1808 Pattersons Mill Road
About This Property
The remodeled kitchen is a chef's delight, equipped with custom built-in storage systems, drawer organizers, a mixer lift cabinet, and a gas range with pot filler. The expansive island provides ample workspace and seating for several stools, while the adjacent breakfast area is filled with natural light from plantation shutters, a large picture window, and a cozy bay window.
Perfect for entertaining, the home features a large formal dining area, soaring ceilings in the living room, hardwood floors throughout the main level, plantation shutters, and a custom fireplace. The ornate wrought iron staircase adds visual appeal, and the main-floor laundry room is equipped with a utility sink and built-in cabinetry.
Enjoy the outdoors year-round on the shaded interior screened porch overlooking the landscaped backyard. The side-entry 3-car garage with designer garage doors offers both style and function, while enhancing the home's curb appeal.
Upstairs, you'll find a large bonus room, three secondary bedrooms, and two full bathrooms, offering plenty of space for guests, hobbies, or a second office.
Residents of Brightleaf at the Park enjoy a vibrant community with access to a clubhouse, swimming pool, fitness center, tennis courts, and walking trails. All of this just minutes from Brier Creek, RTP, Umstead State Park, RDU Airport, and major highways-this is luxury living in one of the Triangle's most convenient and desirable locations.
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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 |
|---|---|---|---|
| Oct 1, 2025 | Sold | ||
| Sold | |||
| Sep 8, 2025 | In contract | - | |
| In contract | |||
| Aug 26, 2025 | Listed by Coldwell Banker HPW | $724,900 | |
| Listed by Coldwell Banker HPW | |||
| Jun 25, 2025 | Price Decreased |
$698,900
↓ $21K
(2.9%) | |
| Price Decreased | |||
| Jun 5, 2025 | Relisted | $719,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017