$275,000
●
House -
Off Market
701 Resplendent Place
Raleigh, NC 27603
3 Beds
2 Baths,
1
Half Bath
2,325 Ft²
$487,416
RealtyHop Estimate
77.24%
Since Feb 1, 2016
National-US
Primary Model
About This Property
Be home in time for Christmas. Less than 5 miles from the
heart of downtown Raleigh this spacious, Energy Star home will save
you money on utilities. Hardwoods throughout the main level,
with all appliances included. Only 3 years young, this well
maintained, move-in-ready home is a great opportunity in the South
Raleigh area. 9' ceilings on the main level, a sunroom/breakfast
room, mostly fenced yard and corner lot all make this a stunning
place to call home.
Unit Size
2,325 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$118
Property Type
House
Property Taxes
$234
HOA Dues
$244
Year Built
2012
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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 #2039436)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 12, 2020 | Sold | ||
| Sold | |||
| Jan 16, 2018 | Sold | ||
| Sold | |||
| Oct 16, 2017 | Listed by Better Homes & Gardens Real Es | $300,000 | |
| Listed by Better Homes & Gardens Real Es | |||
| Jan 15, 2016 | Sold | ||
| Sold | |||
| Nov 19, 2015 | Listed by Real Broker, LLC | $275,000 | |
| Listed by Real Broker, LLC | |||
| | |||
|
Be home in time for Christmas. Less than 5 miles from the heart of downtown Raleigh this spacious, Energy Star home will save you money on utilities. Hardwoods throughout the main level, with all appliances included. Only 3 years young, this well maintained, move-in-ready home is a great opportunity in the South Raleigh area. 9' ceilings on the main level, a sunroom/breakfast room, mostly fenced yard and corner lot all make this a stunning place to call home.
| |||
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 Southwest Raleigh
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Chip Barker, Better Homes & Gardens Real Es
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2039436
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2039436
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