5108 River Sand Trail
About This Property
This beautiful Merlot home features a spacious open-concept kitchen with an oversized island, modern cabinets for ample storage, gourmet appliances with double oven, and quartz countertops. The extended breakfast/dining area off the kitchen provides a perfect spot for casual meals and leads out to a covered back porch, perfect for relaxing or entertaining. A convenient mudroom is located just off the 2-car garage for easy organization. The owner's
suite is a true retreat, offering a large walk-in closet and garden tub with walk in shower.
The generously sized secondary bedrooms each come with their own walk-in closet for added storage space.
Luxury Vinyl Plank flooring in all rooms with gorgeous stained oak treads along staircase.
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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 |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Sep 27, 2025 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Price Decreased |
$429,250
↓ $15K
(3.4%) | |
| Price Decreased | |||
| Aug 22, 2025 | Price Decreased |
$444,250
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Aug 18, 2025 | Listed by DRB Group North Carolina LLC | $449,250 | |
| Listed by DRB Group North Carolina LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Northeast Raleigh
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017