136 Candlewick Drive
About This Property
This adorable 3-bedroom, 2-bath ranch home offers just over 1,250 sq ft of single-level convenience with fresh paint and an updated kitchen that's ready for you to move right in! The big, beautiful rocking chair front porch is the perfect spot for morning coffee or evening relaxation - you'll love the Southern charm and welcoming curb appeal!
The real bonus? A large lot with a 400 sq ft wired outbuilding that's ready for whatever you need - workshop, studio, or storage. This is the kind of extra space that's hard to find and adds incredible value and versatility to the property! And with no HOA, you have the freedom to truly make this property your own!
Location, location, location! You're close to the interstate for easy commuting, surrounded by Wendell and Wake County parks for outdoor recreation, and just minutes from Wake Tech. Whether you're working, playing, or exploring, everything you need is nearby while still enjoying that peaceful Wendell lifestyle.
With one-level living, fresh updates, a fantastic outbuilding, that inviting front porch, no HOA restrictions, and a prime location, this home delivers exceptional value and convenience. Don't miss this opportunity - homes with this much character and functionality don't last long!
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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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Listed by Keller Williams Elite Realty | $264,000 | |
| Listed by Keller Williams Elite Realty | |||
| Nov 19, 2019 | Sold | ||
| Sold | |||
| Oct 10, 2019 | Listed by Keller Williams Elite Realty | $174,900 | |
| Listed by Keller Williams Elite Realty | |||
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About Candlewick
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Last Updated: 7 months ago
Data Source: TMLS, MLS# 10151068
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