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3836 Mason Bluff Drive
About This Property
The thoughtful layout includes a rare and highly sought-after first-floor bedroom and full bath, offering incredible versatility for guests or multi-generational living. Upstairs, the primary suite serves as a sanctuary, including an expansive walk-in closet and a spa-like bath with dual vanities and a custom-tiled shower. The second floor also hosts a massive bonus room--the ultimate flex space for a home theater or playroom--along with a dedicated laundry room and spacious secondary bedrooms that effortlessly adapt to your specific work-from-home or hobby needs.
The living experience extends seamlessly outdoors to a screened-in porch overlooking a flat, usable backyard, providing the perfect setting for serene North Carolina evenings or weekend gatherings. Located in the charming Hunter's Pointe community, residents enjoy a private playground and a premier North Raleigh location. With swift access to I-540 and Hwy 401, this home puts the region's best shopping, dining, and employment hubs right at your fingertips. Welcome home!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 25, 2026 | Sold | ||
| Sold | |||
| Aug 12, 2026 | In contract | - | |
| In contract | |||
| Jun 26, 2026 | Price Decreased |
$484,990
↓ $5K
(1%) | |
| Price Decreased | |||
| Apr 17, 2026 | Relisted | $489,990 | |
| Relisted | |||
| Apr 8, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017