$249,000
●
Condo -
Off Market
601 Broad Leaf Circle #601
Raleigh, NC 27613
2 Beds
2 Baths,
1
Half Bath
1,245 Ft²
$248,074
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Move-in-ready end-unit. This 2-story Condo features two bedrooms
with two private full baths upstairs. The primary bedroom has a
spacious walk-in closet and a sliding door to a private terrace.
The kitchen has granite countertops, ample counter and cabinet
space, and an eat-in nook with a bay window. Additional highlights
include a second-floor laundry room for added convenience.
Community amenities feature a pool and tennis court for your
enjoyment that are included in HOA dues. The Condo is also located
within 1.2 miles of Lake Lynn.
Unit Size
1,245 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
Condo
Property Taxes
$144
HOA Dues
$279
Year Built
1985
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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 #2532322)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2023 | Sold | ||
| Sold | |||
| Sep 15, 2023 | Listed by Relevate Real Estate Inc. | $249,000 | |
| Listed by Relevate Real Estate Inc. | |||
| Jul 12, 2017 | Sold | ||
| Sold | |||
| Mar 16, 2017 | Listed by Spencer Properties | $140,000 | |
| Listed by Spencer Properties | |||
| | |||
|
Great move in ready end-unit condo with a townhome feel! New carpet & paint! 2 story with both bedrooms and 2 private full baths upstairs. Master has large walk in closet & slider door to private terrace. Bright kitchen w/new granite, lots of counter & cabinet space & cozy breakfast nook w/bay window and pass through window to dining area. Awesome built-ins in family room, gas log fireplace w/tile surround, laminate hardwoods & slider door access to deck. Convenient 2nd floor laundry room. Community Pool!
| |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Parking Features: Parking Lot
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Bookcases, Entrance Foyer, Granite Counters, Storage, Living/Dining Room Combination, Shower Only
Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Range, Gas Water Heater, Refrigerator, Washer
Flooring Type: Carpet, Vinyl
Laundry Features: Upper Level
Rooms: 5
Has Fireplace
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 1245
Architectural Style: Traditional
Year Built: 1985
Building Area Total: 1245
Levels: Two
Building Area Units: Square Feet
Construction Materials: Masonite
Patio and Porch Features: Deck, Porch, Screened
Lot Size Units: Square Feet
Financial Details
Tax Annual Amount: $1,729
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Trash
HOA/Condo/Coop Amenities: Pool, Tennis Court(s)
HOA Fee: $279
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
09/15/2023
|
2 Bed
|
2 Bath
|
1245 ft²
|
$249,000
2 Bed
2 Bath
1245 ft²
|
$249,000
10/23/2023
|
Laura Richardson
Hunter Rowe Real Estate
| |
|
06/01/2021
|
2 Bed
|
3 Bath
|
1249 ft²
|
$220,000
2 Bed
3 Bath
1249 ft²
|
-
-
|
-
| |
|
03/16/2017
|
2 Bed
|
3 Bath
|
1378 ft²
|
$140,000
2 Bed
3 Bath
1378 ft²
|
$143,100
+2.21%
07/12/2017
|
Jennifer Spencer
Spencer Properties
|
Building Info
About Northwest Raleigh
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Listed by: Laura Van Leer Richardson, Relevate Real Estate Inc.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2532322
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2532322
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