2101 Prescott Place
About This Property
Hardwoods run throughout the first and second floors, adding warmth and continuity across the home's spacious layout. Enjoy rare flexibility with two bonus spaces, two separate staircases, and two dedicated home office options, including a beautiful first-floor office and an additional third-floor office or flex space.
The first-floor guest suite offers comfort and privacy for visitors, while the oversized primary retreat features elegant picture frame molding and dual walk-in closets. Generously sized secondary bedrooms provide room for everyone to spread out comfortably.
Outdoors, a private turf lot and screened porch create an easy, low-maintenance setting for relaxing, entertaining, or play. A two-car garage plus oversized parking pad adds convenience and extra space for guests.
A rare opportunity in one of Raleigh's most established and sought-after neighborhoods.
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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%.
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 18, 2026 | Sold | ||
| Sold | |||
| May 15, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Listed by Compass -- Raleigh | $1,895,000 | |
| Listed by Compass -- Raleigh | |||
| Oct 26, 2020 | Sold | ||
| Sold | |||
| Jun 19, 2020 | Listed by Compass -- Raleigh | $789,900 | |
| Listed by Compass -- Raleigh | |||
Property Highlights
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About North Raleigh
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017