36
Map
$549,900
●
House -
In Contract
416 Cardinal Crest Lane
Wake Forest, NC 27587
4 Beds
3 Baths,
1
Half Bath
2,630 Ft²
$3,050
Est. Monthly
$25
HOA / Fees
About This Property
HUGE INCENTIVE ALERT: Builder offering up to $25k flex cash to be
used toward closing costs, rate buydown, etc. 4 bed 3.5 bath brand
new construction from local custom home builder. Extensive
millwork. Hardwoods throughout 1st floor. Heavy crown molding.
Large formal dining room with wainscoting. Spacious family room
features coffered ceiling. Bright & open eat-in kitchen offers
quartz countertops, farmhouse sink, center island, custom cabinets
with dovetail/soft close drawers, subway tile backsplash, under
cabinet lighting & stainless steel appliances with 6 burner gas
range. Primary suite includes accent wall, quartz top dual
vanities, soaking tub with separate tile shower & generous walk in
closet. Tankless water heater. Steps to Dunn Creek Trail. Extremely
convenient to Downtown Wake Forest with great shopping, dining and
entertainment.
Unit Size
2,630 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$209
Property Type
House
Property Taxes
$325
HOA Dues
$25
Year Built
-
Listed By
Shelley Allen
Carolina's Choice Real Estate
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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: 12 days ago (TMLS #10195577)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 13, 2026 | In contract | - | |
| In contract | |||
| Sep 30, 2026 | Listed by Carolina's Choice Real Estate | $549,900 | |
| Listed by Carolina's Choice Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage, Garage Door Opener, Garage Faces Front
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Double Vanity, Eat-in Kitchen, Entrance Foyer, High Ceilings, Kitchen Island, Pantry, Soaking Tub, Walk-In Closet(s), Quartz Counters, Smooth Ceilings, Walk-In Shower
Appliances: Dishwasher, Disposal, Gas Range, Range Hood, Stainless Steel Appliance(s), Water Heater
Flooring Type: Carpet, Hardwood, Tile
Laundry Features: Laundry Room, Upper Level
Rooms: 11
Has Fireplace
Fireplace Features: Family Room, Gas Log
Fireplaces: 1
Exterior Details
Square Footage: 2630
Architectural Style: Traditional
Year Built: 2026
Building Area Total: 2630
Levels: Two
Window Features: Insulated Windows
Construction Materials: Fiber Cement, Stone
Lot Features: Back Yard
Lot Size Area: 0.16
Lot Size Units: Acres
Lot Size Acres: 0.16
Lot Size Square Feet: 6970
Water Source: Public
Financial Details
Tax Map Number: 4
Tax Assessed Value: $529,111
Tax Annual Amount: $3,895
Utilities Details
Cooling Type: Central Air, Zoned
Heating Type: Forced Air, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $25
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Wake Forest
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Listed by: David Wilson, Carolina's Choice Real Estate
Last Updated: 12 days ago
Data Source: TMLS, MLS# 10195577
Last Updated: 12 days ago
Data Source: TMLS, MLS# 10195577
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