$74,250
●
Condo -
Off Market
5824 Pointer Drive #101
Raleigh, NC 27609
2 Beds
2 Baths
1,134 Ft²
$126,901
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model
About This Property
Spacious 2 bedroom/2bathroom condo in a very convenient North
Raleigh location! Office nook in living room next to
fireplace. Large master bedroom with big walk in closet, smooth
ceilings and new tile/fixtures in master bathroom.
Unit Size
1,134 Ft²
Days on Market
-
Land Size
-
Price per sqft
$71
Property Type
Condo
Property Taxes
-
HOA Dues
$145
Year Built
-
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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 #2154385)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 23, 2021 | Sold | ||
| Sold | |||
| Nov 1, 2021 | Listed by Real Triangle Properties LLC | $161,000 | |
| Listed by Real Triangle Properties LLC | |||
| | |||
|
"INVESTOR ALERT' Perfect investment property in the heart of Raleigh. It's currently rented. New HVAC and water heater. Hardwood flooring.
| |||
| Nov 1, 2017 | Sold | ||
| Sold | |||
| Oct 3, 2017 | Listed by Berkshire Hathaway HomeService | $80,000 | |
| Listed by Berkshire Hathaway HomeService | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Parking Features: Parking Lot
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Bathtub/Shower Combination, Entrance Foyer, Master Downstairs, Storage
Appliances: Dishwasher, Gas Water Heater, Refrigerator
Flooring Type: Carpet
Laundry Features: Main Level
Common walls with other units/homes: End Unit
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Crawl Space
Exterior Details
Has Property Attached
Square Footage: 1134
Architectural Style: Traditional
Year Built: 1985
Above Grade Finished Area: 1134Square Feet
Building Area Total: 1134
Levels: One
Building Area Units: Square Feet
Construction Materials: Wood Siding
Patio and Porch Features: Deck
Lot Size Dimensions: Condo
Water Source: Public
Financial Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure
HOA Fee: $145
HOA Fee Frequency: Monthly
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Community & neighborhood Details
Region: Raleigh
Subdivision: Sweetbriar Condominiums
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/01/2021
|
2 Bed
|
2 Bath
|
1134 ft²
|
$161,000
2 Bed
2 Bath
1134 ft²
|
$175,000
+8.70%
11/23/2021
|
Purvi Thakar
Real Triangle Properties LLC
| |
|
09/13/2020
|
2 Bed
|
2 Bath
|
1100 ft²
|
$120,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
| |
|
10/03/2017
|
2 Bed
|
2 Bath
|
1134 ft²
|
$80,000
2 Bed
2 Bath
1134 ft²
|
$74,250
-7.19%
11/01/2017
|
Matthew Rollins
Berkshire Hathaway HomeServices YSU
|
Building Info
About North Raleigh
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Listed by: Matthew Rollins, Berkshire Hathaway HomeService
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2154385
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2154385
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