$645,000
●
House -
Off Market
1706 Patterson Grove Road
Apex, NC 27502
4 Beds
2 Baths,
1
Half Bath
2,981 Ft²
$3,767
Est. Monthly
$39
HOA / Fees
About This Property
Incredible Opportunity to own a 4 Bed+Bonus Pearson Farms home on a
STUNNING .31 Acre Lot in Highly Convenient Location. HUGE Sunroom
overlooks one of the best lots I've seen in Apex. Ideal Floorplan
w/4 Beds (one could be Bonus) & a Finished 3rd Floor. Primary
Bedroom with Two Walk-In Closets. Countless Features including 2020
HVACs, Real Hardwoods, Granite, Tile Backsplash, Stainless
Appliances, 2020 Garage Door, Tankless Water Heater, and more.
Oversized Garage with lots of Storage. Large Deck overlooks
Private, Fenced, Landscaped Backyard. Community Pool,
Tennis/Picklebal/Basketball Courts. Near Greenway Walking Trails.
Not far from 540 means you can get anywhere in the Triangle fast!
Truly a MUST SEE!
Unit Size
2,981 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$226
Property Type
House
Property Taxes
$413
HOA Dues
$39
Year Built
2000
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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: 10 months ago (TMLS #10127043)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 7, 2026 | Sold | ||
| Sold | |||
| Dec 6, 2025 | In contract | - | |
| In contract | |||
| Nov 8, 2025 | Relisted | $674,900 | |
| Relisted | |||
| Oct 13, 2025 | In contract | - | |
| In contract | |||
| Oct 10, 2025 | Listed by Keller Williams Realty Cary | $674,900 | |
| Listed by Keller Williams Realty Cary | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Pearson Farms
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Matthew Peedin, Keller Williams Realty Cary
Last Updated: 10 months ago
Data Source: TMLS, MLS# 10127043
Last Updated: 10 months ago
Data Source: TMLS, MLS# 10127043
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