$620,000
●
House -
Off Market
3508 Longleaf Estates Drive
Raleigh, NC 27616
4 Beds
3 Baths,
1
Half Bath
3,553 Ft²
$3,890
Est. Monthly
$399
HOA / Fees
2.74%
Cap Rate
About This Property
Taking back up offers!
Welcome to 3508 Longleaf Estates Dr, a beautifully designed 4-bedroom, 3.5-bathroom home in North Raleigh and just down the street from Wake Forest. Built in 2018, this 3,553 sq. ft. residence sits on a prime corner lot and boasts an array of custom upgrades, including a screened porch and a dedicated grilling porcha€''perfect for outdoor entertaining.
Step inside to discover an inviting open-concept family room and kitchen, ideal for gatherings. A first-floor office and additional living room provide flexibility for work or relaxation. The 3-car tandem garage offers ample storage space, and the home's location directly across from the community pool ensures summer fun is just steps away.
Upstairs is not only the large primary suite with a dreamy closet with the laundry room perfectly located just outside of this room, but also 3 more large bedrooms, 2 more full baths and a large loft space to use as you choose.
Don't miss the chance to call this exceptional property homea€''schedule your showing today!
Welcome to 3508 Longleaf Estates Dr, a beautifully designed 4-bedroom, 3.5-bathroom home in North Raleigh and just down the street from Wake Forest. Built in 2018, this 3,553 sq. ft. residence sits on a prime corner lot and boasts an array of custom upgrades, including a screened porch and a dedicated grilling porcha€''perfect for outdoor entertaining.
Step inside to discover an inviting open-concept family room and kitchen, ideal for gatherings. A first-floor office and additional living room provide flexibility for work or relaxation. The 3-car tandem garage offers ample storage space, and the home's location directly across from the community pool ensures summer fun is just steps away.
Upstairs is not only the large primary suite with a dreamy closet with the laundry room perfectly located just outside of this room, but also 3 more large bedrooms, 2 more full baths and a large loft space to use as you choose.
Don't miss the chance to call this exceptional property homea€''schedule your showing today!
Unit Size
3,553 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$176
Property Type
House
Property Taxes
$422
HOA Dues
$399
Year Built
2018
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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: 2 years ago (TMLS #10083593)
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Listed by: Jenne Kendziora, Compass -- Raleigh
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10083593
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10083593
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