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3424 Edgemont Drive
About This Property
Designed to impress from the moment you enter, the open-concept layout is filled with natural light and elevated finishes throughout. The main level features a luxurious first-floor owner's suite with a spa-inspired bath, a private guest suite, and a dedicated study with soaring ceilings--ideal for work or quiet retreat. Entertain with ease in the chef's kitchen, complete with a premium JennAir appliance package including a gas range, built-in microwave/oven combo, panel-ready French door refrigerator, and dishwasher, all complemented by custom cabinetry and a stunning mix of quartz, granite, and marble surfaces.
Upstairs offers exceptional flexibility with three spacious bedrooms, each with its own en suite bath and walk-in closet, along with a large game room and dedicated exercise space--perfect for today's lifestyle.
Step outside and experience true indoor-outdoor living with a screened porch featuring a fireplace and an outdoor kitchen with natural gas grill--overlooking a beautifully landscaped backyard with room for a future pool and peaceful wooded views.
Ideally positioned just outside the Beltline, this home offers quick access to Rex Hospital, greenway trails, Crabtree, premier shopping and dining, and RDU--delivering luxury, location, and lifestyle in one exceptional property.
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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 |
|---|---|---|---|
| Jul 9, 2026 | Sold | ||
| Sold | |||
| Jun 4, 2026 | In contract | - | |
| In contract | |||
| Apr 30, 2026 | Listed by Raleigh Custom Realty, LLC | $2,575,000 | |
| Listed by Raleigh Custom Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017