8517 Evans Mill Place
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2025 | Sold | ||
| Sold | |||
| May 30, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed by Allen Tate/Raleigh-Falls Neuse | $749,900 | |
| Listed by Allen Tate/Raleigh-Falls Neuse | |||
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Looking for a great house with it's own private oasis?! You found it! Beautiful 5 bedroom, 3 bath home in prime NW Raleigh location. You are greeted by a large, welcoming foyer. Notice the beautiful hardwood floors on the majority of the main floor. Enjoy a spacious layout that includes a sought after guest room on the main floor with a access to a full bathroom. This bedroom also has a huge walk in closet. There is a flex space that is currently being used as an office & a nice size dining room space. The open concept floorplan includes a nice size family room with a gas fireplace and lovely view of the inground, salt water, heated pool! Enjoy making wonderful memories in the large pool with a slide, plenty of patio space and grassy areas to enjoy play and pets. Kitchen has been updated with soft close cabinets, granite tops, single bowl sink, herringbone subway tile backsplash, stainless steel appliances, custom pantry with pullouts and a double oven. The island offers plenty of seating as well as a cheerfull breakfast nook space. The laundry room is large and offers a ''work sink'' space. Upstairs you will find a huge owner's suite with a fabulously updated ''wet bath''. This lovely room features beautiful tile, dual shower heads, a soaking tub and a glass enclosure. The navy dual vanities compliment the space so nicely! The owner's suite also has a large walk-in closet. There are 3 other nice size secondary bedrooms on this floor and a hall bathroom. The bathroom features a tub/shower combo and a dual vanity sink. Garage has built in storage shelves. Enjoy a full fenced back yard. The home is in ideal location to shopping, dining, RDU Airport and RTP. Minutes to new Trader Joe's, Crabtree Valley Mall, Umstead Park, Lake Lynn and greenway access. Live & entertain well!
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| Feb 16, 2024 | Sold | ||
| Sold | |||
| Dec 12, 2023 | Listed by Coldwell Banker HPW | $675,000 | |
| Listed by Coldwell Banker HPW | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017