$631,000
●
House -
Off Market
3708 Tansley Street
Wake Forest, NC 27587
4 Beds
2 Baths,
1
Half Bath
3,097 Ft²
$3,670
Est. Monthly
$260
HOA / Fees
3.46%
Cap Rate
About This Property
Have you been waiting for that extraordinary home in a neighborhood
rich with amenities, mature trees and Greenway access in the heart
of Wake Forest? THIS IS THE ONE and it has been completely updated
with refinished Hardwoods, new carpet, paint and lighting, updated
kitchen with 36'' natural gas range plus wall oven and Quartz
counters. The spacious living area is complimented with custom
built-ins and a cozy fireplace. Working from home here is easy with
fiber internet and designated office on the main level. Upstairs
you'll find the primary suitet is quite large with customized dual
closets and tray ceilings. Also upstairs are three secondary
bedrooms plus a bonus room that could serve as a fifth bedroom if
needed. The backyard is nothing short of amazing on .57 acre with a
308 sf screen porch accompanied by a sprawling paver patio and fire
pit. You'll also love the landscaping with fruit trees all in a
private setting. This is a must see!
Unit Size
3,097 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$202
Property Type
House
Property Taxes
$340
HOA Dues
$260
Year Built
2006
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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: 2 years ago (TMLS #10028036)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed by Coldwell Banker Advantage | $642,000 | |
| Listed by Coldwell Banker Advantage | |||
| | |||
|
Completely updated and move-in ready! In the Heart of Wake Forest, this brick front custom sits on a private .57 acre cul-de-sac lot backing to a wooded buffer. Tons of recent updates to include refinished hardwoods, interior paint, carpet, upgraded lighting, updated kitchen with 36'' (6) burner gas range w/custom hood, soft close drawers/cabinet with pull-outs, Quartz counters, island, under cab lighting, tile backsplash & large walk-in pantry. Large open living room w/fireplace and built-ins, 1st floor study, dining/flex room, & breakfast area. 2nd floor boasts large primary suite w/custom dual closets and tray ceiling, (3) additional spacious bedrooms and a bonus/5th bedroom. Large screen porch overlooks private wooded backyard & fruit tress featuring patio with firepit. The quaint community features pool, clubhouse, playground and access to greenway. This one has it all! Please see 3D Virtual Tour Link
| |||
| Jun 13, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by Allen Tate/Wake Forest | $625,000 | |
| Listed by Allen Tate/Wake Forest | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Dansforth
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Listed by: Janie Blanco, Allen Tate/Wake Forest
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10028036
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10028036
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