5436 Crescent Square Street, Raleigh, NC 27616
Three-story townhouse with modern finishes and community amenities.
- Added:
- Sep 20, 2024
- Days on Market:
- 655
- Last Refresh:
- May 19 at 11:49 pm
Property Features for 5436 Crescent Square Street
General Information
- Standard status
- Active
- Size
- 1,871 SF
- Lot size
- 0.03 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2023
Listing office CityScapes Properties LLC (919) 985-1336
Listing date Sep 20, 2024
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of CityScapes Properties LLC
HighLights
- Move‑in ready, low‑maintenance townhouse facing serene green space in the desirable 5401 North community.
- Open‑concept second level featuring stainless and quartz kitchen, LVP flooring, and balcony with abundant natural light.
- Enjoy the 5401 North community amenities: pool, clubhouse, gym, dog park, playground, community garden, and Neuse River Greenway access.
- Primary bedroom with ensuite bath including double vanity, glass and tile shower, and walk‑in closet.
- First‑level bedroom with full bath and oversized 1‑car garage with professionally installed EV charging.
- Convenient location near schools, restaurants, coffee shops, and breweries.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.0k | $19.80 |
| − Vacancy | −$2.2k | −$1.19 |
| EGI | $34.8k | $18.61 |
| − OpEx | −$15.7k | −$8.38 |
| NOI | $19.2k | $10.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.5416
- Latitude
- 35.8604