265 Sugar Pine Drive
About This Property
The main floor includes a guest suite, a formal dining room, and an open-concept kitchen, breakfast area, and family room - ideal for everyday living and entertaining. Enjoy your large covered porch that backs to a peaceful tree line, offering both privacy and a serene view.
Upstairs, discover four spacious bedrooms and three full bathrooms, including a luxurious owner's suite with a beautifully tiled shower. A loft area provides additional flexible space for work, play, or relaxation.
All of this in a pool community with easy access to US-1 and Wake Forest.
HOME COMPLETED.
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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 |
|---|---|---|---|
| Apr 22, 2026 | Sold | ||
| Sold | |||
| Feb 24, 2026 | In contract | - | |
| In contract | |||
| Jan 28, 2026 | Price Decreased |
$435,990
↓ $36K
(7.6%) | |
| Price Decreased | |||
| Nov 13, 2025 | Price Increased |
$472,053
↑ $11K
(2.4%) | |
| Price Increased | |||
| Sep 8, 2025 | Listed by DRB Group North Carolina LLC | $460,903 | |
| Listed by DRB Group North Carolina LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017