$310,000
●
House -
Off Market
5849 Ricker Road
Raleigh, NC 27610
3 Beds
2 Baths
1,394 Ft²
$1,872
Est. Monthly
$134
HOA / Fees
About This Property
Welcome to this cozy 3 bedroom corner lot gem! Featuring bright,
open living space with LVP flooring throughout, vaulted ceilings
with skylight, and cozy fireplace--perfect for both relaxing and
entertaining. The kitchen offers stainless steel appliances, a
breakfast bar, and generous cabinet space. ALL APPLIANCES CONVEYS!
FIRST FLOOR features 2 BEDROOMS with FULL bath and generous closet
spaces. Enjoy private upstairs owner's suite which boasts a vaulted
ceiling, walk-in closet, and a soaker tub. The outdoor area is
perfect for entertaining with large gazebo. HOA maintains the front
and side of home. Conveniently located 15 minutes from downtown and
within walking distance to bus stops, shopping areas, postal
service, and restaurants. 20 minutes to crabtree mall. Welcoming
all offers!
Unit Size
1,394 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$226
Property Type
House
Property Taxes
$191
HOA Dues
$134
Year Built
2003
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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: 5 months ago (TMLS #10168075)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 24, 2026 | Sold | ||
| Sold | |||
| May 30, 2026 | In contract | - | |
| In contract | |||
| May 18, 2026 | Listed by Navigate Realty | $315,000 | |
| Listed by Navigate Realty | |||
| Sep 26, 2025 | Price Decreased |
$315,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Aug 13, 2025 | Price Decreased |
$319,900
↓ $5K
(1.6%) | |
| Price Decreased | |||
Show More
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
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Sold On
HOA + Taxes
About Southeast Raleigh
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Listed by: Vanecia Thompson Brown, Navigate Realty
Last Updated: 5 months ago
Data Source: TMLS, MLS# 10168075
Last Updated: 5 months ago
Data Source: TMLS, MLS# 10168075
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