$1,200,000
●
House -
Off Market
612 Walters Drive
Wake Forest, NC 27587
4 Beds
4 Baths,
1
Half Bath
3,586 Ft²
$6,606
Est. Monthly
$24
HOA / Fees
1.59%
Cap Rate
About This Property
Nestled in Heritage subdivision, this stunning home offers luxury
living w/ breathtaking views of hole #6 and serene pond in your
backyard. The meticulously maintained home features a spacious
primary suite on the main floor, complete w/ a gorgeous timeless
bathroom boasting beautiful Carrera marble countertops. The sunroom
is a true retreat & possibly the BEST room in the home with EZ
Breeze windows & cozy second fireplace, providing a perfect spot to
enjoy the picturesque scenery year-round. Two additional bedrooms &
a convenient laundry room are also on the main floor. The gourmet
kitchen flows effortlessly into the living and dining areas, making
it ideal for entertaining. Upstairs, you'll find an additional
bedroom plus a versatile bonus room. With an unbelievable amount of
unfinished storage space...2723sf studded and rough plumbed
basement & over 1400sf walk-in attic... this home has room to grow.
Whether you're enjoying the peaceful views, relaxing by the
fireplace, or exploring the neighborhood, this home is a one of a
kind in Heritage.
Unit Size
3,586 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$335
Property Type
House
Property Taxes
$689
HOA Dues
$24
Year Built
2014
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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: 2 years ago (TMLS #10052109)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Nov 5, 2024 | Relisted | $1,200,000 | |
| Relisted | |||
| Nov 3, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by Real Broker, LLC | $1,200,000 | |
| Listed by Real Broker, LLC | |||
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Property Highlights
Garage
Air Conditioning
With View
Fireplace
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 Heritage North
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Listed by: Peter Kima, Real Broker, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10052109
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10052109
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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