3418 Longleaf Estates Drive
About This Property
Want a house with a finished walk out basement including a walk in huge storage area, in North Raleigh, at an affordable price? look no further.
Come see this move in, turn key ready,6 bed/5 full bath, bright beautiful, almost new home. 3 floors of stylish living space, with accent walls and modern lighting.
As you enter through the front porch door you are welcomed by a two story foyer. A big dinning room on the right side and a study on the left with glass doors. You go forward to enter a big kitchen on the right and a light filled living room with gas fireplace on the left.
Gourmet chef's kitchen has a huge granite central Isle, gas cook top, SS appliances, a separate walk in pantry and plenty of counter top space and cabinets for all your meal prep and entertainment needs. Past kitchen is your breakfast nook, a big screened in porch with lights, fan and tv for outdoor fun and a big deck for all grilling needs. A guest bedroom and full bath on the side completes the main floor.
Upstairs you find a huge primary suite with separate hot tub and shower, double sinks and cabinets, an enclosed toilet area with upgrades bidet seat and a massive walk in closet with newly custom built wooden shelves and drawers. There are 3 more bedrooms, 2 full baths, a laundry and a big rec/play room upstairs. Two of those bedrooms have an adjoining balcony! This floor alone meets all you needs to have a family fun time.
But wait that's not all ... A FINISHED WALK OUT BASEMENT awaits downstairs. It offers a huge bonus room with ceiling mounted projector system, Wall screen and sound bar for that movie night. A guest/nanny bedroom, and full bath on one side, and a dinning area that opens onto outside patio.
Need more storage space? There's a walk in unfinished 564 sq ft, storage area in the basement! Its ready for your exercise equipment area with already installed rubber flooring and 2 wall mounted TVs on one side and wooden built in shelves for storage on the other side.
Longleaf Estates is centrally located Raleigh neighborhood with great amenities like pool, club house, playgrounds, fountain, wide roads with sidewalks. Great suburban community.
The house has it all. Do not miss seeing it.
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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 |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Nov 11, 2025 | In contract | - | |
| In contract | |||
| Sep 8, 2025 | Price Decreased |
$710,000
↓ $45K
(6%) | |
| Price Decreased | |||
| Aug 13, 2025 | Listed by Coldwell Banker Advantage | $755,000 | |
| Listed by Coldwell Banker Advantage | |||
| Aug 1, 2025 | Price Decreased |
$755,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017