5040 Shakori Trail
About This Property
Step inside to a welcoming layout where warm hardwoods flow across both levels, and generous room sizes offer space to stretch out or entertain with ease. A bright and airy sunroom provides a peaceful place to relax, while a stylish bar with a croc-embossed countertop and built-in kegerator brings a fun, unexpected flair to your hosting setup. The heart of the home-the chef's kitchen-features top-of-the-line Wolf and Sub-Zero appliances, anchored by a large island. Just off the kitchen, the laundry room doubles as a secondary prep area with clever additions like a drop zone, built-in desk, flat-dry pull-outs, and a laundry chute from the kids' wing upstairs.
The primary suite is a serene sanctuary, complete with a spa-inspired bath featuring a luxurious air tub, a washlet, and a huge custom walk-in closet. The main living room centers around a sleek linear gas fireplace and opens up through 16 feet of sliding glass doors to the back Trex deck-perfectly blending indoor comfort with outdoor connection. Whole-home smart wiring ties together the living room, upstairs rec room, and deck with built-in speakers, and the deck is already wired for an outdoor TV.
Outside, you'll fall in love with the private, peaceful setting. The oversized Trex deck looks out over a fully fenced backyard that backs to acres of protected woods beyond the already generous 2.85-acre lot. Whether you're grilling on the natural gas patio hookup, rinsing off under the outdoor shower with its cedar and Trex enclosure, or simply soaking up the view, this backyard was made for easy enjoyment. The irrigated landscaping stays green with minimal effort, and a beautiful rock wall lining the front of the property adds timeless character and curb appeal. In spring, the large front porch is framed by climbing roses and jasmine, filling the air with fragrance and charm.
There's no shortage of storage or workspace here either-the three-car garage is oversized and includes a workshop area and an enclosed storage closet, while the tall crawlspace provides even more room for gear, tools, and seasonal decor.
Set within the district for renowned Chapel Hill schools and offering quick access to both UNC-Chapel Hill and Duke University, this home combines everyday convenience with peaceful privacy. Every inch of 5040 Shakori Trail is thoughtfully considered-from luxurious finishes to functional extras-making it a rare opportunity to enjoy timeless style and modern ease in one of the area's most desirable locations.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 15, 2025 | Sold | ||
| Sold | |||
| Aug 6, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Price Decreased |
$2,000,000
↓ $100K
(4.8%) | |
| Price Decreased | |||
| Jul 6, 2025 | Listed by Cooke Property | $2,100,000 | |
| Listed by Cooke Property | |||
| May 15, 2025 | Price Decreased |
$2,100,000
↓ $50K
(2.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017