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Map
16 Keystone Court
About This Property
Custom-built elegance meets functional design in this stunning home located in a sought-after pool community just minutes from the Wake County line. Designed for effortless living, this home ''lives like a ranch'' with all four generously sized bedrooms located on the main level. The interior shines with 9-foot ceilings, crown molding, and beautifully refreshed oak hardwood floors throughout the main living areas.
The gourmet kitchen features gorgeous granite countertops, tile backsplash, and stainless steel appliances, opening into a family room anchored by a cozy gas-log fireplace. Retreat to the spacious primary suite, tucked away for ultimate privacy, featuring a spa-like en suite with a soaking tub, ceramic tiled shower, and a large walk-in closet with custom wooden shelving.
Upstairs, discover a massive 21'x23' bonus room with a full bath--ideal for a home theater or play space--plus an incredible 450 sq ft of unfinished storage area ready for future expansion. Relax on the expansive grilling deck (perfect for a future screened porch) while enjoying peaceful pond views and mature blueberry bushes. Community amenities include a pool, playground, and picnic shelter. Welcome home!
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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 |
|---|---|---|---|
| Jun 25, 2026 | Sold | ||
| Sold | |||
| May 16, 2026 | In contract | - | |
| In contract | |||
| May 8, 2026 | Price Decreased |
$465,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Mar 25, 2026 | Price Decreased |
$470,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Jan 31, 2026 | Listed by Grow Local Realty, LLC | $475,000 | |
| Listed by Grow Local Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017