$415,000
●
House -
Off Market
708 Sawmill Road
Raleigh, NC 27615
3 Beds
2 Baths
1,405 Ft²
$423,419
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Welcome to this exquisite and well-maintained residence featuring a
captivating curb appeal on a generous .39-acre lot. The home
showcases freshly painted exteriors and interiors, a charming
corner fireplace, a master bedroom with a walk-in-closet, and a
renovated bathroom. Boasting two bedrooms and a updated kitchen
with gleaming hardwood floors throughout the entire house, this
property offers a seamless blend of modernity and classic charm.
Step outside to discover a fenced, expansive, and flat backyard,
perfect for your outdoor enjoyment. The seller has been invested
over $25K in plumbing, a new vapor barrier, insulation in the crawl
area, deck enhancements, and various other improvements.
Furthermore, all issues highlighted in the inspection report have
been addressed and resolved by the seller, ensuring a worry-free
living experience. Don't let this remarkable opportunity slip away.
Unit Size
1,405 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$302
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1980
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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 #2524054)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 5, 2023 | Sold | ||
| Sold | |||
| Jul 28, 2023 | Listed by Coldwell Banker Advantage | $425,000 | |
| Listed by Coldwell Banker Advantage | |||
| May 17, 2023 | No longer available | - | |
| No longer available | |||
| Apr 19, 2023 | In contract | - | |
| In contract | |||
| Apr 14, 2023 | Listed by Coldwell Banker Advantage | $400,000 | |
| Listed by Coldwell Banker Advantage | |||
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Property Highlights
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 North Raleigh
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Listed by: Susan R Choi, Coldwell Banker Advantage
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2524054
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2524054
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