3500 Queen Ann Drive
About This Property
Picture yourself soaking up the waterfront views from one of your two porches, complete with a sparkling custom pool, hot tub, and a private dock designed for seamless outdoor entertaining. Beyond your property lines, five miles of walking trails invite you to explore the community's natural beauty right from your doorstep. Outfitted with a workshop and three garages, you'll have plenty of space for all your toys.
This is more than a home; it's a rare opportunity to own a one of a kind estate with mature acreage only 25 minutes from downtown Raleigh and a stone's throw away from the new Waterfront District in Flowers Plantation. Don't miss out - this is luxury living redefined!
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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 |
|---|---|---|---|
| May 23, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | Listed by EXP Realty LLC | $1,200,000 | |
| Listed by EXP Realty LLC | |||
| | |||
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Welcome to the epitome of luxury living at this unique waterfront estate in the sought-after Neuse Colony gated community. This newly renovated home sits on 1.25 acres and spans three floors boasting 4 bedrooms, an additional 4 flex rooms, 5 full bathrooms with one half bath; offering an unparalleled blend of modern comforts and natural beauty. Inside, the soaring two-story ceilings and windows bring a flood of natural light into the updated kitchen and open living space and includes a main floor primary suite with its own laundry room for convenience.
Picture yourself soaking up the waterfront views from one of your two porches, complete with a sparkling custom pool, hot tub, and a private dock designed for seamless outdoor entertaining. Beyond your property lines, five miles of walking trails invite you to explore the community's natural beauty right from your doorstep. Outfitted with a workshop and three garages, you'll have plenty of space for all your toys.
This is more than a home; it's a rare opportunity to own a one of a kind estate with mature acreage only 25 minutes from downtown Raleigh and a stone's throw away from the new Waterfront District in Flowers Plantation. Don't miss out - this is luxury living redefined!
| |||
| Aug 2, 2023 | Sold | ||
| Sold | |||
| Apr 25, 2023 | Listed by EXP Realty LLC | $1,100,000 | |
| Listed by EXP Realty LLC | |||
| Apr 27, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017