$539,000
●
House -
Off Market
349 Shadow Falls Drive
Wendell, NC 27591
5 Beds
4 Baths,
1
Half Bath
3,153 Ft²
$3,347
Est. Monthly
$95
HOA / Fees
3.83%
Cap Rate
About This Property
Welcome to 349 Shadow Falls Drive - one of the larger homes in the
sought-after Wendell Falls neighborhood! Built in 2023, this
nearly-new farmhouse offers FIVE bedrooms and 4.5 baths across
3,153 square feet designed for comfort, style, and functionality.
Enjoy a ''new'' home without the construction traffic and the
question marks that go along with ''what will be built around me?'' Lots of space, with a very desirable price tag!
The thoughtful first-floor layout includes a luxurious owner's suite and a private guest suite, ideal for visiting friends or extended family. That's right... your primary bedroom and an additional bedroom with its own bathroom, both downstairs - and no carpet throughout the first floor! The heart of the home is the open-concept great room, which flows effortlessly into a breathtaking kitchen complete with a walk-in pantry. The amount of natural light in this home is fantastic... additional spacing between homes here really helps, and backing up to trees creates a sense of privacy when entertaining in your kitchen or on your screened porch!
The kitchen is SO bright, and you will love the finishes, the farmhouse sink, and the appliances (that are staying with the home!) A wider four-foot-wide staircase (you never knew you needed this) reveals three more bedrooms upstairs, along with a generous bonus room-perfect for a home theater, game room, or multipurpose work/learn from home area. Additional storage abounds with an under-stair closet, and a very large walk-in storage area.
Outdoor living is seamless thanks to a fenced yard and screened-in porch, ideal for relaxing or entertaining. And a nice quiet, wooded backdrop is something you don't find in the neighborhood often!
Neighborhood residents benefit from all the exclusive Wendell Falls lifestyle amenities, including parks, pools (yes, more than one), tons of trails, a dog park, and fitness center. Also enjoy the Farmhouse Cafe, and nearby Treelight Square's restaurants and merchants, for your dining and shopping convenience - #resortlife
The thoughtful first-floor layout includes a luxurious owner's suite and a private guest suite, ideal for visiting friends or extended family. That's right... your primary bedroom and an additional bedroom with its own bathroom, both downstairs - and no carpet throughout the first floor! The heart of the home is the open-concept great room, which flows effortlessly into a breathtaking kitchen complete with a walk-in pantry. The amount of natural light in this home is fantastic... additional spacing between homes here really helps, and backing up to trees creates a sense of privacy when entertaining in your kitchen or on your screened porch!
The kitchen is SO bright, and you will love the finishes, the farmhouse sink, and the appliances (that are staying with the home!) A wider four-foot-wide staircase (you never knew you needed this) reveals three more bedrooms upstairs, along with a generous bonus room-perfect for a home theater, game room, or multipurpose work/learn from home area. Additional storage abounds with an under-stair closet, and a very large walk-in storage area.
Outdoor living is seamless thanks to a fenced yard and screened-in porch, ideal for relaxing or entertaining. And a nice quiet, wooded backdrop is something you don't find in the neighborhood often!
Neighborhood residents benefit from all the exclusive Wendell Falls lifestyle amenities, including parks, pools (yes, more than one), tons of trails, a dog park, and fitness center. Also enjoy the Farmhouse Cafe, and nearby Treelight Square's restaurants and merchants, for your dining and shopping convenience - #resortlife
Unit Size
3,153 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$174
Property Type
House
Property Taxes
$551
HOA Dues
$95
Year Built
-
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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: 12 months ago (TMLS #10116215)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 3, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Sep 28, 2025 | Price Decreased |
$549,900
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Sep 12, 2025 | Price Decreased |
$565,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Aug 15, 2025 | Listed by Keller Williams Elite Realty | $574,900 | |
| Listed by Keller Williams Elite Realty | |||
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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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Type
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ft²
Price/ft²
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Listed On
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Sold On
HOA + Taxes
About Wendell
Similar Homes for Sale
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Listed by: Valerie DeLoach, Keller Williams Elite Realty
Last Updated: 12 months ago
Data Source: TMLS, MLS# 10116215
Last Updated: 12 months ago
Data Source: TMLS, MLS# 10116215
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