$503,000
●
House -
Off Market
408 Rosehaven Drive
Raleigh, NC 27609
4 Beds
2 Baths,
1
Half Bath
2,022 Ft²
$491,108
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
MULTIPLE OFFERS-Seller asking for highest & best offers. No
deadline set at this time. Midtown GEM on large lot in lovely
established neighborhood. Just 5 minutes to North Hills! Amazing
Updates include new & refinished Hardwoods, fresh neutral paint,
brand new carpet. New lighting in Breakfast Nook & Dining Rm. Super
energy-efficient HVAC 1 yr new. Newer water heater. Roof was
replaced '05-'10 w. 40 yr warranty on shingles. Formal Dining &
Living Rm or Home Office in front of home. Kitchen is open to
Family Room w. gas log fireplace. Roomy breakfast nook w. bay
window overlooks backyard w. wooded buffer. 2nd Floor features a
huge Primary Suite w. generous dressing area, two closets &
separate ceramic tile shower. Three secondary bedrooms & hall bath.
Grill out and gather with friends on the spacious rear deck. You'll
love the convenience of the side door when coming home with
groceries! Walk to Cedar Hills Park. Ultra-convenient location with
easy access to 540 & 440 & everything North Raleigh has to offer.
Unit Size
2,022 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$235
Property Type
House
Property Taxes
$246
HOA Dues
-
Year Built
1983
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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 #2464820)
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About North Raleigh
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Listed by: Caren Freundlich, Realty One Group Greener Side
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2464820
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2464820
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