$531,000
●
House -
Off Market
3709 Yates Mill Trail
Raleigh, NC 27606
3 Beds
2 Baths,
1
Half Bath
1,788 Ft²
$466,304
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
MULTIPLE OFFERS RECEIVED - RARE newer single family home in PRIME
Raleigh location with a GREAT yard under $500k! Gorgeous hardwood
floors, upgraded kitchen with granite, stainless & a huge island.
Spacious dining area. Bright & open floor plan. Upgraded light
fixtures & ceiling fans. AMAZING BACK YARD that backs to a FARM w/
STUNNING WIDE OPEN VIEWS! Custom patio & exterior stacked stone
fireplace! Bedrooms are generous in size. ZERO wasted space + good
storage!
Unit Size
1,788 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$257
Property Type
House
Property Taxes
$255
HOA Dues
$34
Year Built
2011
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Cap Rate Calculator
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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 #2438073)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by RE/MAX United | $500,000 | |
| Listed by RE/MAX United | |||
| | |||
|
Goregous, open floor plan with 3 BD/ 2.5 BA home in excellent Raleigh location. Tons of natural light, beautiful engineered hardwood floors. Kitchen has granite counter tops, stainless steel appliances & large island plus dining area. Upgrades include new microwave & dishwasher installed 2024. New carpet installed in 2023 as well as Closets by Design custom closets in Primary & a secondary bedroom in 2023. Primary shower has new glass enclosure installed 2024. Backyard is made for outdoor living & entertaining with a deck & patio with stacked stone fireplace! This home backs to open space providing a quiet, private yard & wide open views. Washer, dryer, refrigerator convey. Welcome Home!
| |||
| Apr 26, 2022 | Sold | ||
| Sold | |||
| Mar 23, 2022 | Listed by Jordan Lee Real Estate | $460,000 | |
| Listed by Jordan Lee Real Estate | |||
| | |||
|
MULTIPLE OFFERS RECEIVED - RARE newer single family home in PRIME Raleigh location with a GREAT yard under $500k! Gorgeous hardwood floors, upgraded kitchen with granite, stainless & a huge island. Spacious dining area. Bright & open floor plan. Upgraded light fixtures & ceiling fans. AMAZING BACK YARD that backs to a FARM w/ STUNNING WIDE OPEN VIEWS! Custom patio & exterior stacked stone fireplace! Bedrooms are generous in size. ZERO wasted space + good storage!
| |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Southwest Raleigh
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Listed by: Jordan Lee, Nest Realty of the Triangle
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2438073
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2438073
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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