$325,000
●
House -
Off Market
4400 Emmit Drive
Raleigh, NC 27604
3 Beds
2 Baths
1,324 Ft²
$1,821
Est. Monthly
$65
HOA / Fees
6.39%
Cap Rate
About This Property
Your eyes don't deceive you--this is THE opportunity in Raleigh!
Featuring some of the best neighborhood amenities in the
Triangle, this amazing floor plan with copious updates is the one
you've been waiting for--whether the first-time homebuyer,
second-timer, or investor, there is much to appreciate and nothing
to be desired. A corner lot, mature landscaping, open great
room with ample natural light, complete solid flooring down,
granite counters, fresh paint, new fixtures, vaulted ceiling in
owners' suite, and amazing outdoor space means you can settle down
for a cozy evening or entertain seamlessly. Just a quick walk
to one of two neighborhood pools, tennis courts, shaded playground,
and ready access to the Neuse River Greenway, I-540 and I-440 round
out this proposition. Roof '15, HVAC '19, and WH '19.
This home has been well loved, and now it's your turn!
Schedule your showing today! Showings begin Fri 7/19 at
3p.***SELLERS HAVE ACCEPTED OFFER***
Unit Size
1,324 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$238
Property Type
House
Property Taxes
$209
HOA Dues
$65
Year Built
1990
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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 #10042176)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 18, 2024 | Listed by Society Real Estate, LLC | $315,000 | |
| Listed by Society Real Estate, LLC | |||
| | |||
|
Your eyes don't deceive you--this is THE opportunity in Raleigh! Featuring some of the best neighborhood amenities in the Triangle, this amazing floor plan with copious updates is the one you've been waiting for--whether the first-time homebuyer, second-timer, or investor, there is much to appreciate and nothing to be desired. A corner lot, mature landscaping, open great room with ample natural light, complete solid flooring down, granite counters, fresh paint, new fixtures, vaulted ceiling in owners' suite, and amazing outdoor space means you can settle down for a cozy evening or entertain seamlessly. Just a quick walk to one of two neighborhood pools, tennis courts, shaded playground, and ready access to the Neuse River Greenway, I-540 and I-440 round out this proposition. Roof '15, HVAC '19, and WH '19. This home has been well loved, and now it's your turn! Schedule your showing today! Showings begin Fri 7/19 at 3p.***SELLERS HAVE ACCEPTED OFFER***
| |||
| Jul 24, 2020 | Sold | ||
| Sold | |||
| May 20, 2020 | Listed by Society Real Estate, LLC | $210,000 | |
| Listed by Society Real Estate, LLC | |||
| Oct 28, 1999 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Fireplace
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: Brett Yates, Society Real Estate, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10042176
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10042176
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