22
Map
$184,900
↓ $15K (7.5%)
●
House -
For Sale
4408 Poplar Drive
Raleigh, NC 27610
2 Beds
1 Bath
728 Ft²
$970
Est. Monthly
About This Property
Wonderful opportunity !! This 2-bedroom, 1-bathroom single-family
home in East Raleigh sits on a generous 13,068-square-foot lot,
offering substantial outdoor space for the discerning buyer. The
property provides a solid foundation for ownership in Raleigh area.
The lot size affords flexibility for landscaping, outdoor projects,
or future expansion opportunities. A large rear deck. Updated bath,
flooring and kitchen. Formerly used as an Airbnb. Within 15 minutes
to Downtown Raleigh and minutes from I440 and I40, Shopping,
schools and recreation centers. Surround by city properties, but
itself outside city limits and therefore only county taxes. On Well
and Septic. Contact list agent for additional questions
Unit Size
728 Ft²
Days on Market
32 days
Land Size
0.30 acres
Price per sqft
$254
Property Type
House
Property Taxes
$62
HOA Dues
-
Year Built
1905
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: 2 days ago (TMLS #10196055)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2026 | Price Decreased |
$184,900
↓ $15K
(7.5%) | |
| Price Decreased | |||
| Oct 3, 2026 | Price Decreased |
$199,900
↓ $5K
(2.4%) | |
| Price Decreased | |||
| Oct 1, 2026 | Listed by Referral Realty US LLC | $204,900 | |
| Listed by Referral Realty US LLC | |||
| Dec 26, 2025 | Price Decreased |
$260,000
↓ $8K
(3%) | |
| Price Decreased | |||
| Sep 26, 2025 | Listed | $268,000 | |
| Listed | |||
| | |||
|
Can you imagine living in this lovely, low maintenance home, with so much yard space to keep your own chickens, plant your own fruits and vegetables/Grow your own garden on this premium oversized lot?
Or investors, do you want to take on a low Maintenace money making machine? Perfect for first time investors.
8Min to Downtown Raleigh. Less than 5 Min to every major Highway I40, I440, I540, 64 and 70. This COMPLETELY renovated (from top to bottom) 2bedroom/1bath bungalow is the perfect starter home or retirement nest. Stainless steel appliances, modern finishes, New Roof, new HVAC, new plumbing. EVERYTHING NEW! The house sits on a crawl space. Outside is a Covered Front Porch, Cozy Back Deck with a Fenced Yard, Storage Shed (or ADU that needs some work) Fence for your favorite furry, and plenty of yard space for a garden. No HOA, No water bill, inexpensive tax bill! Plenty of land to build you another home in the back!
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Property Highlights
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Driveway, Gravel, On Site
Interior Details
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Bathtub/Shower Combination
Flooring Type: Laminate, Tile
Laundry Features: In Unit, Laundry Room
Rooms: 5
Exterior Details
Square Footage: 728
Property Condition: Updated/Remodeled
Architectural Style: Bungalow, Ranch
Year Built: 1905
Building Area Total: 728
Levels: One
Other Structures: Outbuilding, Shed(s), Storage
Construction Materials: Vinyl Siding
Patio and Porch Features: Covered, Deck, Porch
Lot Features: Rectangular Lot, Partially Cleared
Lot Size Area: 0.3
Lot Size Units: Acres
Lot Size Acres: 0.3
Lot Size Square Feet: 13068
Lot Size Dimensions: 64x208
Water Source: Well
Financial Details
Tax Assessed Value: $109,737
Tax Annual Amount: $744
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Septic Tank
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 Southeast Raleigh
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Listed by: Peter Greijn, Referral Realty US LLC
Last Updated: 2 days ago
Data Source: TMLS, MLS# 10196055
Last Updated: 2 days ago
Data Source: TMLS, MLS# 10196055
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
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