$440,000
●
House -
Off Market
5921 Big Sandy Drive
Raleigh, NC 27616
4 Beds
3 Baths
2,469 Ft²
$2,657
Est. Monthly
$135
HOA / Fees
5.39%
Cap Rate
About This Property
There is room for everyone in this 4 bedroom, 3 full bath home with
all formals and bonus in popular Riverside neighborhood. This home
offers the best in indoor and outdoor living in this open plan with
spacious foyer. Downstairs bedroom and a full bath is tucked away
and convenient for guests. Living room with updated flooring is
open to kitchen and sunny breakfast area that looks out onto the
private backyard. Upstairs you will find a large primary suite with
trey ceiling and bath with soaking tub and separate shower. There
are two other generously sized bedrooms and a bonus room that can
function as office, exercise or play space. Outside enjoy the
privacy of your fenced back yard on one of two large decks.
Trampoline and swing set convey. Riverside community offers resort
style amenities with Junior Olympic pool , pool house, tennis and
pickle ball courts and miles of sidewalks. This home is two
blocks to the Raleigh Greenway , WRAL Soccer Park and
convenient to downtown, shopping, hospitals and major
highways.
Unit Size
2,469 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$182
Property Type
House
Property Taxes
$312
HOA Dues
$135
Year Built
2002
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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 #10119487)
Price History
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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Baths
ft²
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Asking Price
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HOA + Taxes
About Northeast Raleigh
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Listed by: Betty Bargoil, EXP Realty LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10119487
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10119487
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