$2,603,000
●
House -
Off Market
12304 Birchfalls Drive
Raleigh, NC 27614
5 Beds
6 Baths,
2
Half Baths
11,884 Ft²
$3,730,427
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Situated on nearly two acres in one of Raleigh's most beautiful
gated communities, this custom built estate is an entertainer's
paradise! Enjoy an active lifestyle with amenities such as a
versatile Sport Court®, saltwater pool, batting cage, and putting
green all in your very own backyard. The elegant two-story foyer
with piano alcove, spacious and open living areas, gourmet kitchen,
and convenient in-law suite that doubles as a pool house combine to
create the perfect atmosphere of comfort and luxury.
Unit Size
11,884 Ft²
Days on Market
-
Land Size
1.98 acres
Price per sqft
$252
Property Type
House
Property Taxes
$1,117
HOA Dues
$150
Year Built
2002
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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: 2 years ago (TMLS #2190197)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2021 | Sold | ||
| Sold | |||
| May 8, 2018 | Listed by Hodge & Kittrell Sotheby's Int | $3,000,000 | |
| Listed by Hodge & Kittrell Sotheby's Int | |||
| Jul 30, 2017 | Listed | $3,250,000 | |
| Listed | |||
| | |||
|
This estate home is located in a gated community steps away from Falls Lake in highly sought after North Raleigh area. Impressive gourmet kitchen is a chef’s dream, featuring Wolfe and subzero appliances, dual sinks, concrete countertops that can accommodate a quiet family meal or the social event of the year. Impeccably kept grounds include all country club amenities right here at home, with a salt water pool, hot tub, putting green, and full-size sports court.The manager has listed the unit size as 11884 square feet.
| |||
| Dec 20, 2001 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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Sold On
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HOA + Taxes
About Bayleaf Farm
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Mollie Owen, Hodge & Kittrell Sotheby's Int
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2190197
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2190197
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