7101 Sandy FrksRaleigh, NC 27615

  • Residential income properties
  • 28,746 SF
Off market
$12,496,792 Estimated

Property Details for 7101 Sandy Frks

Year built
1971
Construction
FRAME
Lot size
0.01 AC
Property size (Sq ft)
28,746 SF
Zone code
RX-3
Property type
Residential income properties
Property subtype
Garden apartment buildings
APN
1717.13-02-8829 0103672
APU
1717130288290103672

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,640,144
    6.5%
    $7,975,518
    7%
    $7,405,838
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,795,011
    Geo Method
    $10,227,453
  • Alternative Use

    Use
    Valuation
    Residential
    $7,975,518
    Hospitality
    $7,305,531
    Educational
    $6,078,116
    Medical
    $6,287,152
    Retail
    $9,454,847
7101 Sandy Frks, Raleigh, North Carolina

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.8712
Longitude
-78.6242
CBSA code
39580
CBSA name
RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$139,575
-
$12,496,792
$12,496,792
-
-
$12,496,792
$12,496,792

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