3920 Cane Garden Drive
About This Property
Welcome to your next chapter in this warm and inviting 4-bedroom, 2.5-bath home in the heart of Raleigh. Priced under $360,000, this home is perfect for first-time buyers or anyone looking for a great investment opportunity.
Step inside to a spacious family room with a cozy fireplace, ideal for relaxing evenings or hosting friends. The kitchen features plenty of cabinet space, stainless steel appliances and an open layout that makes cooking and gathering a breeze.
Upstairs, the generous owner's suite offers a peaceful retreat, complete with a walk-in closet, double vanity, separate tub and walk-in shower. Each bedroom provides room to grow, work or play.
Enjoy a fenced-in backyard that's great for pets, gardening or weekend barbecues. The 2-car garage adds convenience, and the location is close to shopping, dining and more.
Don't miss your chance to own this beautiful home in a desirable Raleigh neighborhood. Schedule your showing today! Note: Some rooms have been virtually staged,
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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 |
|---|---|---|---|
| Mar 19, 2026 | Sold | ||
| Sold | |||
| Feb 23, 2026 | In contract | - | |
| In contract | |||
| Jan 24, 2026 | Price Decreased |
$345,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Dec 3, 2025 | Price Decreased |
$349,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Nov 6, 2025 | Price Decreased |
$354,700
↓ $4K
(1.2%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017