21
Map
$460,000
↓ $5K (1.1%)
●
House -
For Sale
5237 Emerald Spring Drive
Knightdale, NC 27545
4 Beds
3 Baths,
1
Half Bath
3,857 Ft²
Upcoming Open House
9AM - 7PM, Mon, Oct 19
-
Book now
$2,829
Est. Monthly
$299
HOA / Fees
About This Property
5237 Emerald Spring Dr is a two-story Knightdale home with a
functional layout and comfortable living spaces throughout. The
kitchen features stainless steel appliances and abundant cabinet
storage, creating a well-equipped space for cooking and
entertaining. A fireplace anchors the main living area, adding
warmth and ambiance to the central gathering space. The primary
bedroom includes a walk-in closet for convenient storage and
organization, while the primary bathroom features double sinks
alongside a separate tub and shower for everyday convenience. A
deck extends the living space outdoors, creating ample room for
relaxation and entertaining. A two-car garage completes this
well-maintained residence with practical amenities and comfortable
living spaces throughout every room. FHA Eligibility 09/25/2026
Unit Size
3,857 Ft²
Days on Market
97 days
Land Size
0.28 acres
Price per sqft
$119
Property Type
House
Property Taxes
$271
HOA Dues
$299
Year Built
2010
Listed By
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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: 23 hours ago (TMLS #10179899)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$460,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Aug 20, 2026 | Price Decreased |
$465,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Jul 14, 2026 | Listed by Opendoor Brokerage LLC | $470,000 | |
| Listed by Opendoor Brokerage LLC | |||
| Sep 30, 2010 | Sold | ||
| Sold | |||
| Jan 11, 2010 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Garage
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Flooring Type: Carpet, Hardwood, Vinyl
Rooms: 11
Has Fireplace
Fireplace Features: Gas
Fireplaces: 1
Exterior Details
Square Footage: 3857
Architectural Style: Craftsman
Year Built: 2010
Building Area Total: 3857
Levels: Two
Construction Materials: Brick, Vinyl Siding
Lot Size Area: 0.28
Lot Size Units: Acres
Lot Size Acres: 0.28
Lot Size Square Feet: 12196.8
Water Source: Public
Financial Details
Tax Map Number: 139
Tax Assessed Value: $5,054
Tax Annual Amount: $3,253
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Unknown
HOA Fee: $299
HOA Fee Frequency: Semi-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 Rockbridge
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Listed by: Thomas Ladane Shoupe, Opendoor Brokerage LLC
Last Updated: 23 hours ago
Data Source: TMLS, MLS# 10179899
Last Updated: 23 hours ago
Data Source: TMLS, MLS# 10179899
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.
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