4613 Cherrybark Lane
About This Property
Enjoy the Peace of the Country with the Convenience of the City!
Nestled on 1.15 acres of tranquility, this stunning 2-story home offers the best of both worlds--serene privacy just minutes from everything Raleigh has to offer.
Step inside the grand two-story foyer, where you'll be greeted with elegant wrought iron staircase detailing and a dedicated office--perfect for working from home. Beyond the foyer, a formal dining room seamlessly flows into the chef's kitchen and spacious family room, creating an ideal space for entertaining or relaxing with family.
Step outside to your screened-in porch and back deck, both overlooking a picturesque backyard oasis complete with a koi pond and mature trees for added privacy.
The oversized garage offers ample space for two cars, a workbench, bikes, a riding lawn mower, and even a second refrigerator. A conveniently located first-floor laundry room an, in addition, a half bath adds to the home's practicality.
Upstairs, you'll find beautifully updated spaces, including a gorgeously remodeled bathroom, a bonus room with a sitting area and massive walk-in closet--perfect for use as a guest suite or a playroom.
Natural light pours in through large windows, highlighting the newly painted interior, glowing refinished hardwoods and the rest of the tasteful updates throughout the home.
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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 |
|---|---|---|---|
| Apr 20, 2026 | Sold | ||
| Sold | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Price Decreased |
$535,500
↓ $2K
(0.4%) | |
| Price Decreased | |||
| Mar 9, 2026 | Price Decreased |
$537,500
↓ $12K
(2.2%) | |
| Price Decreased | |||
| Mar 4, 2026 | Relisted | $549,500 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017