$565,000
●
House -
Off Market
3348 Table Mountain Pine Drive
Raleigh, NC 27616
4 Beds
3 Baths
3,262 Ft²
$3,639
Est. Monthly
$399
HOA / Fees
2.96%
Cap Rate
About This Property
Step into the grand 2-story foyer and you will immediately
appreciate the spaciousness, light, & like-new surroundings.
Just inside the front door you'll find a real dining room to
the right and living room/office/flex space to the left. Walk
in a little farther and you're welcomed into a fantastic
open-concept family room & kitchen combo. The large kitchen
is a Chef's dream with 48' white cabinets, huge island with quartz
countertops, chic backsplash, and stainless steel appliances
including a built-in wall oven & gas range. The first floor
also conveniently features a bedroom and full bath. A
generously sized Primary bedroom and 2 other bedrooms are on the
2nd floor, along with a great bonus room. Relax on the
screened porch and enjoy the tranquility of your private backyard,
backing to natural area. Enjoy the convenient location and
community pool & playground!
Unit Size
3,262 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$176
Property Type
House
Property Taxes
$416
HOA Dues
$399
Year Built
2019
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (TMLS #10087001)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jul 4, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Price Decreased |
$575,000
↓ $25K
(4.2%) | |
| Price Decreased | |||
| May 2, 2025 | Price Decreased |
$600,000
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Apr 4, 2025 | Listed by Berkshire Hathaway HomeService | $615,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Raleigh
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Listed by: Missy Farrell, Berkshire Hathaway HomeService
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10087001
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10087001
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