$285,000
●
House -
Off Market
7237 Berkshire Downs Drive
Raleigh, NC 27616
3 Beds
2 Baths,
1
Half Bath
1,864 Ft²
$402,788
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
Gorgeous Remodel well kept Home in one of the most desired areas
with tons of updates including swimming pool, out door area with
gas grill and 2 storage buildings. This beautiful house has been
meticulous care for and ready for the new owner to enjoy All this
house has to offer. Close to 540 and shopping. Come and make it
yours!!!
Unit Size
1,864 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$153
Property Type
House
Property Taxes
$120
HOA Dues
-
Year Built
1982
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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 #2305631)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2020 | Sold | ||
| Sold | |||
| Mar 2, 2020 | Listed by Winland Group, LLC | $285,000 | |
| Listed by Winland Group, LLC | |||
| Jan 14, 2015 | Sold | ||
| Sold | |||
| Nov 14, 2014 | Listed by Jones Advantage Real Estate | $154,000 | |
| Listed by Jones Advantage Real Estate | |||
| | |||
|
GREAT PROPERTY WITH MANY EXTRAS! HOME HAS A POOL AS WELL AS A STORAGE SHED AND WORKSHOP. HOME IS IN NEED OF SOME TLC BUT IS WORTH THE EFFORT. HOME IS CLOSE TO 540, TRIANGLE TOWN CENTER, AND SHOPPING. HOME SOLD AS IS WITHOUT WARRANTY. HOA $88 MONTHLY. EQUAL HOUSING OPPORTUNITY. CASE #381-831961. SOLD IE WITH ESCROW OF $4070. WELL AND SEPTIC ON SITE.
| |||
| Mar 21, 2014 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Northeast Raleigh
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Listed by: Mynor Contreras Martinez, Winland Group, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2305631
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2305631
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