$975,000
●
House -
Off Market
9308 Royal Crest Drive
Raleigh, NC 27617
4 Beds
4 Baths,
1
Half Bath
5,726 Ft²
$1,164,364
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
BACK ON THE MARKET!!! Welcome to BCCC! Stunning brick home w/
refinished hardwoods, 1/2 an acre, private, cul-de-sac lot!
Spacious layout w/ split front & back staircase, kitchen w/
granite countertops, SS appliances and large breakfast area!
Separate dining room, family room, living room, office and laundry
room are all offered on the 1st floor! 2nd floor master suite has
sitting room, garden tub, walk-in shower, separate water closet,
dual vanities, and 2 custom WIC! 3 large secondary bed/baths,
media room w/ theatre! Seller will pay 2% closing credit if
under contract by 12/31/22 negotiable prior to executed contract!
Closing credit must be referenced in final accepted offer.
Unit Size
5,726 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$192
Property Type
House
Property Taxes
$609
HOA Dues
$179
Year Built
2002
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Cap Rate Calculator
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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 #2444142)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 13, 2023 | Sold | ||
| Sold | |||
| Aug 18, 2022 | No longer available | - | |
| No longer available | |||
| Jun 24, 2022 | Price Increased |
$1,235,000
↑ $135K
(12.3%) | |
| Price Increased | |||
| May 18, 2022 | Relisted | $1,099,900 | |
| Relisted | |||
| May 13, 2022 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
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 Umstead
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Listed by: John Cole, Integra Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2444142
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2444142
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