$295,000
●
House -
Off Market
5000 Silverdene Street
Raleigh, NC 27616
3 Beds
2 Baths
1,131 Ft²
$1,712
Est. Monthly
$12
HOA / Fees
6.59%
Cap Rate
About This Property
Welcome to the perfect blend of comfort, style, and location-right
here in Raleigh. Just minutes to Buffaloe Road Athletic Park and
the shops and restaurants at Triangle Town Center, this move-in
ready home puts you close to everything, with thoughtful upgrades
throughout. Step inside to vaulted ceilings, a bright open layout,
and low-maintenance LVP flooring in the main living space. The
eat-in kitchen features granite counters, stainless steel
appliances-including a brand-new oven-and plenty of room to gather,
cook, and connect. Both bathrooms have been tastefully updated, and
the fresh paint and new carpet make the whole home feel like new.
Outside, enjoy your morning coffee on the front porch, grill out on
the spacious back deck, or just relax in the large, private
backyard that doesn't back directly to neighbors. Bonus: a new
roof, gutters, and extra storage-both attached and in the backyard
shed-mean all the practical boxes are checked, too. If you're
looking for a stylish, low-maintenance home in a super convenient
spot, this one's absolutely worth a look.
Unit Size
1,131 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$265
Property Type
House
Property Taxes
$226
HOA Dues
$12
Year Built
1999
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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 #10108361)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 8, 2025 | Sold | ||
| Sold | |||
| Aug 9, 2025 | In contract | - | |
| In contract | |||
| Jul 22, 2025 | Price Decreased |
$299,999
↓ $20K
(6.3%) | |
| Price Decreased | |||
| Jul 10, 2025 | Listed by Relevate Real Estate Inc. | $320,000 | |
| Listed by Relevate Real Estate Inc. | |||
| Feb 22, 2022 | Sold | ||
| Sold | |||
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Property Highlights
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 Northeast Raleigh
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Listed by: Chuck Belden, Relevate Real Estate Inc.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10108361
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10108361
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