99
Map
$9,500,000
●
House -
For Sale
1208 Barcroft Place
Raleigh, NC 27615
5 Beds
7 Baths,
1
Half Bath
9,970 Ft²
$47,787
Est. Monthly
0.23%
Cap Rate
About This Property
2026 Parade of Homes GOLD AWARD WINNER ! Offered by perrinial Gold
Award Winner Raleigh Custom Homes. Welcome to the epitome of
luxury living at its finest! This magnificent 9,970 square foot
estate, situated on the premier lot in the prestigious North Ridge
Subdivision, offers unparalleled elegance and sophistication.
Perched above the #1 and #17 greens of The Lakes course, this
architectural masterpiece boasts breathtaking views and a short,
scenic walk to the country club. Featuring 5 spacious bedrooms, 7
full bathrooms, and 1 half bath, this home is designed for
grand-scale entertaining and refined comfort. Features an elevator,
dual staircases, scullery. The custom pool serves as a stunning
centerpiece for outdoor gatherings, while the 4-car garage provides
ample space for your collection. Inside, indulge in the
state-of-the-art exercise room, rejuvenate in the private sauna, or
perfect your swing in the cutting-edge golf simulator. Every detail
of this residence exudes opulence, making it the ultimate retreat
for the discerning executive. Experience unmatched luxury in a
location that defines prestige-schedule your private tour today!
Through the exclusive Day One Living experience- all
furniture showcased throughout the home is available for purchase.
Unit Size
9,970 Ft²
Days on Market
449 days
Land Size
0.89 acres
Price per sqft
$953
Property Type
House
Property Taxes
$1,140
HOA Dues
-
Year Built
1971
Listed By
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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: 6 days ago (TMLS #10113729)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2025 | Listed by Raleigh Custom Realty, LLC | $9,500,000 | |
| Listed by Raleigh Custom Realty, LLC | |||
| Mar 21, 2003 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Elevator
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener, Garage Faces Side
Garage Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 7
Interior Features: Bookcases, Built-in Features, Chandelier, Double Vanity, Elevator, Entrance Foyer, High Ceilings, Kitchen Island, Natural Woodwork, Recessed Lighting, Sauna, Soaking Tub, Sound System, Walk-In Closet(s), Wet Bar, Bathtub/Shower Combination, Primary Downstairs, Smooth Ceilings, Walk-In Shower, Water Closet
Appliances: Bar Fridge, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer/Dryer, Wine Refrigerator, Wall Oven
Flooring Type: Carpet, Hardwood, Tile
Door Features: French Doors, Sliding Doors
Laundry Features: Laundry Room, Main Level, Multiple Locations, Sink, Upper Level
Rooms: 13
Has Fireplace
Fireplace Features: Family Room, Fire Pit, Gas, Outside, Bedroom, Stone
Exterior Details
Square Footage: 9970
Architectural Style: Traditional, Transitional
Year Built: 2026
Builder Name: Raleigh Custom homes
Building Area Total: 9970.12
Levels: Two
Other Structures: Pool House
Construction Materials: Brick, Cedar
Patio and Porch Features: Porch, Screened, Terrace
Lot Features: Back Yard, Close to Clubhouse, Cul-De-Sac, Front Yard, Landscaped, On Golf Course
Lot Size Area: 0.89
Lot Size Units: Acres
Lot Size Acres: 0.89
Lot Size Square Feet: 38768
Water Source: Public
Financial Details
Tax Map Number: 9
Tax Annual Amount: $13,680
Utilities Details
Cooling Type: Central Air
Heating Type: Central, None
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About North Raleigh
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Listed by: Steve Wall, Raleigh Custom Realty, LLC
Last Updated: 6 days ago
Data Source: TMLS, MLS# 10113729
Last Updated: 6 days ago
Data Source: TMLS, MLS# 10113729
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