Comparable Market Analysis
2410 Fairview Rd
Mordecai · Raleigh, NC 27617
Lotline
Prepared by Lotline
Tax year of record 2025 · Report ID P-018
Demo data — every figure in this report is synthetic and generated for demonstration. It is not a real listing, appraisal, MLS record, or parcel. Connect a live data source (MLS, PropertyRadar, ATTOM, RentCast) to produce a report from real records.
Subject property
List / est. value
$591,000
List price/sqft
$279/sqft
Configuration
4 bd · 4 ba · 2,100 sqft
Lot size
8,200 sqft
Property type
Single Family
Year built
1987
Condition
Updated
Stories · parking
3 · 1
Tastefully updated single-family home in Mordecai, Raleigh. 4 bed / 4 bath across 2,100 sqft on a 8.2k sqft lot, built in 1987. Vaulted ceilings, Open floor plan, Hardwood floors.
Comparable sales (7)
Recent nearby sales, each adjusted to the subject for differences in size, condition, and features. Ranked by similarity.
| Address | Dist. | Sold | Bd/Ba | Sqft | Sold price | $/sqft | Adj. | Adj. price |
|---|---|---|---|---|---|---|---|---|
4602 Oberlin Rd Raleigh, NC · 84% match | 1.6 mi | Jul 25, 2025 | 3/4.5 | 1,949 | $604,000 | $310 | +$21,000 | $625,000 |
8796 Whitaker Mill Rd Raleigh, NC · 84% match | 1.0 mi | Aug 4, 2025 | 3/5 | 1,939 | $515,000 | $266 | +$28,500 | $543,500 |
7314 Oberlin Rd Raleigh, NC · 83% match | 1.0 mi | Jun 9, 2025 | 4/3 | 1,951 | $535,000 | $274 | +$32,500 | $567,500 |
916 Oberlin Rd Raleigh, NC · 83% match | 1.4 mi | Jan 28, 2025 | 4/5 | 1,977 | $530,000 | $268 | +$25,500 | $555,500 |
1535 Oberlin Rd Raleigh, NC · 83% match | 0.2 mi | Oct 2, 2025 | 4/5 | 1,808 | $557,000 | $308 | +$54,000 | $611,000 |
8347 Fairview Rd Raleigh, NC · 74% match | 1.0 mi | Jun 22, 2025 | 4/4.5 | 2,430 | $663,000 | $273 | -$83,000 | $580,000 |
6867 Fairview Rd Raleigh, NC · 72% match | 1.5 mi | May 2, 2025 | 4/4 | 1,826 | $562,000 | $308 | +$67,000 | $629,000 |
| Average | $287 | $587,357 | ||||||
Adjustments — 4602 Oberlin Rd: Size +151 sqft +$36,000 · Age older 10y -$9,000 · Baths -0.5 -$6,000
Reconciled opinion of value
$586,650
Likely range $563,184 – $610,116
Implied $/sqft
$279
Avg comp $/sqft
$287
Median $/sqft
$274
Value reconciled from 7 adjusted comparables, weighted by similarity to the subject. Range reflects the dispersion of adjusted sale prices ($266–$310 per sqft).
Property tax snapshot
- Assessed value (2025)
- $507,056
- Annual tax bill (2025)
- $3,917
- Effective rate
- 0.77%
- vs. state median
- −1%
- Monthly escrow
- $326
- Projected next bill
- $4,056
Investment snapshot
Thin deal25% down · 7.00% · 30-yr · rent $2,650/mo
- Cap rate
- 2.61%
- Monthly cash flow
- -$1,664
- Cash-on-cash
- -12.1%
- Net operating income
- $15,415/yr
- 1% rule
- 0.45%
- DSCR
- 0.44