$298,400
↓ $2K (0.5%)
●
House -
For Sale
5212 Marthonna Way
Raleigh, NC 27616
3 Beds
2 Baths
1,254 Ft²
$1,713
Est. Monthly
$13
HOA / Fees
About This Property
Are you on the hunt for one-level living, with a garage, and
private yard? Back on market at no fault of Seller, now is your
chance to hop on it! Rare opportunity for a beautifully updated 3
bedroom, 2 bath ranch in a prime Raleigh location! Nestled on a
corner cul-de-sac lot, this charming home offers one of the most
sought after layouts around with true one level living and an
attached garage. Fresh new paint and flooring throughout make the
home feel crisp, bright, and move in ready. Step inside to find
vaulted ceilings in the main living area, creating an airy and
inviting space filled with natural light. The open living and
kitchen design flows effortlessly for both everyday comfort and
easy entertaining. Out back, enjoy your own private retreat with a
patio overlooking the fenced backyard, enhanced by mature trees for
added privacy and shade. Cute, convenient, and full of charm, this
ranch checks all the boxes and is the kind of home buyers wait for.
Unit Size
1,254 Ft²
Days on Market
69 days
Land Size
0.20 acres
Price per sqft
$238
Property Type
House
Property Taxes
$235
HOA Dues
$13
Year Built
1999
Listed By
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: 2 months ago (TMLS #10159094)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2026 | Price Decreased |
$298,400
↓ $2K
(0.5%) | |
| Price Decreased | |||
| Aug 21, 2026 | Relisted | $299,900 | |
| Relisted | |||
| May 22, 2026 | In contract | - | |
| In contract | |||
| May 13, 2026 | Price Decreased |
$299,900
↓ $20K
(6.3%) | |
| Price Decreased | |||
| Apr 25, 2026 | Price Decreased |
$319,900
↓ $10K
(3%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Concrete, Driveway, Garage
Garage Spaces: 1
Open Parking Spaces: 3
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Walk-In Closet(s), Bathtub/Shower Combination
Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater
Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl
Laundry Features: Laundry Room, Lower Level, Main Level
Rooms: 8
Exterior Details
Square Footage: 1254
Architectural Style: Ranch
Year Built: 1999
Building Area Total: 1254
Levels: One
Construction Materials: Brick, Vinyl Siding
Patio and Porch Features: Patio
Lot Features: Back Yard, Corner Lot, Cul-De-Sac, Landscaped
Lot Size Area: 0.2
Lot Size Units: Acres
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Water Source: Public
Financial Details
Tax Map Number: 57
Tax Assessed Value: $320,424
Tax Annual Amount: $2,814
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
HOA/Condo/Coop Amenities: None
HOA Fee: $153
HOA Fee Frequency: Annually
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 Northeast Raleigh
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Samantha Diaz, Keller Williams Elite Realty
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10159094
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10159094
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