$449,990
●
House -
In Contract
3109 Sandy Bluff Road
Raleigh, NC 27616
5 Beds
3 Baths
2,619 Ft²
$2,315
Est. Monthly
$105
HOA / Fees
About This Property
This new two-story home has ample space for everyone. The first
floor has an open layout among the living room, breakfast nook and
kitchen, while a formal dining room by the entrance and a back
patio offer additional hosting options. On the same level is a
versatile bedroom ideal for overnight visitors. Upstairs are a game
room and four bedrooms, including the owner's suite with a
spa-style bathroom. Prices, dimensions and features may vary
and are subject to change. Photos are for illustrative purposes
only.
Unit Size
2,619 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$172
Property Type
House
Property Taxes
-
HOA Dues
$105
Year Built
-
Listed By
Kristen Clark
Lennar Carolinas LLC
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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: 11 days ago (TMLS #10165140)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2026 | In contract | - | |
| In contract | |||
| Oct 14, 2026 | Price Decreased |
$449,990
↓ $20K
(4.3%) | |
| Price Decreased | |||
| Sep 17, 2026 | Price Decreased |
$469,990
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Sep 5, 2026 | Price Decreased |
$474,990
↓ $5K
(1%) | |
| Price Decreased | |||
| Jul 29, 2026 | Price Decreased |
$479,990
↓ $12K
(2.4%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 3
Flooring Type: Carpet, Luxury Vinyl, Tile
Rooms: 8
Exterior Details
Square Footage: 2619
Architectural Style: Traditional
Year Built: 2026
Building Name: Landrum
Builder Name: Lennar
Builder Model: Landrum
Building Area Total: 2619
Levels: Two
Construction Materials: Batts Insulation, Blown-In Insulation, Frame, Stone, Vinyl Siding, Low VOC Paint/Sealant/Varnish
Lot Size Area: 0.14
Lot Size Units: Acres
Lot Size Acres: 0.14
Lot Size Square Feet: 6098.4
Water Source: Public
Utilities Details
Cooling Type: Central Air, Heat Pump, Zoned
Heating Type: Central, Natural Gas, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Internet
HOA Fee: $105
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
About Wake
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Listed by: Kristen Clark, Lennar Carolinas LLC
Last Updated: 11 days ago
Data Source: TMLS, MLS# 10165140
Last Updated: 11 days ago
Data Source: TMLS, MLS# 10165140
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