$550,000
●
House -
Off Market
516 Northclift Drive
Raleigh, NC 27609
4 Beds
2 Baths,
1
Half Bath
1,818 Ft²
$3,001
Est. Monthly
About This Property
Offer Deadline: Tuesday 3/31 at 7PM. Perched on a corner lot just
shy of a third of an acre, this Northclift split-level strikes that
perfect balance of charm and everyday comfort. The main level
features hardwoods throughout and flows into an updated kitchen
with marble countertops, dual pantries, stainless appliances, and
even a wireless disposal. Just weeks from full bloom, the outdoor
space is ready to enjoy with a generous patio overlooking the flat
and fenced backyard perfect for entertaining or unwinding. Inside,
two separate living areas offer wonderful flexibility: a bright,
open space upstairs and a cozy lower-level family room with a
fireplace. Updated primary bath with a tiled shower and a vanity
with granite countertops. The fourth downstairs bedroom works well
as a home office or guest space, with a convenient half bath
nearby. There is an abundance of closet space, plus don't miss the
attached exterior storage area for tools and extras. All just
minutes to North Hills, the greenway, and right by Optimist Park
which has a pool, gym, tennis courts, playgrounds, and ballfields!
Unit Size
1,818 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$300
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
1969
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 6 months ago (TMLS #10154392)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | In contract | - | |
| In contract | |||
| Mar 20, 2026 | Listed by Berkshire Hathaway HomeService | $545,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| Nov 22, 2022 | Sold | ||
| Sold | |||
| Oct 27, 2022 | Listed by Berkshire Hathaway HomeService | $500,000 | |
| Listed by Berkshire Hathaway HomeService | |||
Show More
Property Highlights
Garage
Air Conditioning
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 North Raleigh
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Mary Ivey Stewart, Berkshire Hathaway HomeService
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10154392
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10154392
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.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017