5800 Forest Drive
About This Property
Big yards are hard to come by these days, but this one? It's got space for days. Whether you've got a green thumb, a pup who needs room to zoom, or just want a little privacy from the world, this sprawling outdoor space is ready for whatever you can dream up. And let's not forget the attached two-car garage-plenty of room for your cars, storage, and those half-finished DIY projects (we all have them).
Inside, this ranch-style gem has been well-loved and well-maintained, with a fresh coat of paint in 2025 to keep things feeling bright and new. The single-level layout means easy living, with spacious living areas, natural light galore, and that effortless flow that makes a house feel like home. Love it as-is? Move right in. Feeling a little HGTV-inspired? There's plenty of potential to put your own stamp on it.
Location? Oh, it's good. The beauty of this home is that you get peace and quiet without being stuck in the middle of nowhere. You're just a quick drive from
North Raleigh's best shopping, dining, and parks, the heart of Downtown Raleigh, where nightlife, culture, and amazing food await
and I-540, making commutes (or spontaneous road trips) an absolute breeze
So, you get all the perks of a quiet, established neighborhood while still being close enough to all the action.
Whether you're a first-time buyer, a downsizer, or someone who just loves a home with potential, 5800 Forest Drive is the kind of place that grows with you. It's got great bones, a killer location, and endless possibilities-all it needs is someone ready to make it their own.
So, what do you say? Your next adventure starts here.
Payment Calculator
Your Estimated Monthly Payment
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
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017