$434,900
●
House -
For Sale
5624 Clarks Fork Drive
Raleigh, NC 27616
4 Beds
2 Baths,
1
Half Bath
3,169 Ft²
$2,536
Est. Monthly
$42
HOA / Fees
About This Property
Welcome home to this 4-bedroom, 2.5-bath home with a long list of
recent updates, including fresh interior paint throughout, freshly
painted exterior doors, new ceiling fans and light fixtures, and
new vanities in all three bathrooms. New carpet runs through the
bedrooms, bonus room, dining room, office, stairs and hallways. The
open kitchen features a large island and a sunny breakfast nook.
Also on the main level are a formal living room, a spacious family
room with a fireplace, a dedicated office, a half bath and the
laundry room. Upstairs, the primary suite offers a separate sitting
room and an en suite bath with dual sinks, a separate tub and
shower, and two walk-in closets. Three more bedrooms and a huge
bonus room complete the second level. The bonus room has a generous
storage area and its own staircase to the kitchen on the main
level.
Unit Size
3,169 Ft²
Days on Market
8 days
Land Size
0.21 acres
Price per sqft
$137
Property Type
House
Property Taxes
$358
HOA Dues
$42
Year Built
2000
Listed By
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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: 8 days ago (TMLS #10198374)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Listed by Offerpad Brokerage LLC | $434,900 | |
| Listed by Offerpad Brokerage LLC | |||
| May 1, 2001 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Garage
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Flooring Type: Carpet, Laminate, Tile
Laundry Features: Lower Level
Rooms: 3
Exterior Details
Square Footage: 3169
Architectural Style: Traditional
Year Built: 2000
Building Area Total: 3169
Levels: Two
Construction Materials: Vinyl Siding
Lot Size Area: 0.21
Lot Size Units: Acres
Lot Size Acres: 0.21
Lot Size Square Feet: 9148
Water Source: Public
Financial Details
Tax Map Number: 71
Tax Assessed Value: $470,596
Tax Annual Amount: $4,298
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Unknown
HOA Fee: $500
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
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Listed by: Steve G Metarelis, Offerpad Brokerage LLC
Last Updated: 8 days ago
Data Source: TMLS, MLS# 10198374
Last Updated: 8 days ago
Data Source: TMLS, MLS# 10198374
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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