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3623 Turney Drive
About This Property
The Penwell is one of our two-story floorplans featured at Barwell Park in Raleigh, NC offering 3 modern elevations and boast an impressive level of comfort, luxury, and style. The home offers 3 to 4 bedrooms, 2.5 bathrooms, 2,164 sq. ft. of living space, and a 2-car garage.
Upon entering the home, you'll be greeted by a foyer which invites that leads directly into the center of the home. At the heart of the home is a spacious great room that blends with the kitchen, creating an expansive and airy feel. The kitchen is well equipped with a walk-in pantry, stainless steel appliances, and breakfast bar, perfect for cooking and entertaining. There is also a flex room on the first floor that can be used as a home office, fitness room, or craft room.
The primary bedroom features a walk-in closet and en-suite bathroom with dual vanities. The additional two bedrooms provide comfort and privacy and have access to a secondary bathroom. The loft offers a flexible space that can be used as a media room, playroom, or a fourth bedroom. The laundry room completes the second floor. With its thoughtful design, spacious layout, and modern conveniences, the Penwell is the perfect new home for you at Barwell Park. Contact us today to schedule a tour!
Smart home package included! * Photos are not of actual home or interior features and are representative of floor plan only. *
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 3, 2026 | Sold | ||
| Sold | |||
| Mar 9, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Price Decreased |
$412,490
↓ $8K
(1.8%) | |
| Price Decreased | |||
| Feb 19, 2026 | Price Decreased |
$419,990
↓ $13K
(2.9%) | |
| Price Decreased | |||
| Aug 1, 2025 | Price Increased |
$432,490
↑ $2K
(0.5%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017