Townhouse / Rowhouse home in Raleigh, NC
A Townhouse home in Raleigh, NC, it offers 4 bedrooms and 3.5 bathrooms across 2,900 square feet. Its Townhouse character defines the property's look.
| Price | $749,900 |
|---|
| Beds | 4 |
|---|
| Baths | 3.5 |
|---|
| Sqft | 2900 |
|---|
| Architectural style | Townhouse / Rowhouse (50% match) |
|---|
| Address | 1940 Hornbeck Ct, Raleigh, NC 27614 |
|---|
Why buy this home
- Confirmed Townhouse / Rowhouse architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced above comparable homes.
- At $750K, this home is 121% above the $340K median for 719 similar Townhouse / Rowhouse homes in Raleigh, NC.
- That works out to $259 per square foot, 30% above the $199 comparable rate.
- On the market 21 days.
| This home | $749,900 |
|---|
| Townhouse / Rowhouse median in Raleigh, NC | $339,900 (719 homes) |
|---|
| Price per sq ft | $259 vs. $199 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $4,898/month with 20% down at a 7.28% 30-year fixed rate. You would need about $209,930 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $4,105/mo |
|---|
| Property tax (new-buyer reassessed rate) | $512/mo |
|---|
| Homeowners insurance | $281/mo |
|---|
| Total monthly | $4,898/mo |
|---|
| Down payment (20%) | $149,980 |
|---|
| Income needed | $209,930/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (58 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (58/100) |
|---|
| Beats renting in | 9% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $332,943 |
|---|
| Range (10th to 90th pct) | $192,806 to $494,409 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Raleigh, NC where local data is thin.
Local home values
Typical home values in Raleigh, NC have risen about 19% over the past 5 years (-2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia