16
Map
$545,000
●
House -
For Sale
624 Van Thomas Drive
Raleigh, NC 27615
3 Beds
2 Baths,
1
Half Bath
2,178 Ft²
$3,072
Est. Monthly
About This Property
624 Van Thomas Dr is a residence with a functional layout and
comfortable living spaces throughout. The kitchen features quartz
countertops and stainless steel appliances, creating a
well-equipped space for cooking and entertaining. A fireplace
anchors the main living area, adding warmth and ambiance to the
central gathering space. A deck extends the living space outdoors,
creating ample room for relaxation and entertaining, with a storage
shed adding extra utility. This residence combines practical design
with comfortable living spaces, delivering functional amenities
throughout every room.
Unit Size
2,178 Ft²
Days on Market
53 days
Land Size
0.39 acres
Price per sqft
$250
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1995
Listed By
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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 months ago (TMLS #10189033)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2026 | Listed by Opendoor Brokerage LLC | $545,000 | |
| Listed by Opendoor Brokerage LLC | |||
| Feb 24, 2012 | Sold | ||
| Sold | |||
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, Hardwood, Vinyl
Rooms: 8
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Exterior Details
Square Footage: 2178
Architectural Style: Traditional
Year Built: 1995
Building Area Total: 2178
Levels: Two
Construction Materials: HardiPlank Type, Wood Siding
Lot Size Area: 0.39
Lot Size Units: Acres
Lot Size Acres: 0.39
Lot Size Square Feet: 16988.4
Water Source: Public
Financial Details
Tax Map Number: 14
Tax Assessed Value: $5,413
Tax Annual Amount: $4,741
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
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 North Raleigh
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Listed by: Thomas Ladane Shoupe, Opendoor Brokerage LLC
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10189033
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10189033
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