$686,000
●
House -
Off Market
4113 Glen Laurel Drive
Raleigh, NC 27612
4 Beds
3 Baths
2,698 Ft²
$3,594
Est. Monthly
3.83%
Cap Rate
About This Property
This beautiful all-brick home in Laurel Hills is a true classic. It
sits on a spacious (.69) acre lot with four bedrooms and three full
bathrooms. The foyer welcomes you in followed by a large living
room and a spacious den. All rooms are decorated with true
hardwood floors, extensive wood trim, and a large wood-burning
fireplace. Enjoy the indoor-outdoor living with one of the biggest
lot sizes in the neighborhood, offering exceptional privacy.
The house has been well-maintained with improved flooring,
updated windows, and a replaced roof and rain gutters. It's
perfectly positioned near Carter Finley Stadium, Crabtree Creek
Greenway, Umstead State Park, the NC Museum of Art, and Crabtree
Mall. The neighborhood of Laurel Hills is one of Raleigh's most
established neighborhoods. Home buyers and builders alike can find
this a great investment with new kitchen and bathroom improvements.
For this reason, we're offering an amazing price far below what has
sold on this street and in the neighborhood. .
Unit Size
2,698 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$241
Property Type
House
Property Taxes
$401
HOA Dues
-
Year Built
1965
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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 years ago (TMLS #10116101)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Aug 23, 2025 | In contract | - | |
| In contract | |||
| Aug 15, 2025 | Listed by Compass -- Raleigh | $650,000 | |
| Listed by Compass -- Raleigh | |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Northwest Raleigh
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Listed by: Brent Henson, Compass -- Raleigh
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10116101
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10116101
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