$425,000
●
House -
Off Market
2732 Princess Tree Drive
Raleigh, NC 27616
3 Beds
2 Baths,
1
Half Bath
1,916 Ft²
$2,607
Est. Monthly
$210
HOA / Fees
About This Property
Why wait for new construction? Built in 2024, this NEW 3BR/2.5BA
home in Tucker Place offers 1,916 sq ft of move-in ready living
with modern finishes and thoughtful upgrades throughout. The
open-concept floor plan features luxury vinyl plank flooring, 9' ceilings, abundant natural light, and a spacious kitchen with white
shaker cabinetry, silestone countertops, stainless steel
appliances, designer tile backsplash, and a large center island.
The primary suite includes a walk-in shower and silestone topped
vanity, while two additional bedrooms provide flexibility for
guests, office space, or hobbies. Enjoy outdoor living on the
screened porch overlooking the fenced backyard. Additional features
include a 2-car garage, Ecobee smart thermostat, Wi-Fi-enabled
garage door opener, architectural shingle roof, and
energy-efficient construction. Community amenities include a pool,
playground, and walking trails. Convenient Raleigh location with
easy access to shopping, dining, and commuter routes. Better than
new and available now-without the wait for construction.
Unit Size
1,916 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$222
Property Type
House
Property Taxes
$310
HOA Dues
$210
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (TMLS #10175005)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 27, 2026 | Sold | ||
| Sold | |||
| Jun 26, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Listed by EXP Realty LLC | $425,000 | |
| Listed by EXP Realty LLC | |||
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About Raleigh
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Listed by: Marti Hampton, EXP Realty LLC
Last Updated: 4 months ago
Data Source: TMLS, MLS# 10175005
Last Updated: 4 months ago
Data Source: TMLS, MLS# 10175005
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