50
Map
$379,000
●
House -
In Contract
3536 Althorp Drive
Raleigh, NC 27616
3 Beds
2 Baths,
1
Half Bath
2,424 Ft²
$2,651
Est. Monthly
$465
HOA / Fees
About This Property
Experience the best of Highland Creek in this beautifully
maintained, move-in-ready home. You'll have access to incredible
community amenities, including multiple pools, a clubhouse, tennis
courts, and scenic trails. Peace of mind comes standard here,
thanks to a new HVAC unit and furnace installed in 2023. The
interior is both spacious and functional, featuring three bedrooms
plus a private office and a versatile bonus room. At the heart of
the home, the kitchen shines with granite countertops and a gas
range, flowing naturally into the living area. Upstairs, a flexible
loft offers even more space to customize. One of the true
highlights is the 3 Season room addition-a bright, inviting retreat
that overlooks the fully fenced backyard. It's a perfect blend of
modern updates and resort-style living.
Unit Size
2,424 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$156
Property Type
House
Property Taxes
$325
HOA Dues
$465
Year Built
2015
Listed By
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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: 5 days ago (TMLS #10196921)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2026 | In contract | - | |
| In contract | |||
| Oct 6, 2026 | Listed by Compass -- Raleigh | $379,000 | |
| Listed by Compass -- Raleigh | |||
| Jun 5, 2015 | Sold | ||
| Sold | |||
| Mar 17, 2015 | Listed by Compass -- Raleigh | $243,270 | |
| Listed by Compass -- Raleigh | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Double Vanity, Entrance Foyer, Granite Counters, Kitchen Island, Open Floorplan, Recessed Lighting, Stone Counters, Walk-In Closet(s), Smooth Ceilings
Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Range, Free-Standing Refrigerator, Gas Range, Ice Maker, Microwave, Range, Refrigerator, Stainless Steel Appliance(s)
Flooring Type: Carpet, Hardwood, Tile, Vinyl, Wood
Door Features: French Doors
Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Rooms: 9
Has Fireplace
Fireplace Features: Family Room, Gas Log
Fireplaces: 1
Exterior Details
Square Footage: 2424
Security Features: Smoke Detector(s)
Architectural Style: Traditional, Transitional
Year Built: 2015
Building Area Total: 2424
Levels: Two
Construction Materials: Board & Batten Siding, Shake Siding, Stone, Stone Veneer, Vertical Siding, Vinyl Siding
Patio and Porch Features: Covered, Enclosed, Front Porch, Patio, Porch
Lot Features: Back Yard, Level
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Water Source: Public
Financial Details
Tax Assessed Value: $426,519
Tax Annual Amount: $3,897
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA/Condo/Coop Amenities: Basketball Court, Billiard Room, Clubhouse, Fitness Center, Game Room, Park, Picnic Area, Playground, Pool, Recreation Facilities, Sport Court, Tennis Court(s), Trail(s)
HOA Fee: $465
HOA Fee Frequency: Semi-Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northeast Raleigh
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Listed by: Bryan Sinnett, Compass -- Raleigh
Last Updated: 5 days ago
Data Source: TMLS, MLS# 10196921
Last Updated: 5 days ago
Data Source: TMLS, MLS# 10196921
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