$625,000
↓ $24K (3.7%)
●
House -
For Sale
3657 Legato Lane
Wake Forest, NC 27587
3 Beds
2 Baths,
1
Half Bath
2,421 Ft²
$3,420
Est. Monthly
$53
HOA / Fees
2.95%
Cap Rate
About This Property
2024 built RANCH + BONUS with bath in an unbeatable Wake Forest
location! This highly sought-after split-bedroom floor plan offers
the flexibility buyers are looking for, with a spacious
second-floor bonus suite perfect for guests, a home office, or
recreation. The gourmet kitchen features a large center island,
premium granite countertops, abundant cabinetry with pull-out
drawers, and a newly installed drinking water filtration system.
The dining room showcases coffered ceilings and wainscoting, while
the private primary suite offers backyard view, double-door entry,
a spa-inspired bath with a tiled shower and soaking tub, and an
impressive walk-in closet. Thoughtful upgrades continue throughout
with wood shelving in every closet, soft-close cabinets and
drawers, water softener system (10k), 12' x 18' screened porch and
back up to a pond! The new washer, dryer, and smart refrigerator
all convey-just unpack and start enjoying your new home!
Unit Size
2,421 Ft²
Days on Market
125 days
Land Size
0.59 acres
Price per sqft
$258
Property Type
House
Property Taxes
$298
HOA Dues
$53
Year Built
-
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: 10 days ago (TMLS #10176589)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$625,000
↓ $24K
(3.7%) | |
| Price Decreased | |||
| Jul 30, 2026 | Price Decreased |
$649,000
↓ $11K
(1.7%) | |
| Price Decreased | |||
| Jun 26, 2026 | Listed by Howard Hanna Allen Tate Wake Forest/Rolesville | $660,000 | |
| Listed by Howard Hanna Allen Tate Wake Forest/Rolesville | |||
| Jul 2, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by WHW Management, Inc | $650,000 | |
| Listed by WHW Management, Inc | |||
| | |||
|
The popular Reno II plan features all three bedrooms on the main level. There's a spacious kitchen with a breakfast /eat in area with bay window, as well as a formal dining room. The large owner's suite (18x14) has a tray ceiling, and the owner's bath has a double vanity, tub, shower and his/hers walk in closet. There's a kitchen bar for extra seating and the family room has a cozy gas log fireplace. Enjoy sitting on the covered screened in porch. (Note: Covered porch will be stained/sealed and screened soon) Upstairs has a nice bonus room and full bath. Located minutes from shopping/restaurants and quick access to Raleigh and 540.
Seller will provide a 2/10 Warranty.
| |||
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Property Highlights
Garage
Air Conditioning
With View
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Concrete, Garage, Garage Faces Front
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Granite Counters, Kitchen Island, Pantry, Soaking Tub, Tray Ceiling(s)
Appliances: Gas Range, Refrigerator, Tankless Water Heater, Washer/Dryer, Water Softener Owned
Flooring Type: Carpet, Luxury Vinyl, Tile
Rooms: 8
Has Fireplace
Fireplaces: 1
Exterior Details
Square Footage: 2421
Architectural Style: Craftsman, Ranch
Year Built: 2024
Building Area Total: 2421
Levels: One, One and One Half
Construction Materials: Fiber Cement, HardiPlank Type
Patio and Porch Features: Screened
Lot Features: Private, Waterfront
Lot Size Area: 0.59
Lot Size Units: Acres
Lot Size Acres: 0.59
Lot Size Square Feet: 25700
Water Source: Community Water
Financial Details
Tax Map Number: 34
Tax Assessed Value: $555,737
Tax Annual Amount: $3,575
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Heat Pump
Heating Type: None
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $633
HOA Fee Frequency: 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 Wake
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$1,999 /mo
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- 1,628 ft²
$1,895 /mo
- Studio
- 3 Baths
Listed by: Janie Blanco, Howard Hanna Allen Tate Wake Forest/Rolesville
Last Updated: 10 days ago
Data Source: TMLS, MLS# 10176589
Last Updated: 10 days ago
Data Source: TMLS, MLS# 10176589
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
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