313 Belve Drive
About This Property
Opportunities for homes with this much yard space in a convenient Johnston County location are becoming increasingly rare.
Situated on a large 0.64-acre lot, this property offers the yard space buyers are looking for. The fully fenced backyard is perfect for pets, play, or entertaining and includes a large wired storage shed/workshop for tools, hobbies, or extra storage. Enjoy outdoor living with a covered back porch and an expansive patio area, ideal for grilling, gatherings, or relaxing evenings outside.
Inside, the home features real hardwood floors on the main level, adding warmth and timeless character to the living spaces. Upstairs you'll find a spacious bonus room that offers incredible flexibility.
The primary suite features a private front balcony, creating the perfect spot to enjoy morning coffee or unwind in the evening.
Cleveland Oaks is known for its larger homesites and desirable location, offering a quiet neighborhood feel while still being close to everyday conveniences. Grocery stores, dining, and shopping are just minutes away, and commuters will appreciate easy access to NC-42, I-40, and US-70, putting Raleigh and RDU Airport within approximately 30-40 minutes.
This location offers the perfect balance of peaceful living and everyday convenience--giving you room to spread out while still being within easy reach of the Triangle.
If you've been searching for space, charm, and a great location, this home is one you won't want to miss.
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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 | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
| Mar 10, 2026 | Listed by Costello Real Estate & Investm | $480,000 | |
| Listed by Costello Real Estate & Investm | |||
| Jun 9, 2021 | Sold | ||
| Sold | |||
| Apr 20, 2021 | Listed by Costello Real Estate & Investm | $345,000 | |
| Listed by Costello Real Estate & Investm | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017