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Property profile & analytics
OFF-MARKET
Residential income homes
1027 Holmes St, Raleigh, NC 27601-2741
Individually Owned
3-yr Hold
Property ID
US53-5288467
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1925
Total area
2,224 SF
Lot
0.32 ac (13,939 SF)
Zoning code
R-10
APN
1713.13-04-4210 0057055
UPID
US53-5288467
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Randolph W Linhart III · 3 yrs held
Randolph W Linhart III
since 2022
Last sale
$101,000
7 recorded transactions
Zoning & alternative use
R-10 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,466
Tax year 2023
Assessed value
$213,407
Assessed 2023
Previous assessed
$213,407
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$153,600
Assessed improvement
$59,807
Land market value
$153,600
Improvement market value
$59,807
Total market value
$213,407
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1925
Heating
NONE
Cooling
NONE
Stories
2
Units
7
Rooms
7
Bathrooms
2
Total area
2,224 SF
Lot
0.32 ac (13,939 SF)
Zoning code
R-10
APN
1713.13-04-4210 0057055
UPID
US53-5288467
Jurisdiction
WAKE
Zoning & alternative use
R-10 · Raleigh, NC
Zoning R-10 · permitted uses
R-10 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raleigh. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Heating
NONE
Cooling
Yes
Stories
2
Units
7
Rooms
7
Bathrooms
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Randolph W Linhart III
Individual
Mailing address
1027 HOLMES ST, RALEIGH, NC 27601-2741
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2022
—
Randolph W Linhart III
Randolph W Liohart III
Intrafamily Transfer
related
$616,250 · First Citizens Bank And Trust Co In
Oct 3, 2014
$101,000
Randolph W Linhart III
American Hms Mt Trust 2004-4
Grant Deed
$80,495 · First Heritage Mtg
Oct 15, 2013
$127,695
American Hm Mtg Inv Trust 2004-4
Ingle,grady I
Trustees Deed
related
—
Feb 18, 2013
$127,695
American Hm Mtg Inv Trust 2004-4
Ingle Grady I
Trustees Deed
related
—
Jun 25, 2012
—
Joseph Holcomb
Peoples,ronnie T & Carol L
Grant Deed
related
—
Sep 26, 2008
$135,000
Joseph Holcomb
Holcomb,joseph
Grant Deed
related
—
Oct 13, 2004
$135,000
Joseph Holcomb
Corey,barbara
Warranty Deed
$121,500 · American Home Mtg Acceptance
Aug 25, 2003
$135,000
Barbara Corey
—
Grant Deed
related
—
Aug 21, 2003
$135,000
Barbara Corey
Interfaith,commu
Grant Deed
—
Dec 20, 2000
$125,000
Interfaith Community Missi
—
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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