8
Map
$6,995,000
↑ $1M (16.7%)
●
House -
For Sale
401 Marlowe Road
Raleigh, NC 27609
5 Beds
6 Baths,
2
Half Baths
7,110 Ft²
$34,347
Est. Monthly
About This Property
Welcome to 401 Marlowe Road, an English Country Estate of
unparalleled luxury, meticulously crafted by Dougher Development
Company and designed by the renowned Carter Skinner. This
executive residence exudes elegance and sophistication while
seamlessly merging traditional design with the modern open concept.
Bespoke chef's kitchen is a masterpiece with professional
grade appliances, true custom cabinetry, dual center islands,
separate scullery/prep kitchen, and Butlers Pantry. The main floor
owner's suite offers a private retreat with one of four masonry
fireplaces, a spa bath, and dual closets. Dual studys, staircases,
and laundry rooms, in addition to an elevator shaft and three-car
garage, add to this home's functionality. Unrivaled covered
outdoor living with an outdoor kitchen overlooking a custom
designed swimming pool. The second floor features 4 oversized
private ensuite bedrooms and a large bonus room. Get involved
now to select all design selections!
Unit Size
7,110 Ft²
Days on Market
768 days
Land Size
0.60 acres
Price per sqft
$984
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965
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: 3 months ago (TMLS #10053132)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 3, 2026 | Price Increased |
$6,995,000
↑ $1M
(16.7%) | |
| Price Increased | |||
| Sep 17, 2024 | Listed by Coldwell Banker HPW | $5,995,000 | |
| Listed by Coldwell Banker HPW | |||
| Apr 26, 2024 | No longer available | - | |
| No longer available | |||
| Feb 23, 2024 | Listed by Coldwell Banker Howard Perry and Walston | $6,500,000 | |
| Listed by Coldwell Banker Howard Perry and Walston | |||
| | |||
|
Presale Opportunity with Dougher Development Company! Custom Built Home in Sought-After Drewry Hills! Offering Luxurious Outdoor Living with Massive Rear Porch w/Outdoor Kitchen, Double Sided Fireplace & Pool Bath Overlooking Salt Water Pool/Spa! Grand Foyer Entry leading to Formal Dining w/Wine Display Room! Chefs Kitchen Features Large T-Shaped Island w/Quartz Top, SS Appliance Package, Coffee Bar, Butler's Bar & Massive Scullery! Main Level Primary Suite, Guest Suite, & Private Study! Second Floor Features Oversized Bonus Room w/Wet Bar, Yoga Room, Future Media Room & 3 Large En Suite Bedrooms! Basement Living w/Rec Room & Guest Room/Bedroom 6! 4-Car Basement Level Garage & 1-Car Main Level! The manager has listed the unit size as 8189 square feet.
| |||
| Sep 26, 2022 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level
Garage Spaces: 3
Open Parking Spaces: 3
Interior Details
Half Bathrooms: 2
Full Bathrooms: 6
Interior Features: Bookcases, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Chandelier, Crown Molding, Eat-in Kitchen, Entrance Foyer, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Soaking Tub, Stone Counters, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Wired for Data, Wired for Sound, Bathtub/Shower Combination, Butler's Pantry, Dual Closets, Primary Downstairs, Quartz Counters, Separate Shower, Smooth Ceilings, Walk-In Shower, Water Closet
Appliances: Built-In Freezer, Built-In Gas Range, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Ice Maker, Instant Hot Water, Microwave, Oven, Plumbed For Ice Maker, Range, Range Hood, Refrigerator, Self Cleaning Oven, Smart Appliance(s), Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Water Heater, Wine Cooler, Wine Refrigerator, Wall Oven
Flooring Type: Carpet, Ceramic Tile, Hardwood, Tile
Door Features: French Doors, Sliding Doors
Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Multiple Locations, Sink, Upper Level, Washer Hookup
Rooms: 17
Has Fireplace
Fireplace Features: Den, Family Room, Gas, Gas Log, Gas Starter, Living Room, Masonry, Bedroom
Fireplaces: 4
Exterior Details
Square Footage: 7110
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: New Construction, Under Construction
Architectural Style: Traditional, Transitional
Year Built: 2026
Builder Name: Dougher Development Company
Building Area Total: 7110
Levels: Two
Other Structures: None
Construction Materials: Brick, Brick Veneer, Fiber Cement, HardiPlank Type
Patio and Porch Features: Covered, Front Porch, Porch, Rear Porch, Side Porch
Pool Features: Gunite, Heated, In Ground, Outdoor Pool, Private, Tile
Pool is Private
Lot Features: Back Yard, Front Yard, Gentle Sloping, Landscaped, Rectangular Lot
Lot Size Area: 0.6
Lot Size Units: Acres
Lot Size Acres: 0.6
Lot Size Square Feet: 26136
Lot Size Dimensions: See plot plan
Water Source: Public
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Dual, Multi Units, Zoned
Heating Type: Central, Electric, Fireplace(s), Forced Air, Heat Pump, Natural Gas, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: None
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 North Hills
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Listed by: Jim Allen, Coldwell Banker HPW
Last Updated: 3 months ago
Data Source: TMLS, MLS# 10053132
Last Updated: 3 months ago
Data Source: TMLS, MLS# 10053132
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