$264,908
↓ $10K (2.1%)
●
House -
Off Market
1609 Frog Hollow Way
Wake Forest, NC 27587
5 Beds
3 Baths
2,616 Ft²
$440,492
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model
About This Property
Landrum F with brick front & porch, 1st floor bedroom + 1st floor
full bath, 5 bedrooms total + upstairs Loft, 3 full baths. Hardwood
floors the entire first floor living areas. Granite kitchen
countertops with tile backsplash. Large Owner's Suite with separate
tub and shower in owner's bath. Formal Dining Room. Pool &
Clubhouse in this great Wake Forest, NC new home community.
Convenient access to dining, shopping, and entertainment.
Unit Size
2,616 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$100
Property Type
House
Property Taxes
-
HOA Dues
$40
Year Built
2016
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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 #2051859)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 10, 2025 | Price Decreased |
$469,900
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Nov 11, 2025 | Price Decreased |
$479,900
↓ $20K
(4%) | |
| Price Decreased | |||
| Oct 26, 2025 | Listed | $499,900 | |
| Listed | |||
| | |||
|
TEMPORARILY WITHDRAWN--PLEASE DO NOT CALL SELLERS: RETURNING TO MARKET IN MARCH.
GORGEOUS, LIKE NEW 5 Bedroom & 3 bath w/DOWNSTAIRS BEDROOM & FULL BATH features a very open floor plan: gorgeous HARDWOODS, kitchen includes GRANITE COUNTERS, Stainless Steel Appliances, Breakfast Nook, Kit. Island, dining and Family Room with FP. Large office space on 1st floor boasts cabinets, and built in bookshelves. Also, wrought iron spindles at stairs, Expansive Owners Suite features dual vanities, walk in closet, garden tub and oversized stand up shower. Loft area upstairs could make great playroom, media room or reading area. Awesome, fenced & private back yard is fully-landscaped with beautiful colors to enjoy your morning coffee or hosting friends for a cookout. 2nd bath upstairs also has dual vanities, tub/shower combo. W/D on 2nd floor near main bedrooms. Convenient to Shopping, Restaurants, Wegmans & Historic Downtown Wake Forest!!
| |||
| Oct 14, 2022 | Sold | ||
| Sold | |||
| Aug 31, 2022 | Listed by Pate Realty Group | $450,000 | |
| Listed by Pate Realty Group | |||
| | |||
|
5 Bedrooms w/ 1 on first floor. 3 miles from Historic Downtown Wake Forest. Open floor plan with kitchen, dining and LR with FP. Huge office space on 1st floor for "work from home" or "Zoom room" also has tons of cabinets and built in bookshelves. Large owners suite on 2nd floor w/ dual vanities, walk in closet, garden tub and oversized stand up shower. Landing area at top of steps makes great playroom, TV room or reading area. Awesome back yard space with fully landscaped yard and beautiful colors to enjoy your morning coffee or hosting friends for a cookout. 2nd bath upstairs also has dual vanities, tub/shower combo. W/D on 2nd floor near main bedrooms.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Wake
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Listed by: Mark Freeman, CalAtlantic Group, Inc.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2051859
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2051859
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