3218 Trassacks Drive
About This Property
Step inside to find a bright, open layout featuring brand-new LVP flooring, fresh interior paint, and an abundance of natural light. The inviting living room centers around a cozy fireplace and flows into the dining area and updated kitchen. You will love the new stainless-steel appliances, new countertops, and warm, classic cabinetry.
Upstairs, you'll find three generously sized bedrooms, including a serene primary suite complete with vaulted ceilings, a large arched window overlooking the wooded yard, plush new carpeting, and an en-suite bath with dual vanities. Additional features include a convenient upstairs laundry room and ample storage throughout.
Outside, enjoy year-round outdoor living on the screened-in porch overlooking a private, tree-lined backyard-your own quiet retreat. The home also boasts a brand-new roof for added peace of mind.
Updates Include:
• New Roof
• New Stainless Appliances
• New Countertops
• New LVP Flooring
• New Interior Paint
• New Carpet
Location Highlights:
Nestled in a desirable Raleigh community, this home offers quick access to:
• Neuse River Greenway Trail - perfect for walking, running, biking, and nature lovers
• Raleigh's top shopping & dining at Triangle Town Center and surrounding retail
• Buffaloe Road Athletic Park & Aquatic Center - sports fields, playgrounds, and indoor pool
• Easy commutes via I-540 and major local roadways
• Nearby grocery stores, coffee shops, fitness centers, and entertainment
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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 6, 2026 | Sold | ||
| Sold | |||
| Feb 25, 2026 | In contract | - | |
| In contract | |||
| Feb 17, 2026 | Price Decreased |
$329,000
↓ $11K
(3.1%) | |
| Price Decreased | |||
| Feb 6, 2026 | Price Decreased |
$339,500
↓ $2K
(0.6%) | |
| Price Decreased | |||
| Jan 3, 2026 | Price Decreased |
$341,500
↓ $8K
(2.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017