3723 Bellevue Road
About This Property
On the main level, you'll find a guest bedroom or private study, perfect for working from home or relaxing in style. Upstairs, the expansive primary suite is a true retreat, boasting a soaking tub, a large walk-in shower, and a spacious walk-in closet with custom shelving. Down the hall, you'll find three more bedrooms and two more full bathrooms.
The third floor presents a fully finished flexible space with a half bath, perfect for a home gym, office, playroom, or library-the possibilities are endless. Nestled in a quiet neighborhood, you can easily enjoy the bustling lifestyle just minutes from North Hills, where Raleigh's finest dining, shopping, and entertainment await. This home truly offers the best of both worlds-luxury living in a peaceful retreat, yet close to all that Raleigh has to offer. Don't miss this opportunity!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Jul 26, 2025 | In contract | - | |
| In contract | |||
| Jun 21, 2025 | Price Decreased |
$1,720,000
↓ $30K
(1.7%) | |
| Price Decreased | |||
| Oct 19, 2024 | Price Decreased |
$1,750,000
↓ $45K
(2.5%) | |
| Price Decreased | |||
| Oct 16, 2024 | Listed by Insight Real Estate | $1,795,000 | |
| Listed by Insight Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017