$835,000
●
Condo -
Off Market
29 Enterprise Street #302
Raleigh, NC 27607
2 Beds
2 Baths
1,250 Ft²
$4,411
Est. Monthly
$359
HOA / Fees
1.74%
Cap Rate
About This Property
Staged model at unit 104, call today to see a finished unit!
Welcome to The Sutton, the ONE AND ONLY - 2 bedrooms, 2 baths, a loft, AND YOUR OWN PRIVATE ROOFTOP. Primary on the main, and a tucked away staircase leads you to your loft, secondary bedroom, and private oasis. Indulge in modern luxury living in the vibrant heart of the Village District. 29 Enterprise offers sleek condos with a sophisticated blend of contemporary design and urban convenience. The interior boasts modern design, elegant touches, secured parking spot(s), and an expansive rooftop making this a true urban sanctuary. Residents will enjoy the convenience of being amidst a thriving community with an eclectic mix of dining, shopping, and entertainment options just around the corner. Redefined upscale urban living, offering an unparalleled blend of style, comfort, and convenience.
Welcome to The Sutton, the ONE AND ONLY - 2 bedrooms, 2 baths, a loft, AND YOUR OWN PRIVATE ROOFTOP. Primary on the main, and a tucked away staircase leads you to your loft, secondary bedroom, and private oasis. Indulge in modern luxury living in the vibrant heart of the Village District. 29 Enterprise offers sleek condos with a sophisticated blend of contemporary design and urban convenience. The interior boasts modern design, elegant touches, secured parking spot(s), and an expansive rooftop making this a true urban sanctuary. Residents will enjoy the convenience of being amidst a thriving community with an eclectic mix of dining, shopping, and entertainment options just around the corner. Redefined upscale urban living, offering an unparalleled blend of style, comfort, and convenience.
Unit Size
1,250 Ft²
Days on Market
-
Land Size
-
Price per sqft
$660
Property Type
Condo
Property Taxes
-
HOA Dues
$359
Year Built
1959
Payment Calculator
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Cap Rate Calculator
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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: 2 years ago (TMLS #10039052)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | Listed by Compass -- Raleigh | $825,000 | |
| Listed by Compass -- Raleigh | |||
| | |||
|
Staged model at unit 104, call today to see a finished unit!
Welcome to The Sutton, the ONE AND ONLY - 2 bedrooms, 2 baths, a loft, AND YOUR OWN PRIVATE ROOFTOP. Primary on the main, and a tucked away staircase leads you to your loft, secondary bedroom, and private oasis. Indulge in modern luxury living in the vibrant heart of the Village District. 29 Enterprise offers sleek condos with a sophisticated blend of contemporary design and urban convenience. The interior boasts modern design, elegant touches, secured parking spot(s), and an expansive rooftop making this a true urban sanctuary. Residents will enjoy the convenience of being amidst a thriving community with an eclectic mix of dining, shopping, and entertainment options just around the corner. Redefined upscale urban living, offering an unparalleled blend of style, comfort, and convenience.
| |||
Property Highlights
Elevator
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Assigned
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), High Ceilings, Kitchen Island
Appliances: Dishwasher, Gas Range, Range Hood, Refrigerator
Flooring Type: Hardwood, Tile
Exterior Details
Square Footage: 1250
Architectural Style: Modern
Year Built: 2024
Builder Name: Grayson Homes LLC
Building Area Total: 1250
Levels: One
Building Area Units: Square Feet
Construction Materials: Fiber Cement
Lot Size Dimensions: See plat map
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Trash
HOA Fee: $359
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/03/2025
|
1 Bed
|
1 Bath
|
843 ft²
|
$465,000
1 Bed
1 Bath
843 ft²
|
$465,000
05/30/2025
|
Donna Poupard
Radius Realty Group, LLC
| |
|
01/22/2025
|
2 Bed
|
2 Bath
|
1076 ft²
|
$598,000
2 Bed
2 Bath
1076 ft²
|
$600,000
+0.33%
02/25/2025
|
Donna Poupard
Radius Realty Group, LLC
| |
|
01/22/2025
|
2 Bed
|
2 Bath
|
1076 ft²
|
$598,000
2 Bed
2 Bath
1076 ft²
|
$565,000
-5.52%
05/30/2025
|
Donna Poupard
Radius Realty Group, LLC
| |
|
12/11/2024
|
2 Bed
|
2 Bath
|
1288 ft²
|
$759,000
2 Bed
2 Bath
1288 ft²
|
$759,000
01/14/2025
|
Gretchen Coley
Compass - Raleigh
| |
|
12/02/2024
|
2 Bed
|
2 Bath
|
1370 ft²
|
$789,000
2 Bed
2 Bath
1370 ft²
|
$789,000
12/12/2024
|
Anne Godwin
Rich Realty Group
| |
|
11/04/2024
|
2 Bed
|
2 Bath
|
1076 ft²
|
$615,000
2 Bed
2 Bath
1076 ft²
|
$635,000
+3.25%
12/12/2024
|
Gretchen Coley
