$1,110,000
●
House -
Off Market
5704 Jacobs Drive
Raleigh, NC 27612
6 Beds
5 Baths
3,925 Ft²
$6,114
Est. Monthly
$58
HOA / Fees
3.48%
Cap Rate
About This Property
Situated in a serene cul-de-sac, this unique 7-bedroom home,
marketed as six with a bonus room, exemplifies luxury living at its
finest. Meticulously designed with top-of-the-line finishes and
exceptional bonus spaces, every detail caters to comfort and style.
The main level features soaring coffered ceilings, gleaming
hardwood floors, and custom built-ins, creating an inviting
atmosphere. The private owner's retreat boasts a tray ceiling,
expansive walk-in closet, and a spa-inspired ensuite bath. The
fully finished third floor offers a kitchenette, full bathroom, and
spacious bedroom, perfect for in-law accommodation or a private
teen retreat. This home also offers a private screened-in porch and
patio for relaxation and entertainment. With limited competing
properties available, this home presents an opportunity to
transform into your personal sanctuary. Located in a sought-after
neighborhood just moments from shopping, dining, and major
commuting routes, this home truly offers the best of both worlds.
Unit Size
3,925 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$280
Property Type
House
Property Taxes
$654
HOA Dues
$58
Year Built
2015
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Cap Rate Calculator
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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 #10023785)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 21, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | Listed by Pace Realty Group, Inc. | $1,100,000 | |
| Listed by Pace Realty Group, Inc. | |||
| Sep 9, 2020 | Sold | ||
| Sold | |||
| Jun 12, 2020 | Listed by Pace Realty Group, Inc. | $679,900 | |
| Listed by Pace Realty Group, Inc. | |||
| Sep 23, 2016 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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 North Raleigh
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Listed by: John Pace, Pace Realty Group, Inc.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10023785
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10023785
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