80 Irene Ln Raleigh, NC 27603

3 beds · 2 baths · 2,572 sq ft · Lot Size: 45,302 sq ft · Single Family Home
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80 Irene Ln is in the 27603 neighborhood of Raleigh, NC. It is located in Johnston County and ZIP code 27603. This Single Family Home was built in 2001 and is approximately 24 years old. The single family home spans 2572 sq ft with 3 bedrooms and 2 bathrooms and sits on a 45302 sq ft lot. According to public records, it was last sold in 2020 for $300,000. Analyze and compare real estate investment strategies for properties like this home at 80 Irene Ln Raleigh, NC 27603 with Property Intel by Whitepages.

Investment Potential for 80 Irene Ln

The property has a current estimated value of $444,073, which is 16% above the zip median, based on public records. It last sold on April 23, 2020 for $300K. Projected long-term
is $30,000 annually ($2,500 per month) with a 95% occupancy rate.

Long-Term

Gross Rental
$30,000 per year($2,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 27603 zip code
 
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Owners & Occupancy for 80 Irene Ln

This property is owned by Lisa Ann Augello. Owner contact information includes 11 phone numbers and 7 email addresses.

Property Owners

Cell Phone(631) ***-****
Residence***********
Landline(631) 226-8513+ 6 more
Distance from Property**********
Email Address***********@comcast.net
Cell Phone(516) ***-****
Residence***********
Landline(516) 826-0710+ 1 more
Distance from Property**********
Email Address********@aol.com

Property Ownership Information

Purchase DateApril 23, 2020
Property Tax Amount$2,216 in 2024
Purchase Price$300,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 63
Resident 2****************** age 56
Resident 3************ age 65

Property Details for 80 Irene Ln

Property Details

Property Sq Ft

Living Area

2,572 sq ft

Compare to 27603

Lot Size

45,302 sq ft

Compare to 27603

Price Per Sq Ft

Living Area

$173 / sq ft

Compare to 27603

Lot Size Area

$10 / sq ft

Compare to 27603
Property condition, age, exterior, etc. for 80 Irene L…
Longitude: -78.622637 Latitude: 35.57889 Parcel Number (APN): 06F99009J…
Mortgage originated on through lender: Newrez Llc for$******View Mortgage Details
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Market Benchmarks

Compare data for 80 Irene Ln in Johnston County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$444,073
$275,142
$168,931 (61%)
$398,141
$216,621 (54%)
YoY Price Change
2.32%
163%
Year Built
2001
1990
11 years
Living Space
2,572 sq ft
1,589 sq ft
983 (62%)
$ Per Living Sq Ft
$173
$169
$4 (2%)
Lot Size
45,302 sq ft
20,473 sq ft
24829 (121%)
$ Per Lot Sq Ft
$10
$17
-$7 (-41%)

Net Operating Income
$17,038
$3,508 (21%)
Annual Revenue
$30,000
$22,800
$7,200 (32%)
$5,773
$3,681 (64%)
Net Operating Income
$17,038
$3,508 (21%)
Cap Rate
6%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians