$510,055
●
House -
Off Market
1008 Harper Road
Raleigh, NC 27603
4 Beds
2 Baths,
1
Half Bath
1,898 Ft²
$35,760
Est. Monthly
-72.49%
Cap Rate
About This Property
New Construction with No HOA & Large Lots!
Discover this 4-bedroom home in a prime location with expansive lots up to 1/3 acre! Nestled in the well-established Carolina Pines neighborhood, this exclusive community features 8 homes crafted by a local builder, offering unmatched value at this price point.
Enjoy convenient access to Downtown Raleigh (DTR), I-40, I-440, the Farmer's Market (6 minutes), Dix Park (5 minutes), Cary (10 minutes), and North Carolina State University (NCSU, 8 minutes). Plus, it's just 5 minutes to the new Dix Park!
Each home includes a 2-car garage and a beautifully designed kitchen perfect for entertaining, featuring a spacious peninsula, shaker cabinets with soft-close drawers, quartz countertops, and stainless steel appliances. The upstairs area includes a primary suite, three additional bedrooms, and a walk-in laundry room. Additional highlights include 9-foot ceilings on both floors, luxury plank flooring, and abundant windows.
These homes offer an ideal residence and a promising investment opportunity. Pre-sales are also available! Limited lots left!
Discover this 4-bedroom home in a prime location with expansive lots up to 1/3 acre! Nestled in the well-established Carolina Pines neighborhood, this exclusive community features 8 homes crafted by a local builder, offering unmatched value at this price point.
Enjoy convenient access to Downtown Raleigh (DTR), I-40, I-440, the Farmer's Market (6 minutes), Dix Park (5 minutes), Cary (10 minutes), and North Carolina State University (NCSU, 8 minutes). Plus, it's just 5 minutes to the new Dix Park!
Each home includes a 2-car garage and a beautifully designed kitchen perfect for entertaining, featuring a spacious peninsula, shaker cabinets with soft-close drawers, quartz countertops, and stainless steel appliances. The upstairs area includes a primary suite, three additional bedrooms, and a walk-in laundry room. Additional highlights include 9-foot ceilings on both floors, luxury plank flooring, and abundant windows.
These homes offer an ideal residence and a promising investment opportunity. Pre-sales are also available! Limited lots left!
Unit Size
1,898 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$269
Property Type
House
Property Taxes
$33,255
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 11 months ago (TMLS #10111544)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Jul 23, 2025 | Listed by Compass -- Raleigh | $510,055 | |
| Listed by Compass -- Raleigh | |||
Property Highlights
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About Southwest Raleigh
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Listed by: Emilee Carraway, Compass -- Raleigh
Last Updated: 11 months ago
Data Source: TMLS, MLS# 10111544
Last Updated: 11 months ago
Data Source: TMLS, MLS# 10111544
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