$415,000
●
House -
Off Market
917 Northclift Drive
Raleigh, NC 27609
3 Beds
2 Baths
1,656 Ft²
$2,278
Est. Monthly
5.10%
Cap Rate
About This Property
Have you been looking for an affordable home in the Midtown and
North Hills area of Raleigh? Well look no further! This
traditional split-level residence offers a perfect blend of comfort
and convenience, located in this highly desirable area, as well as
a stone throw's away from Optimist Park and Swimming Pool.
This charming home features three spacious bedrooms, and the quaint kitchen includes an eat-in breakfast/dining area, making it ideal for casual meals and entertaining. The lower level boasts a cozy family room with a fireplace, perfect for movie nights or family time. Additionally, there is a large utility room providing plenty of storage space and functionality to suit your needs.
The expansive back yard is beautifully landscaped and bursting with colorful flowers, offering a great oasis for outdoor enjoyment. The fenced-in yard is an added feature, and the detached storage building in the back yard provides extra space for all your tools, equipment, and hobbies. This home is a hidden gem in a prime location, and is ready for your creativity and imagination!
This charming home features three spacious bedrooms, and the quaint kitchen includes an eat-in breakfast/dining area, making it ideal for casual meals and entertaining. The lower level boasts a cozy family room with a fireplace, perfect for movie nights or family time. Additionally, there is a large utility room providing plenty of storage space and functionality to suit your needs.
The expansive back yard is beautifully landscaped and bursting with colorful flowers, offering a great oasis for outdoor enjoyment. The fenced-in yard is an added feature, and the detached storage building in the back yard provides extra space for all your tools, equipment, and hobbies. This home is a hidden gem in a prime location, and is ready for your creativity and imagination!
Unit Size
1,656 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$254
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
1971
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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 #10038788)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| Jul 1, 2024 | Listed by EXP Realty LLC | $419,900 | |
| Listed by EXP Realty LLC | |||
| | |||
|
Have you been looking for an affordable home in the Midtown and North Hills area of Raleigh? Well look no further! This traditional split-level residence offers a perfect blend of comfort and convenience, located in this highly desirable area, as well as a stone throw's away from Optimist Park and Swimming Pool.
This charming home features three spacious bedrooms, and the quaint kitchen includes an eat-in breakfast/dining area, making it ideal for casual meals and entertaining. The lower level boasts a cozy family room with a fireplace, perfect for movie nights or family time. Additionally, there is a large utility room providing plenty of storage space and functionality to suit your needs.
The expansive back yard is beautifully landscaped and bursting with colorful flowers, offering a great oasis for outdoor enjoyment. The fenced-in yard is an added feature, and the detached storage building in the back yard provides extra space for all your tools, equipment, and hobbies. This home is a hidden gem in a prime location, and is ready for your creativity and imagination!
| |||
| Jan 1, 1971 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
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: Lisa Coleman, EXP Realty LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10038788
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10038788
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