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Wake Forest 27587 Margots Pond
2829 Carriage Meadows Drive
$343,000
● House - Off Market

2829 Carriage Meadows Drive

Wake Forest, NC 27587
bedrooms
6 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,200 Ft²
$623,120
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Kit w/Hwds,, Solid Surface Ctops, Decorative TleBcksplsh, CntrIslnd, Cherry StaindCabs & SS Appls Incldng DbleOven, GasCooktp, BltnMW & DW! DinRm w/TreyCeilg, Hwds, Wainsctn, CrwnMldg & Decorative Columns! Formal LivRm w/Hwds & BayWndw! FamRm w/Hwds, GasLgFP, CstmMntle & CFan! MstrBR w/CFan! MstrBA w/TileFlrs, Dual Vanity w/Makeup Counter, BrshdNckl Hrdware, CornerGardenTub & Sep Shwr w/TileSrrnd! BonusRm! 6thBdrm/FlexRm on 3rdFlr! Plantation Shutters! Private BckYard w/Wood Fencing! Deck & Stamped Patio!
Unit Size
4,200 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$83
Property Type
House
Property Taxes
-
HOA Dues
$27
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 2 years ago (TMLS #1991830)

Price History

Date / Event Date Event Price
Aug 9, 2021 Sold
Premium
Sold
Nov 2, 2017 Sold
Premium
Sold
Jul 30, 2017 Listed by Coldwell Banker HPW $349,900
Listed by Coldwell Banker HPW
Jun 10, 2015 Sold
Premium
Sold
Feb 23, 2015 Listed by Coldwell Banker HPW $350,000
Listed by Coldwell Banker HPW
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 84
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 4,214
  • Building Area: 4,214
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,214
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARGOTS POND SUB
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO76 MARGOTS POND SUB PH2 BM2004-01106

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054220

Zoning

  • Zoning: GR3

Geography

  • Account Number: 0324648
  • District: 19
  • Subdivision Phase Number: 2
  • Parcel: 1739.02-95-6750 0324648
  • Lot: 76
  • Municipality: WAKE FOREST
  • Latitude: 35.9354
  • Longitude: -78.5284

    Address

  • Full Address: 2829 Carriage Meadows Dr
  • Address - House Number: 2829
  • Address - Street Name: Carriage Meadows
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R010
  • 4-Digit Zip Code: 7048
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $470,441

    Appraisal Valuation

  • Standard Deviation: 0.1339
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 84
  • Final Value: 668,677
  • High Value: 758,218
  • Low Value: 579,136

    Market Valuation

  • Market Total Value: $420,315
  • Market Land Value: $55,000
  • Market Improvement Value: $365,315

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $420,315
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $365,315

    Sales

  • Current Sale Contract Date: Aug 03, 2021
  • Current Sale Recording Date: Aug 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Nov 02, 2017
  • Previous Sale Contract Date: Oct 30, 2017
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Margots Pond

Stats & Trends

Median Asking:

$561,500

Sale Price/ft²

$172

Below Asking

0.03%

Average Days on Market

84

Average Home Size

2447 ft²

Average Home Age

22 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1418 Grove Village Road, Wake Forest, NC, 27587

$2,800 /mo

  • 4 Beds
  • 3 Baths
  • 2,443 ft²
1418 Grove Village Road, Wake Forest, NC, 27587 Listing by Amir Akeem Hunter
Unit for rent at 2813 Carriage Meadows Drive, Wake Forest, NC, 27587

$3,000 /mo

  • 5 Beds
  • 4 Baths
  • 4,242 ft²
2813 Carriage Meadows Drive, Wake Forest, NC, 27587 Listing by Samantha Hall
Unit for rent at 556 Hatters Mill Road, Wake Forest, NC, 27587

$3,195 /mo

  • 3 Beds
  • 2 Baths
556 Hatters Mill Road #JAMESON, Wake Forest, NC, 27587 Listing by Ross Rebhan

Rentals Near You

Click here to view more rentals in the neighborhood.
TMLS

Listed by: Jim Allen, Coldwell Banker HPW
Last Updated: 2 years ago
Data Source: TMLS, MLS# 1991830
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Frequently Asked Questions

When was property at 2829 Carriage Meadows Drive built and last sold?
The property at 2829 Carriage Meadows Drive was built in 2005 and last sold on Aug 3, 2021 for $500,000.
How much is this home worth?
The estimated value of the home located at 2829 Carriage Meadows Drive is $0.
What are some comparable homes to 2829 Carriage Meadows Drive?
There are currently no comparable homes to 2829 Carriage Meadows Drive.
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