1804 Carpenter Pond Road
About This Property
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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%.
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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 |
|---|---|---|---|
| Oct 1, 2026 | Price Decreased |
$640,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Sep 17, 2026 | Price Decreased |
$650,000
↓ $39K
(5.7%) | |
| Price Decreased | |||
| Aug 31, 2026 | Listed by Keller Williams Elite Realty | $689,000 | |
| Listed by Keller Williams Elite Realty | |||
| Aug 29, 2025 | Listed | $640,000 | |
| Listed | |||
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NW Raleigh home with NO HOA! Completely new construction home build on an existing foundation and floor system. This homes sits on 0.6 acres and has a nice size front porch that's perfect for rocking and enjoying the beautiful front yard. You will find a kitchen which a large island that is open to the family room which makes entertaining easy! Cooks will enjoy all the fabulous upgrades! Quartz counter top, new appliance and plenty of storage. The laundry room is huge and offers additional storage. Hardwood floor through all the first floor you will also find the owner's suite on the first floor, master bathroom with a walk-in tiled shower with a glass enclosure. Very convenient 1/2 bath for any visits. Going to the second floor beautiful wood stairs with nice rail. You will also find 2 other nice size secondary bedrooms on this second floor as well as an extra room for office/flex space and a hall bathroom with a tiled shower. This home offers wonderful entertaining space in the back porch area which features a nice size outdoor area for dinning and grilling. Another cool feature about this home is that it offers a brand new oversize detached garage with a second floor for gym/flex space. New septic and Well have been placed on this house (2025). This home is convenient to RDU airport, RTP, minutes to shops, restaurants and Falls Lake area. You will enjoy living in the city with plenty of the privacy on this home!
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| Oct 7, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017