$234,000
●
House -
Off Market
5308 Neuse Forest Road
Raleigh, NC 27616
3 Beds
2 Baths,
1
Half Bath
2,182 Ft²
$356,910
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model
About This Property
Beautifully UPDATED home!! This home features stunning
flooring with a travertine tile entrance extending into the kitchen
and breakfast areas as well as bamboo floors throughout the family
room and bedrooms. The kitchen also also been extensively
updated with granite countertops, a gas 5 burner range; stainless
steel Bosch dishwasher, and built in microwave. Fresh paint
throughout. The owner suite boasts cathedral ceilings and a
closet that is to die for. 2-10 Home Warranty Offered with
purchase!
Unit Size
2,182 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$103
Property Type
House
Property Taxes
-
HOA Dues
$98
Year Built
2003
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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 #2154657)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | Listed by GROSSMAN REAL ESTATE GROUP LLC | $419,999 | |
| Listed by GROSSMAN REAL ESTATE GROUP LLC | |||
| | |||
|
Gorgeous Fully Fenced NE Raleigh Home loaded with UPGRADES & BONUS Room! Decked Out with Bamboo Laminate Hardwood Floors (Downstairs & Upstairs), NEW Carpet, Newer HVAC (Under 2 years), 2 Tier Staircase, Fireplace, Formal Dining & Great Formals and More! Upgraded Kitchen with Tile Backsplash, NEW SS Appliances including Gas Range, Bar Seating and Eat-In Area with Quick Access to Back Patio with Extended Deck - Perfect for Grilling & Entertaining. Large MBR Ste with Cathedral Ceiling & WIC Closet. Wooded/Private Backyard and Mins from Hwy 540 & Shopping in the Established Riverside Community. Won't Last Long!
| |||
| Nov 28, 2017 | Sold | ||
| Sold | |||
| Oct 5, 2017 | Listed by Allen Tate/Raleigh-Falls Neuse | $225,000 | |
| Listed by Allen Tate/Raleigh-Falls Neuse | |||
| Jun 27, 2003 | 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
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Northeast Raleigh
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Listed by: Pam Saxman, Allen Tate/Raleigh-Falls Neuse
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2154657
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2154657
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