwell Banker HPW
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2493004
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2493004
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