$266,400
●
House -
Off Market
5205 Cabin Place
Raleigh, NC 27609
3 Beds
2 Baths
1,594 Ft²
$410,626
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model
About This Property
Adorable MIDTOWN RANCH! This 3BR/2B centrally located home features
fresh paint throughout, Brand New SS appliances, newly updated
fixtures throughout and BRAND NEW plush carpet. Eat-in kitchen with
granite counter tops and sunken living room with masonry fireplace.
The spacious master features a newly updated bath with brand new
vanity and shower door. Large deck, private wooded lot and fully
fenced backyard make family gatherings and entertaining a breeze!
Great schools, fabulous location - don't miss!
Unit Size
1,594 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$169
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1973
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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 #2225821)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | Listed by Insight Real Estate | $525,000 | |
| Listed by Insight Real Estate | |||
| | |||
|
Welcome to your new sanctuary located minutes from North Hills and Quail Corners shopping! This delightful 3-bedroom cul-de-sac home is the perfect blend of comfort and modern updates. The entire home exudes a calming and neutral atmosphere, making it a versatile canvas for your personal touches. Step inside to find recently renovated full baths with designer finishes. This will certainly bring a touch of luxury to your daily routine. Updates - new front door and deck railing, both full bath renovated, kitchen backsplash, windows replaced 2019, new HVAC 2019, new roof 2024. Experience the inviting and relaxing ambiance that makes this house truly feel like home. Don't miss out on this gem - it's ready to welcome you!
| |||
| Dec 28, 2018 | Sold | ||
| Sold | |||
| Nov 27, 2018 | Listed by Re/Max One Realty | $269,900 | |
| Listed by Re/Max One Realty | |||
| Apr 2, 1990 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About North Raleigh
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Listed by: Sharon Evans, Re/Max One Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2225821
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2225821
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