$565,000
●
House -
Off Market
5236 Covington Bend Drive
Raleigh, NC 27613
3 Beds
2 Baths,
1
Half Bath
2,162 Ft²
$2,929
Est. Monthly
$57
HOA / Fees
3.89%
Cap Rate
About This Property
SHOWINGS START THURSDAY AT 5PM. PROFESSIONAL PHOTOS COMING ON
FRIDAY.
Move in ready in popular Harrington Grove! Great floorplan with kitchen opening to the family room. Flex room with built in bookshelves and island (can be removed). Master with vaulted ceiling and ensuite bath with double vanity, tub and separate shower. Fenced in yard! 2024: Freshly painted interior, new carpet upstairs and refinished hardwoods downtairs. 2023: New windows, deck and exterior paint. HVAC 2020, Roof 2021, Bosch Dishwasher 2022.
Move in ready in popular Harrington Grove! Great floorplan with kitchen opening to the family room. Flex room with built in bookshelves and island (can be removed). Master with vaulted ceiling and ensuite bath with double vanity, tub and separate shower. Fenced in yard! 2024: Freshly painted interior, new carpet upstairs and refinished hardwoods downtairs. 2023: New windows, deck and exterior paint. HVAC 2020, Roof 2021, Bosch Dishwasher 2022.
Unit Size
2,162 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$243
Property Type
House
Property Taxes
$293
HOA Dues
$57
Year Built
1994
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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 #10023904)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | Listed by EXP Realty LLC | $525,000 | |
| Listed by EXP Realty LLC | |||
| | |||
|
SHOWINGS START THURSDAY AT 5PM. PROFESSIONAL PHOTOS COMING ON FRIDAY.
Move in ready in popular Harrington Grove! Great floorplan with kitchen opening to the family room. Flex room with built in bookshelves and island (can be removed). Master with vaulted ceiling and ensuite bath with double vanity, tub and separate shower. Fenced in yard! 2024: Freshly painted interior, new carpet upstairs and refinished hardwoods downtairs. 2023: New windows, deck and exterior paint. HVAC 2020, Roof 2021, Bosch Dishwasher 2022.
| |||
| Apr 22, 1999 | Sold | ||
| Sold | |||
Property Highlights
Garage
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 Umstead
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Listed by: Linda S Nuxoll, EXP Realty LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10023904
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10023904
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