1024 Harper Road
About This Property
New construction with no HOA and large lot, plus up to $17,500 in builder and lender incentives (w/ lender approval).
Discover this 4 bed, 2.5 bath home in the established Carolina Pines neighborhood. This intimate 8-home enclave, built by a trusted local builder, delivers incredible value in a prime Raleigh location.
You're minutes from everything: Downtown Raleigh, I-40, I-440, the State Farmers Market (6 minutes), Dix Park (5 minutes), Cary (10 minutes), and NCSU (8 minutes). It doesn't get more convenient.
Enjoy a 2-car garage and a thoughtfully designed kitchen overlooking a cozy fireplace-large peninsula, 42-inch shaker cabinets with soft-close drawers, quartz countertops, and stainless steel appliances. Upstairs offers a bright primary suite, three additional bedrooms, and a walk-in laundry room. With 9-foot ceilings on both levels, luxury plank flooring, and beautiful windows, the home feels open, modern, and welcoming. Step out onto your covered patio and enjoy the oversized backyard.
Limited homes left- a smart investment, investors welcome. Would you rather build? We also have Two pre-sales available- late spring delivery.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 15, 2026 | Sold | ||
| Sold | |||
| Dec 8, 2025 | In contract | - | |
| In contract | |||
| Dec 3, 2025 | Price Increased |
$475,000
↑ $15K
(3.3%) | |
| Price Increased | |||
| Mar 5, 2025 | Listed by Compass -- Raleigh | $460,000 | |
| Listed by Compass -- Raleigh | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017