31
Map
$280,000
↓ $10K (3.4%)
●
House -
For Sale
3701 Sue Ellen Drive
Raleigh, NC 27604
3 Beds
1 Bath,
1
Half Bath
1,370 Ft²
$1,563
Est. Monthly
About This Property
Welcome to this inviting Raleigh home offering a functional layout
with versatile living spaces. The spacious living room provides a
comfortable setting for everyday gatherings, while the dining area
is ideal for family meals or entertaining. The kitchen offers a
practical space for preparing meals, and the bedrooms can be used
as private sleeping quarters, guest rooms, a home office, study, or
flex space to suit your needs. Additional rooms can be customized
as a playroom, hobby area, home gym, or dedicated workspace.
Conveniently located near shopping, dining, parks, schools, and
major roadways, this home offers comfortable living with plenty of
opportunity to personalize the space.
Unit Size
1,370 Ft²
Days on Market
71 days
Land Size
0.23 acres
Price per sqft
$204
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1977
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: 8 days ago (TMLS #10186385)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2026 | Price Decreased |
$280,000
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Sep 30, 2026 | Price Decreased |
$290,000
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Sep 17, 2026 | Price Decreased |
$300,000
↓ $17K
(5.4%) | |
| Price Decreased | |||
| Aug 14, 2026 | Listed by Mainstay Brokerage LLC | $317,000 | |
| Listed by Mainstay Brokerage LLC | |||
| May 27, 2021 | Sold | ||
| Sold | |||
Show More
Property Highlights
Fireplace
Parking Details
Has Open Parking
Parking Features: Driveway
Open Parking Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Crown Molding, High Ceilings, Laminate Counters
Appliances: Dishwasher, Electric Range, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Range, Range Hood, Refrigerator, Stainless Steel Appliance(s)
Flooring Type: Vinyl, Wood
Door Features: French Doors
Laundry Features: Other
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Exterior Details
Square Footage: 1370
Security Features: Smoke Detector(s), See Remarks
Architectural Style: Ranch
Year Built: 1977
Building Area Total: 1370
Levels: One
Other Structures: Outbuilding, Shed(s), Storage, See Remarks
Construction Materials: Vinyl Siding
Patio and Porch Features: Covered, Front Porch, Patio, Porch
Lot Features: Back Yard, Garden, Landscaped, Level
Lot Size Area: 0.23
Lot Size Units: Acres
Lot Size Acres: 0.23
Lot Size Square Feet: 10019
Water Source: See Remarks
Financial Details
Tax Map Number: 72
Tax Assessed Value: $255,994
Tax Annual Amount: $2,253
Utilities Details
Cooling Type: Ceiling Fan(s), Gas Pack
Heating Type: None
Sewer : Unknown
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: Doug Smith, Mainstay Brokerage LLC
Last Updated: 8 days ago
Data Source: TMLS, MLS# 10186385
Last Updated: 8 days ago
Data Source: TMLS, MLS# 10186385
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