2609 Brookstone Ridge Loop
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%.
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 |
|---|---|---|---|
| Apr 24, 2025 | Sold | ||
| Sold | |||
| Apr 5, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Listed by Coldwell Banker HPW | $999,900 | |
| Listed by Coldwell Banker HPW | |||
| | |||
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Nestled in a prime yet peaceful Raleigh location near Lake Lynn, this stunning 6-bedroom, 5-bath luxury home offers a perfect blend of elegance, comfort, and convenience. With over $100k in upgrades, every detail has been meticulously designed and impeccably maintained to elevate modern living. The open floor plan boasts high ceilings, abundant natural light, rich hardwood floors, and expertly crafted trimwork.
The gourmet kitchen is a chef's dream, featuring quartz countertops, upgraded stainless steel appliances, under counter lighting, and an expansive center island ideal for prep work and entertaining. The elegant dining room impresses with coffered ceilings and wainscoting, while the spacious family room is the heart of the home, complete with a cozy fireplace and custom built-ins. A main-level bedroom and full bath offer flexibility for guests or multigenerational living.
Upstairs, the luxurious primary suite showcases a tray ceiling, elegant molding, and a spa-like ensuite with double vanities, a soaking tub, a glass walk-in shower, and an oversized walk-in closet with custom shelving. An additional extra-large bedroom features a private ensuite, while two more bedrooms share a Jack-and-Jill bath.
The fully finished third floor offers incredible versatility with a spacious bonus room, an additional bedroom, a full bath, and generous walk-in storage.
Outside, enjoy year-round relaxation in the enclosed/screened porch, overlooking a beautifully landscaped, private, fenced backyard with a large patio—perfect for outdoor gatherings. A custom-built shed provides extra storage, while the thoughtfully designed backyard berm enhances both privacy and serenity.
Enjoy easy access to premier shopping, dining, entertainment, recreation, and major Triangle thoroughfares, this remarkable home is a rare opportunity to enjoy luxury, convenience, and tranquility in one of Raleigh's most sought-after locations!
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| Jul 7, 2017 | Sold | ||
| Sold | |||
| Mar 8, 2017 | Listed by Mattamy Homes LLC | $584,700 | |
| Listed by Mattamy Homes LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017