5612 Beargrass Lane
About This Property
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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%.
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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.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Nov 19, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed by RE/MAX United | $460,000 | |
| Listed by RE/MAX United | |||
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Your home looks great from the street because of the side entry garage & large corner lot. The rocking chair front porch welcomes you, then you enter to a soaring two story foyer with arches on each side. The gourmet kitchen with island is open to the family room, all with a wall of windows overlooking your wooded, fenced yard. Owner's suite has a grand bedroom with a trey ceiling, a large walk in closet and a glamour bath with corner tub & separate shower. Your home office has a bay window to make it bright. The arch leading to the formal dining room lets you entertain in style. The bonus room is huge for all your toys and it has two closets so it can be fourth bedroom. Ride bikes to the community center with grand swimming pool, playground, tennis/pickle ball courts and clubhouse. It is a short walk to the Neuse River trail system. Good schools and easy access to shopping.
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| Jul 10, 2001 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Northeast Raleigh
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017