316 Continental Drive
About This Property
This is a great home in the sought-after Willowhaven Neighborhood at Umstead Pines Golf Course. This well maintained brick ranch sits on nearly half an acre, offering the perfect blend of classic Southern charm and outdoor living.
The Best of Both Worlds - Greens to Trails
Whether you're a golfer or a hiker, this location is unbeatable:
The Greens: Enjoy sweeping views of the 1st Green right from your backyard.
The Trails: Nature is your neighbor with the Eno River just minutes away. Access to the trail system is about 5-minutes from your front door.
A ''Traditional with a Twist'' Layout -
this home offers a thoughtful floor plan designed for both formal entertaining and casual daily life:
The Formal Front: A classic Living Room and Dining Room greet you, providing extra spaces for hosting guests.
The Open Rear: The back of the home is the true heart of the house. The Kitchen, Breakfast Area, and Family Room are completely open to one another, creating a massive, sun-drenched feel that overlooks the gracious backyard and golf course.
Exceptional Outdoor & Tech Features
This home was built for peace of mind and effortless maintenance:
Trex Decking: Both the front and rear decks are constructed with high-end Trex material-meaning more time relaxing and zero time staining wood.
Enjoy the reliability of City Water and Sewer, while keeping your utility bills low with a functional well connected to two exterior spigots-perfect for gardening or washing the car.
Total Reliability: Never worry about North Carolina storms again with a whole-house generator ready to go.
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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 15, 2026 | Sold | ||
| Sold | |||
| Mar 9, 2026 | In contract | - | |
| In contract | |||
| Feb 27, 2026 | Price Decreased |
$499,900
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Feb 5, 2026 | Listed by Coldwell Banker Advantage | $515,000 | |
| Listed by Coldwell Banker Advantage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017