$420,000
●
House -
Off Market
6121 Spring Branch Circle #LOT37
Raleigh, NC 27603
3 Beds
2 Baths,
1
Half Bath
2,811 Ft²
$625,964
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
Breathtaking new ranch home with open design. Dramatic 11' ceilings
greet you upon entering. Hardwood floors throuhgout main living
areas. Spacious kitchen with island opens to family room. Screen
porch with second FP overlooks a nice back yard. Heavy trim/molding
package. Private master suite with tray ceiling. Oversized
secondary bedrooms. Upstairs provides a huge finished bonus room &
over 1300 sq ft of walk in storage. Plumbing stub outs provide the
ability to add another future bathroom.
Unit Size
2,811 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$139
Property Type
House
Property Taxes
-
HOA Dues
$30
Year Built
2017
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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 #2112140)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 2, 2023 | Sold | ||
| Sold | |||
| Aug 24, 2023 | Listed by HomeTowne Realty 4042 Cleveland | $714,900 | |
| Listed by HomeTowne Realty 4042 Cleveland | |||
| Jun 7, 2017 | Sold | ||
| Sold | |||
| Feb 24, 2017 | Listed by HomeTowne Realty | $389,900 | |
| Listed by HomeTowne Realty | |||
| | |||
|
Breathtaking new ranch home with open design. Dramatic 11' ceilings greet you upon entering. Hardwood floors throuhgout main living areas. Spacious kitchen with island opens to family room. Screen porch with second FP overlooks a nice back yard. Heavy trim/molding package. Private master suite with tray ceiling. Oversized secondary bedrooms. Upstairs provides a huge finished bonus room & over 1300 sq ft of walk in storage. Plumbing stub outs provide the ability to add another future bathroom.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Hoke Landing
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Rodney Carroll, HomeTowne Realty 4042 Cleveland
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2112140
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2112140
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