$355,000
●
House -
For Sale
5918 Ricker Road
Raleigh, NC 27610
4 Beds
2 Baths,
1
Half Bath
2,388 Ft²
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$2,231
Est. Monthly
$212
HOA / Fees
About This Property
5918 Ricker Rd is a 2-story Raleigh detached home built in 2004 on
a corner lot. The kitchen includes an island with bar seating and
generous counter space for meal preparation and casual dining. A
fireplace anchors the main living area, adding warmth to the
primary gathering space, and a separate dining area sits beneath a
chandelier. Four bedrooms provide flexible sleeping and work areas,
while two full bathrooms include a double vanity and a combined tub
and shower for daily routines. A two-car attached garage provides
covered parking and storage, and a rear patio extends the usable
outdoor space. Clean interior finishes throughout complete this
well-maintained residence with practical amenities in every room.
Unit Size
2,388 Ft²
Days on Market
68 days
Land Size
0.18 acres
Price per sqft
$149
Property Type
House
Property Taxes
$275
HOA Dues
$212
Year Built
2004
Listed By
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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: 11 hours ago (TMLS #10186127)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Garage
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Flooring Type: Carpet, Laminate
Rooms: 7
Has Fireplace
Fireplace Features: Gas
Fireplaces: 1
Exterior Details
Square Footage: 2388
Architectural Style: Traditional
Year Built: 2004
Building Area Total: 2388
Levels: Two
Construction Materials: Vinyl Siding
Lot Features: Corner Lot
Lot Size Area: 0.18
Lot Size Units: Acres
Lot Size Acres: 0.18
Lot Size Square Feet: 7840.8
Water Source: Public
Financial Details
Tax Map Number: 526
Tax Assessed Value: $3,304
Tax Annual Amount: $3,305
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Unknown
HOA Fee: $212
HOA Fee Frequency: Quarterly
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
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Closing Price
Sold On
Sold On
HOA + Taxes
About Southeast Raleigh
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Listed by: Thomas Ladane Shoupe, Opendoor Brokerage LLC
Last Updated: 11 hours ago
Data Source: TMLS, MLS# 10186127
Last Updated: 11 hours ago
Data Source: TMLS, MLS# 10186127
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