36
Map
$420,000
↓ $20K (4.5%)
●
House -
For Sale
3700 Arrowwood Drive
Raleigh, NC 27604
5 Beds
3 Baths
1,773 Ft²
$2,334
Est. Monthly
About This Property
This five-bedroom, three-bathroom single-family residence in
Brentwood Estates offers substantial living space positioned on an
expansive 11,761-square-foot lot in Raleigh. The layout provides
ample room for multiple living areas, bedrooms for various needs,
and generous outdoor grounds. The property combines practical
square footage with a sizable lot size that affords flexibility for
landscaping, recreation, or future improvements. A solid foundation
for long-term ownership and investment. Seller is offering 10k in
credit with good offers.
Unit Size
1,773 Ft²
Days on Market
63 days
Land Size
0.27 acres
Price per sqft
$237
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1968
Listed By
Victor Barreiro
1800 Real Estate, Inc.
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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: 9 days ago (TMLS #10190869)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2026 | Price Decreased |
$420,000
↓ $20K
(4.6%) | |
| Price Decreased | |||
| Sep 4, 2026 | Listed by 1800 Real Estate, Inc. | $440,000 | |
| Listed by 1800 Real Estate, Inc. | |||
| Jan 18, 2022 | Sold | ||
| Sold | |||
| Dec 11, 2021 | Listed by 1800 Real Estate, Inc. | $299,000 | |
| Listed by 1800 Real Estate, Inc. | |||
| Aug 10, 2020 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Interior Details
Full Bathrooms: 3
Interior Features: Built-in Features, Chandelier, Crown Molding, Recessed Lighting, Stone Counters
Appliances: Dishwasher, Electric Range, Free-Standing Refrigerator, Microwave, Range, Range Hood, Refrigerator
Flooring Type: Hardwood, Tile, Wood
Rooms: 1
Exterior Details
Square Footage: 1773
Architectural Style: Traditional
Year Built: 1968
Building Area Total: 1773
Levels: One and One Half
Construction Materials: Brick
Patio and Porch Features: Deck
Lot Features: Back Yard
Lot Size Area: 0.27
Lot Size Units: Acres
Lot Size Acres: 0.27
Lot Size Square Feet: 11761
Water Source: Public
Financial Details
Tax Map Number: 7
Tax Assessed Value: $355,795
Tax Annual Amount: $3,255
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump
Sewer : Public Sewer
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
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HOA + Taxes
About Northeast Raleigh
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Listed by: Victor Barreiro, 1800 Real Estate, Inc.
Last Updated: 9 days ago
Data Source: TMLS, MLS# 10190869
Last Updated: 9 days ago
Data Source: TMLS, MLS# 10190869
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