$400,000
↓ $49K (3%)
●
House -
Off Market
625 Glascock Street
Raleigh, NC 27604
2 Beds
1 Bath
750 Ft²
$486,960
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
Fantastic lot in great area. Tear-down.
Unit Size
750 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$613
Property Type
House
Property Taxes
$123
HOA Dues
-
Year Built
1951
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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 years ago (TMLS #2477120)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 7, 2025 | Price Decreased |
$1,600,000
↓ $49K
(3%) | |
| Price Decreased | |||
| Nov 16, 2024 | Price Decreased |
$1,649,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
| Feb 2, 2024 | Listed | $1,650,000 | |
| Listed | |||
| | |||
|
Custom Built by DJF Builders with a Frazier Home Design Plan! Located Downtown Raleigh Walking Distance to Shopping & Dining! Upgraded Lighting & Trim Throughout! Dramatic Foyer Entry w/Wall of Windows! Main Level Guest & Private Study w/Built ins! HWDs Thru Main Living! Kit: Quartz CTops, Cstm Cabinets to Ceiling w/Glass Upper Displays, Stained Island w/Barstool Seating & Designer Pendants, SS Appliance Package, Oversized Walk in Pantry! Open to Spacious Family Dining for Entertaining! Primary Suite: w/Foyer Entry, Recessed Lights & HWDs! Primary Bath: Designer Tile Floor, Sep Vanites w/Marble CTops & Gray Painted Vanity Cbnts, Sconce Lighting, Freestanding Tub, Tile Surround Shower w/Bench & Frameless Glass & Sep Cstm WICs! FamRoom: w/Brick to Ceiling Fireplace & Large Sliders to Covered Porch! Upper Level Gameroom & Unf Walk in Storage!
| |||
| Jan 17, 2023 | Sold | ||
| Sold | |||
| Oct 1, 2022 | Listed by Berkshire Hathaway HomeService | $460,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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About East Raleigh
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Listed by: Missy Farrell, Berkshire Hathaway HomeService
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2477120
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2477120
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