$236,000
●
House -
Off Market
4201 Loon Lane
Raleigh, NC 27616
3 Beds
2 Baths,
1
Half Bath
1,622 Ft²
$309,562
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Beautifully maintained cul-de-sac home in quiet Raleigh
neighborhood. Enjoy mornings in your spacious sunroom overlooking
your fenced in backyard that backs up to a permanent wooded space.
All hardwood flooring on the first floor. Stainless Steel
appliances & tile backsplash in the kitchen. Ceiling fans in
all rooms. Ceramic tile in owner's suite bathroom. Open the sliding
glass doors to your huge deck, great for entertaining. New roof
installed in 2016 and new HVAC replaced in 2017. Welcome home!
Unit Size
1,622 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$141
Property Type
House
Property Taxes
$113
HOA Dues
$38
Year Built
1988
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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 #2337040)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | Listed by Better Homes & Gardens Real Es | $359,900 | |
| Listed by Better Homes & Gardens Real Es | |||
| | |||
|
Indulge in the epitome of serene living with this beautiful cul-de-sac home, tucked away in Raleigh's Mallard Crossing neighborhood. Step into the inviting sunroom offering a picturesque view of your own private sanctuary bordered by a lush, permanent wooded area.
Inside, the first floor welcomes you with hardwood flooring and a kitchen with stainless steel appliances.
This home offers practical advantages with a fully encapsulated and conditioned crawlspace, ensuring energy efficiency and peace of mind.
Don't let this opportunity for serenity pass you by and schedule your private tour today.
Better Homes and Gardens Real Estate Paracle does not hold Earnest money.
All offers due by 8pm 3/18/24
| |||
| Sep 14, 2020 | Sold | ||
| Sold | |||
| Aug 14, 2020 | Listed by Raleigh Cary Realty Inc. | $229,000 | |
| Listed by Raleigh Cary Realty Inc. | |||
| Jul 8, 2016 | Sold | ||
| Sold | |||
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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
Comparables
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Status
Status
Type
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About Mallard Crossing
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Listed by: Craig Rutman, Raleigh Cary Realty Inc.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2337040
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2337040
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