8709 Gleneagles Drive
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 |
|---|---|---|---|
| May 9, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | Listed by Raleigh Custom Realty, LLC | $800,000 | |
| Listed by Raleigh Custom Realty, LLC | |||
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Welcome to this beautiful North Raleigh home located on the 3rd hole in Wildwood Green golf course community. An open floor plan connects the family room, breakfast and kitchen areas perfect for get togethers. Kitchen provides tons of storage with floor to ceiling cabinetry. Don't forget the formal dining room for those special occasions . The primary suite with a spacious walk in closet, a laundry room just steps away and a flex space for your office offers main floor living. Three additional bedrooms and bath on the second floor as well as a walk in attic provides abundant space for storage. Enjoy the large back deck overlooking the scenic 3rd fairway. A generous 3 car garage provides space for a potential golf cart or workshop. Recent updates include new interior paint (2024), a gas cooktop (2024), painted kitchen cabinets with new hardware (2024), updated light fixtures (2024), and new dual vanities in the primary bath (2024). Upstairs carpeting is less than two years old. This prime location offers close proximity to grocery stores, restaurants, and easy access to 540 and RDU airport. Wildwood Green community offers pool, tennis and pickleball courts, playground and a golf course.
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| Sep 3, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017