325 Sutherland Drive
About This Property
Anticipated completion December 2025, this stunning Landrum III floorplan offers 5 bedrooms, including a first-floor guest suite, and 3 full baths. Designed for modern living, the home features a formal dining room, spacious game room, and screened porch for outdoor enjoyment. The gourmet kitchen boasts quartz countertops, 42-inch cabinets, and a large island-perfect for cooking and entertaining.
Additional highlights include a full oak-tread staircase and oversized glazed porcelain tiles in the bathrooms, complemented by numerous designer-selected options throughout.
Nestled among the picturesque greens of Olde Liberty Golf Club, Sutherland Station is a vibrant community offering new single-family homes and resort-style amenities. Residents enjoy access to an onsite clubhouse with a fitness center, pool, and playground-ideal for relaxation and recreation. Golf enthusiasts will appreciate nearby access to the breathtaking 18-hole Olde Liberty championship course.
Conveniently located in Franklinton, NC, with easy access to shopping, dining, and entertainment in downtown Raleigh, as well as proximity to local employment centers and recreational opportunities.
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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 |
|---|---|---|---|
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Nov 24, 2025 | In contract | - | |
| In contract | |||
| Nov 17, 2025 | Price Decreased |
$439,990
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Oct 10, 2025 | Listed by Lennar Carolinas LLC | $449,990 | |
| Listed by Lennar Carolinas LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017