22
Map
$399,900
↓ $10K (2.4%)
●
House -
For Sale
3812 Cashew Drive
Raleigh, NC 27616
3 Beds
2 Baths,
1
Half Bath
2,018 Ft²
$2,275
Est. Monthly
$19
HOA / Fees
About This Property
Well-maintained and move-in ready, this 3-bedroom, 2.5-bathroom
Raleigh home has been carefully prepared for its next owner with
thoughtful attention to cleanliness, condition, and overall
presentation, starting with fresh landscaping and a clean exterior
that create strong curb appeal. Inside, the home is clean, bright,
and immediately livable, featuring a new stainless steel
dishwasher, bright and open living room with soaring ceilings and
floor to ceiling fireplace. Situated in one of Raleigh's
established communities with convenient access to major corridors,
shopping, dining, and the broader Triangle area, this home offers
real value for buyers looking to move in without the work.
Unit Size
2,018 Ft²
Days on Market
108 days
Land Size
0.21 acres
Price per sqft
$198
Property Type
House
Property Taxes
$291
HOA Dues
$19
Year Built
2000
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: 2 months ago (TMLS #10178428)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2026 | Price Decreased |
$399,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jul 7, 2026 | Listed by Offerpad Brokerage LLC | $409,900 | |
| Listed by Offerpad Brokerage LLC | |||
| Mar 31, 2020 | Sold | ||
| Sold | |||
| Feb 27, 2020 | Listed by Offerpad Brokerage LLC | $275,000 | |
| Listed by Offerpad Brokerage LLC | |||
| Dec 4, 2015 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar, Eat-in Kitchen, Walk-In Closet(s)
Flooring Type: Carpet, Wood
Laundry Features: Laundry Room, Upper Level
Rooms: 1
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Square Footage: 2018
Architectural Style: Traditional
Year Built: 2000
Building Area Total: 2018
Levels: Two
Construction Materials: Vinyl Siding
Patio and Porch Features: Patio
Lot Features: Back Yard
Lot Size Area: 0.21
Lot Size Units: Acres
Lot Size Acres: 0.21
Lot Size Square Feet: 9148
Water Source: Public
Financial Details
Tax Map Number: 3
Tax Assessed Value: $398,524
Tax Annual Amount: $3,496
Utilities Details
Cooling Type: Central Air
Heating Type: None
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Unknown
HOA Fee: $230
HOA Fee Frequency: Annually
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: Steve G Metarelis, Offerpad Brokerage LLC
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10178428
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10178428
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