$281,000
●
House -
Off Market
5425 Neuse View Drive
Raleigh, NC 27610
3 Beds
2 Baths,
1
Half Bath
2,090 Ft²
$285,466
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Fabulous updated home in Neuse Ridge by Anderson Point Park, the
Greenway and the Neuse River! Wrap around front porch,
office/sunroom, garage, walk-in closet. UPDATES: new roof 2019, new
gas hot water heater 2018, new Pergo Smoked Chestnut laminate
flooring, throughout and Chique Gris porcelain tile in full
bathrooms 2018, new oil rubbed bronze faucets, new light fixtures,
newly painted cabinets, newly surfaced front porch floor.
Landscaped w/3 raised garden beds & perennials!
Unit Size
2,090 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$115
Property Type
House
Property Taxes
$177
HOA Dues
$11
Year Built
1997
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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 #2374659)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 25, 2021 | Sold | ||
| Sold | |||
| Mar 26, 2021 | Listed by Compass -- Raleigh | $240,000 | |
| Listed by Compass -- Raleigh | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Aug 2, 2018 | Sold | ||
| Sold | |||
| Jul 15, 2018 | Listed | $196,500 | |
| Listed | |||
| | |||
|
Nice 3 bedroom home in Neuse Ridge! Rocking chair front porch, garage, deck, & a bonus room! All bedrooms on same level! Has 1st floor office, w/glass french doors, kitchen island, garden tub & sep shower. Excellent opportunity for investor or first home. Lease in place for $1,250 a month until 7/31/2018. Great location near Highway64/I-495, the Neuse River, & Anderson Point Park! For a private showing please email [email protected] or text/call Your LuxuryMovers Team at 919-601-2012 or 919-602-5969. The manager has listed the unit size as 2136 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Southeast Raleigh
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kate Kenney, Compass -- Raleigh
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2374659
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2374659
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