Compass - Raleigh
| |
|
10/07/2024
|
2 Bed
|
2 Bath
|
1076 ft²
|
$635,000
2 Bed
2 Bath
1076 ft²
|
$635,000
01/16/2025
|
Gretchen Coley
Compass - Raleigh
| |
|
09/17/2024
|
2 Bed
|
2 Bath
|
1076 ft²
|
$618,000
2 Bed
2 Bath
1076 ft²
|
$618,000
12/06/2024
|
Marshall Rich
Rich Realty Group
| |
|
05/16/2024
|
2 Bed
|
2 Bath
|
1370 ft²
|
$735,000
2 Bed
2 Bath
1370 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
05/16/2024
|
2 Bed
|
2 Bath
|
1370 ft²
|
$735,000
2 Bed
2 Bath
1370 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
07/29/2024
|
2 Bed
|
2 Bath
|
1076 ft²
|
$645,000
2 Bed
2 Bath
1076 ft²
|
$645,000
12/11/2024
|
Gretchen Coley
Compass - Raleigh
| |
|
05/14/2024
|
3 Bed
|
3 Bath
|
1678 ft²
|
$1,042,500
3 Bed
3 Bath
1678 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
05/16/2024
|
2 Bed
|
2 Bath
|
1288 ft²
|
$749,000
2 Bed
2 Bath
1288 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
04/09/2024
|
2 Bed
|
2 Bath
|
1167 ft²
|
$706,500
2 Bed
2 Bath
1167 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
07/02/2024
|
2 Bed
|
2 Bath
|
1250 ft²
|
$825,000
2 Bed
2 Bath
1250 ft²
|
$835,000
+1.21%
12/12/2024
|
Gretchen Coley
Compass - Raleigh
| |
|
07/02/2024
|
1 Bed
|
1 Bath
|
843 ft²
|
$499,000
1 Bed
1 Bath
843 ft²
|
$499,000
01/06/2025
|
Gretchen Coley
Compass - Raleigh
| |
|
07/01/2024
|
3 Bed
|
3 Bath
|
1577 ft²
|
$977,340
3 Bed
3 Bath
1577 ft²
|
$994,340
+1.74%
12/12/2024
|
Anne Godwin
Rich Realty Group
| |
|
07/01/2024
|
2 Bed
|
2 Bath
|
1480 ft²
|
$809,425
2 Bed
2 Bath
1480 ft²
|
$817,325
+0.98%
12/12/2024
|
Marshall Rich
Rich Realty Group
| |
|
05/16/2024
|
2 Bed
|
2 Bath
|
1370 ft²
|
$744,000
2 Bed
2 Bath
1370 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
03/12/2024
|
2 Bed
|
2 Bath
|
1288 ft²
|
$702,000
2 Bed
2 Bath
1288 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
05/16/2024
|
1 Bed
|
1 Bath
|
843 ft²
|
$499,000
1 Bed
1 Bath
843 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
05/16/2024
|
2 Bed
|
2 Bath
|
1076 ft²
|
$625,000
2 Bed
2 Bath
1076 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
01/30/2024
|
2 Bed
|
2 Bath
|
1082 ft²
|
$599,000
2 Bed
2 Bath
1082 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
07/09/2023
|
1 Bed
|
1 Bath
|
843 ft²
|
$485,000
1 Bed
1 Bath
843 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
05/22/2023
|
2 Bed
|
2 Bath
|
1288 ft²
|
$699,000
2 Bed
2 Bath
1288 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
05/22/2023
|
1 Bed
|
1 Bath
|
843 ft²
|
$495,000
1 Bed
1 Bath
843 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
05/18/2023
|
2 Bed
|
2 Bath
|
1076 ft²
|
$565,000
2 Bed
2 Bath
1076 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
04/19/2023
|
2 Bed
|
2 Bath
|
1076 ft²
|
$585,000
2 Bed
2 Bath
1076 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
03/08/2023
|
3 Bed
|
3 Bath
|
1678 ft²
|
$1,058,762
3 Bed
3 Bath
1678 ft²
|
$1,069,062
+0.97%
12/16/2024
|
Anne Godwin
Rich Realty Group
| |
|
03/06/2023
|
3 Bed
|
3 Bath
|
1678 ft²
|
$950,000
3 Bed
3 Bath
1678 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
01/23/2023
|
1 Bed
|
1 Bath
|
843 ft²
|
$510,000
1 Bed
1 Bath
843 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
01/20/2023
|
2 Bed
|
2 Bath
|
1167 ft²
|
$635,000
2 Bed
2 Bath
1167 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
08/11/2022
|
2 Bed
|
2 Bath
|
1076 ft²
|
$595,000
2 Bed
2 Bath
1076 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
07/21/2022
|
2 Bed
|
2 Bath
|
1076 ft²
|
$575,000
2 Bed
2 Bath
1076 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
07/21/2022
|
1 Bed
|
1 Bath
|
915 ft²
|
$499,000
1 Bed
1 Bath
915 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
07/21/2022
|
1 Bed
|
1 Bath
|
843 ft²
|
$495,000
1 Bed
1 Bath
843 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
07/21/2022
|
2 Bed
|
3 Bath
|
1448 ft²
|
$880,000
2 Bed
3 Bath
1448 ft²
|
$880,000
12/13/2024
|
Anne Godwin
Rich Realty Group
| |
|
07/21/2022
|
2 Bed
|
2 Bath
|
1076 ft²
|
$575,000
2 Bed
2 Bath
1076 ft²
|
-
-
|
Anne Mason
Rich Realty Group
| |
|
07/21/2022
|
3 Bed
|
3 Bath
|
1647 ft²
|
$895,000
3 Bed
3 Bath
1647 ft²
|
-
-
|
Anne Mason
Rich Realty Group
|
Building Info
29 Enterprise Street
29 Enterprise Street, Raleigh, NC 27607
- 3 Units for Sale
About University
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,200 /mo
- 2 Beds
- 1 Bath
- 952 ft²
$2,295 /mo
- 3 Beds
- 2 Baths
- 1,350 ft²
Listed by: Gretchen Coley, Compass -- Raleigh
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10039052
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10039052
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.
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