$495,000
●
House -
Off Market
348 Riverwood Drive
Clayton, NC 27527
3 Beds
2 Baths,
1
Half Bath
2,424 Ft²
$2,657
Est. Monthly
$14
HOA / Fees
About This Property
UNDER $500K & ON THE GOLF COURSE!!!! Set on over an acre in the
sought-after Riverwood Golf community, this beautiful home offers
stunning views of the Deer Run course, overlooking the 1st hole
green and tranquil pond--perfect for enjoying endless, breathtaking
sunset evenings.
Inside, you'll find 3 spacious bedrooms and 2.5 baths, including a convenient first-floor primary suite for comfortable living. Real hardwood floors flow throughout the main living areas, complemented by a bright and airy sunroom that fills the home with natural light.
The completely renovated kitchen is a standout feature, showcasing modern finishes and a charming farmhouse porcelain sink--ideal for both everyday living and entertaining. Upstairs, a versatile loft and a LARGE bonus room provide endless possibilities for a home office, media room, or guest space.
Freshly updated with ALL new carpet and paint throughout, this home is truly move-in ready. The easy-to-maintain exterior allows you to spend more time enjoying the peaceful golf course setting and less time on upkeep.
A rare opportunity to own a scenic, spacious property in a prime golf course location--this one has it all.
Inside, you'll find 3 spacious bedrooms and 2.5 baths, including a convenient first-floor primary suite for comfortable living. Real hardwood floors flow throughout the main living areas, complemented by a bright and airy sunroom that fills the home with natural light.
The completely renovated kitchen is a standout feature, showcasing modern finishes and a charming farmhouse porcelain sink--ideal for both everyday living and entertaining. Upstairs, a versatile loft and a LARGE bonus room provide endless possibilities for a home office, media room, or guest space.
Freshly updated with ALL new carpet and paint throughout, this home is truly move-in ready. The easy-to-maintain exterior allows you to spend more time enjoying the peaceful golf course setting and less time on upkeep.
A rare opportunity to own a scenic, spacious property in a prime golf course location--this one has it all.
Unit Size
2,424 Ft²
Days on Market
-
Land Size
1.07 acres
Price per sqft
$204
Property Type
House
Property Taxes
$212
HOA Dues
$14
Year Built
1997
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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: 4 months ago (TMLS #10157289)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2026 | Sold | ||
| Sold | |||
| Jun 1, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Price Decreased |
$495,000
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Apr 27, 2026 | Price Decreased |
$515,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Apr 2, 2026 | Listed by HomeTowne Realty | $525,000 | |
| Listed by HomeTowne Realty | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Riverwood
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Listed by: Jaclyn Smith, HomeTowne Realty
Last Updated: 4 months ago
Data Source: TMLS, MLS# 10157289
Last Updated: 4 months ago
Data Source: TMLS, MLS# 10157289
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