New search
Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Garden apartment buildings
3209 Quiet Ml Rd, Raleigh, NC 27612-4308
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US53-1582272
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1987
Construction
FRAME
Total area
10,464 SF
Lot
23.11 ac (1,006,672 SF)
Zoning code
R-10
APN
0795.05-07-3889 0064648
UPID
US53-1582272
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
$730k
Blend (final)
Blend
$930k
Owner & transaction history
Livingston At Laurel Hills L · 6 yrs held
Livingston At Laurel Hills L
since 2019
5 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$89 / SF
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
$287,739
Tax year 2023
Assessed value
$26,053,073
Assessed 2023
Previous assessed
$26,053,073
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$5,640,000
Assessed improvement
$20,413,073
Land market value
$5,640,000
Improvement market value
$20,413,073
Total market value
$26,053,073
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1987
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Units
12
Rooms
812
Total area
10,464 SF
Lot
23.11 ac (1,006,672 SF)
Zoning code
R-10
APN
0795.05-07-3889 0064648
UPID
US53-1582272
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
1987
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Units
12
Rooms
812
Lot
23.11 ac
Current owner
From public records · entity-resolved
Livingston At Laurel Hills L
Individual
Mailing address
22144 CLARENDON ST STE #303, WOODLAND HILLS, CA 91367-6309
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2019
$28,000,000
Livingston At Laurel Hills L
Hudson Redwood Lexington LLC
Grant Deed
$18,400,000 · Berkadia Com'l Mtg
Oct 30, 2014
$22,250,000
Hudson Redwood Lexington LLC
Csp Lexington Farms LLC
Grant Deed
—
Oct 30, 2014
—
Hudson Redwood Lexington LLC
Csp Lexington Farms LLC
Trustees Deed
related
$16,687,000 · Cbre Cap Markets
Feb 1, 2012
—
Csp Lexington Farms LLC
Lexington Farms Apartments INC
Quit Claim Deed
related
$10,920,000 · Cwcapital LLC
Feb 1, 2012
$13,650,000
Csp Lexington Farms LLC
Lexington Farms Apartments INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3209 Quiet Ml Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
