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3301 Founding Place
About This Property
The main floor features a stunning primary suite with an oversized walk in closet and a convenient laundry area tucked inside. The spa inspired primary bath includes a stand alone soaking tub, custom tile work, and designer finishes. The heart of the home is anchored by a beautifully appointed kitchen and dining room, flowing seamlessly into open living spaces ideal for entertaining.
Upstairs, you'll find three additional bedrooms, each with its own bath access, a spacious rec room, a second laundry room, and generous walk in storage. Large, oversized windows fill the home with natural light, while a fireplace on the rear porch creates an inviting outdoor retreat.
Attention to detail is evident throughout, from the custom millwork and high end fixtures to the professionally landscaped yard with irrigation and exterior lighting.
Ready for move in at the end of February 2026, the Eliza offers a rare opportunity to own a truly one of a kind home in one of Raleigh's most desirable neighborhoods.
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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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| Sep 27, 2025 | In contract | - | |
| In contract | |||
| Aug 19, 2025 | Listed by Homes by Dickerson Real Estate | $1,750,000 | |
| Listed by Homes by Dickerson Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017