Perfectly located on a quiet cul-de-sac within North Raleigh's
prestigious Faircroft community-renowned for its privacy and
exceptional convenience to I-540, RDU Airport, and premier shopping
and dining-this extraordinary custom estate delivers an elevated
lifestyle defined by space, sophistication, and resort-style
amenities. Set on 1.69 acres of remarkably private grounds, the
residence spans 9,476 square feet across three finished levels,
offering 5 bedrooms, 5 full baths, and 1 half bath. Expansive
windows throughout flood the interiors with natural light, creating
a bright, airy ambiance that enhances every space. A grand
marble-floored foyer sets an elegant tone upon entry, leading to a
refined library/music room, expansive formal and informal gathering
spaces. At the center of the home, the fully renovated chef's
kitchen is both a showcase and a functional masterpiece, appointed
with honed marble countertops and full-height backsplash, bespoke
cabinetry, and top-tier appliances including a 60-inch Wolf gas
range with griddle and charbroiler, Sub-Zero refrigerator and
freezer columns, Bosch dishwasher, and a Gaggenau built-in coffee
system for an elevated, cafe-quality experience at home. A spacious
walk-in pantry with a discreet pass through offers convenient
access from the garage, enhancing everyday convenience. The
main-level primary suite is a private sanctuary, featuring a serene
sitting room that opens directly to the deck overlooking the
estate's resort-level outdoor living spaces. The two generous
walk-in closets in the primary bedroom provide exceptional storage,
while the fully renovated spa-inspired bath showcases custom
vanities, honed marble finishes, a deep soaking tub, and a
luxurious walk-in shower with marble seating-creating a true
retreat experience within the home. In addition to three
bedrooms and a flex space, the versatile second-floor offers large
bonus and play room designed for flexible living and entertaining.
The walk-out lower level extends the home's luxury lifestyle,
offering a full kitchen, billiards lounge, wine room, private
office, craft room, guest suite, and steam shower-ideal for
extended stays or multigenerational living with complete comfort
and privacy. Outdoors, the estate transforms into a private
retreat, designed for both relaxation and entertaining on a grand
scale. A pool anchors the landscape, complimented by a pool house
with full bath, sports court, covered wood deck, covered patio,
outdoor fireplace, and built-in gas grill. Mature landscaping
surrounds the property, enhancing its sense of seclusion,
tranquility and privacy. A three-car garage, whole-house generator,
tankless water heater, and water filtration system, complete
this meticulously appointed Faircroft luxury estate-offering an
unparalleled blend of comfort, refinement, and lifestyle in one of
North Raleigh's most coveted enclaves.
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.
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