$265,000
●
House -
Off Market
7916 Hilburn Drive
Raleigh, NC 27613
3 Beds
2 Baths
1,617 Ft²
$403,726
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Wonderful one story home in great neighborhood with great schools
thats close to shopping, restaurants, the movie theater, Crabtree
Valley Mall, Brier Creek and RTP. The home is in very good
condition with a new roof (2017), new deck (2017), new HVAC unit
(2015) and like new carpeting. There are hardwoods on the main
floor and carpet in the family room and bedrooms. The kitchen has
maple cabinets and adequate counter space. The attic is 80%
floored, so plenty of room for storage. This home is must
see!
Unit Size
1,617 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$167
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1987
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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 #2228721)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by Peak, Swirles & Cavallito | $449,000 | |
| Listed by Peak, Swirles & Cavallito | |||
| | |||
|
Adorable cape cod nestled in the trees. Three bedrooms and two full baths all on one floor for easy living. Walk up attic provides more than ample storage space. Updated kitchen with stainless appliances and quartz countertops. Fabulous windows looking out over the backyard. Huge deck across the back to watch nature! Super location close to shopping and parks! Great schools! Come take a look! Showings begin Saturday, September 29th.
| |||
| Mar 1, 2019 | Sold | ||
| Sold | |||
| Dec 19, 2018 | Listed by Big Dreams Realty LLC | $269,900 | |
| Listed by Big Dreams Realty LLC | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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About Northwest Raleigh
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Listed by: Art Pfefferle, Big Dreams Realty LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2228721
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2228721
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