$389,500
●
House -
Off Market
5612 Enoree Lane
Raleigh, NC 27616
4 Beds
2 Baths
1,937 Ft²
$2,290
Est. Monthly
$125
HOA / Fees
About This Property
This beautifully updated home offers a functional layout with all
bedrooms on the main level and a spacious bonus room upstairs. The
main level features new engineered wood floors throughout, adding
warmth and style. The kitchen has been upgraded with new cabinets,
granite countertops, a tile backsplash, and stainless steel
appliances. The primary suite includes a renovated bath with new
tile floors, a dual granite vanity, and a custom tile shower. The
guest bath is also refreshed with a new granite vanity.
Conveniently located just minutes from downtown Raleigh, this home
blends modern updates with a prime location.
Unit Size
1,937 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$199
Property Type
House
Property Taxes
$274
HOA Dues
$125
Year Built
2001
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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: 8 months ago (TMLS #10143585)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Feb 16, 2026 | In contract | - | |
| In contract | |||
| Jan 29, 2026 | Listed by Grow Local Realty, LLC | $384,900 | |
| Listed by Grow Local Realty, LLC | |||
| Nov 14, 2025 | Listed | $389,500 | |
| Listed | |||
| | |||
|
This beautifully updated home offers a functional layout with all bedrooms on the main level and a spacious bonus room upstairs. The main level features new engineered wood floors throughout, adding warmth and style. The kitchen has been upgraded with new cabinets, granite countertops, a tile backsplash, and stainless steel appliances. The primary suite includes a renovated bath with new tile floors, a dual granite vanity, and a custom tile shower. The guest bath is also refreshed with a new granite vanity. Conveniently located just minutes from downtown Raleigh, this home blends modern updates with a prime location.
| |||
| Oct 30, 2025 | Price Decreased |
$389,500
↓ $400
(0.1%) | |
| Price Decreased | |||
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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
Comparables
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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 Northeast Raleigh
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Listed by: Nicholas S Yarrington, Grow Local Realty, LLC
Last Updated: 8 months ago
Data Source: TMLS, MLS# 10143585
Last Updated: 8 months ago
Data Source: TMLS, MLS# 10143585
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