5313 Edington Lane
About This Property
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 22, 2025 | Sold | ||
| Sold | |||
| Apr 23, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Listed by Fonville Morisey/Midtown Sales | $890,000 | |
| Listed by Fonville Morisey/Midtown Sales | |||
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SHOWINGS START 4/3/25! Enjoy one floor living in 3 BR / 4 BA home on 1.36 acres in Raleigh's best kept secret neighborhood of Foxcroft. Although the home has a septic permit for 3 bedrooms it was being used as a 4 bedroom home. In this nicely updated home you'll find a large great room with plenty of natural light. The open kitchen design has three oven spaces for those who enjoy cooking (two in the range and one more in the brand new built-in oven/MW). The flex room with full bathroom is separate from the three bedrooms so it would make a great suite for in-laws, college student or nanny...and it can be accessed without coming into the main area of the home. This house is all main floor living but is complimented by a walk-out finished basement that includes a living area, bar, an office/flex room, full bathroom, and a large workout studio with so many possibilities. You'll love the community with large lots, mature trees yet so close to Rt 1, 540, 440 and downtown. Enjoy the outdoors on the large deck with nature views, a playground and a basketball court. The large detached workshop has great potential for the woodworker or hobbyist in the family. Houses in this neighborhood don't last long so come and see it before it's gone! No HOA and no city taxes! Neighborhood has direct access to the Raleigh Greenway for exercise. Brand new Publix shopping plaza is being built on the corner of Buffaloe Rd and 540 for added convenience.
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| May 24, 2017 | Sold | ||
| Sold | |||
| Aug 11, 1999 | Sold | ||
| Sold | |||
Property Highlights
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Price/ft²
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About Northeast Raleigh
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$2,000 /mo
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$1,875 /mo
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- 1,622 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017