5804 Pointer Drive #201
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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2025 | Listed | $186,000 | |
| Listed | |||
| | |||
|
AMAZING Raleigh location! Sweetbriar Condominiums delivers the ultimate blend of Midtown convenience and Downtown excitement just a few minutes to North Hills dining, greenway trails, major employers, I-440, and Fayetteville Street's vibrant arts scene. Step into this beautifully updated 2 bed, 2 bath, 1,134 sq ft home and discover a turnkey retreat where every detail has been refreshed for effortless living: Professional interior paint bathes each room in a crisp, modern palette. Luxury vinyl plank flooring carries from the welcoming foyer through the kitchen and both full baths, marrying style with durability. An updated kitchen showcases tall, ceiling height soft close cabinetry, an on-trend faucet, and a never used dishwasher. Refrigerator, range, washer & dryer all convey for true move-in ease. Both bathrooms shine with updated sinks, vanities, and fixtures offering hotel worthy serenity. The HVAC system was replaced in 2023, ensuring efficient year round comfort, while generous natural light and a smart open layout make living and dining areas feel bright and expansive. Enjoy morning coffee or evening sunsets on your private balcony, complete with an exterior storage closet perfect for seasonal gear. The pet friendly HOA handles exterior maintenance, roof, landscaping, and trash, freeing up weekends to explore Raleigh's farmers markets, breweries, and concert venues. Two spacious bedrooms including an en-suite primary with walk-in closet provide restorative retreats, and ample parking means visitors are always welcome. Whether you're a first-time buyer, savvy downsizer, or investor seeking steady rental potential, this Sweetbriar gem offers the low maintenance lifestyle you've been waiting for. Simply unpack, settle in, and savor everything Raleigh has to offer!
| |||
| Oct 1, 2020 | Sold | ||
| Sold | |||
| Jul 19, 2020 | Listed by Massey Real Estate | $118,000 | |
| Listed by Massey Real Estate | |||
| Mar 1, 2007 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/19/2020
|
2 Bed
|
2 Bath
|
1100 ft²
|
$118,000
2 Bed
2 Bath
1100 ft²
|
$120,000
+1.69%
10/01/2020
|
Emily B Massey
Massey Real Estate
| |
|
01/03/2020
|
2 Bed
|
2 Bath
|
1100 ft²
|
$107,000
2 Bed
2 Bath
1100 ft²
|
$110,000
+2.80%
02/03/2020
|
Emily Massey
Massey Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017