4109 Pepperton Drive
About This Property
Inside, the home features custom finishes throughout, including marble countertops, a farmhouse sink, dual-tone cabinets, wood-burning fireplace, and detailed trim work. With two primary suites, one on each level, and three more bedrooms upstairs, the layout is spacious and flexible. Step outside to your private backyard with a saltwater pool, a large deck with pergola, and a fenced area ready for a garden or backyard chickens. The pool is already plumbed for heating and just needs to be hooked up, making year-round swimming an option.
The oversized two-car garage includes a 13 by 9 storage room or workshop, and there's no HOA to limit how you use your space. You're 12 minutes from Downtown Raleigh, 12 minutes from Downtown Cary, 8 minutes to the NC Museum of Art, 6 minutes to Lenovo Center, 5 minutes to Carter Finley, and just 4 minutes to Interstate 440.
Set in a quiet neighborhood with sidewalks and a real sense of community, neighbors hang out, kids ride bikes, and it just feels like home. 4109 Pepperton Drive offers the kind of lifestyle that's getting harder to find in Raleigh.
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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 18, 2025 | Sold | ||
| Sold | |||
| Jul 7, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Listed by Keller Williams Realty | $725,000 | |
| Listed by Keller Williams Realty | |||
| Jun 14, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by EXP Realty LLC | $695,000 | |
| Listed by EXP Realty LLC | |||
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Welcome to this stunning oasis hidden between NC State and the Fenton! This completely renovated home has everything you could dream of and every color, fixture, and piece of trim has been carefully hand-selected. Starting outside, you have a large corner lot with brand new sod, a massive AND HEATED SALTWATER POOL with brand new equipment, a brand new deck with a pergola, and a new 6ft fence! Inside, you have a formal dining room with picture frame trim that leads you into your chef's kitchen. Your kitchen includes a custom hood, marble countertops, dual-tone cabinets, a farmhouse sink, and an eat-in breakfast nook with custom trim. Next to the kitchen, the living room has a wood-burning fireplace with a picture window looking over your expansive 20x38ft pool. This home also offers TWO MASTER SUITES. The first master suite, on the first floor, has wrap-around wainscoting trim, a walk-in closet, a 72-inch double vanity, and a gigantic walk-in shower that has a rainfall shower head in addition to two other shower heads. Upstairs you'll find the second master suite with more custom trim, and its own walk-in shower boasting marble floors and herringbone shower tile. The second floor also has a third full bathroom (also having marble floors) and three additional bedrooms. Back downstairs, the garage can comfortably fit two cars and comes with a large 13ftx9ft storage room that could be used as a workshop. Roof is brand new, hot water heater is brand new, HVAC is 2016. As mentioned above this home is centrally located 11 mins from Fenton, 12 mins from downtown Cary, 7 mins from NC State, and 14 mins from downtown Raleigh. With a heated saltwater pool, almost 2500 sft, being completely renovated, and centrally located, this is a rare opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017