6301 King Lawrence Road
About This Property
Stunning Corner Lot Multi-Generational Home in Prime Raleigh/Cary Location
Welcome to this one-of-a-kind property offering nearly 4,000 sq ft of beautifully remodeled living space designed to fit your modern lifestyle. Nestled on a desirable corner lot in a quiet neighborhood with NO HOA, this home offers flexibility, comfort, and convenience in one perfect package . Endless Possibilities: The detached garage's unfinished space provides endless options for customization-guest suite, home gym, rental potential, or creative studio. You decide! Oversized laundry room with ample storage. Two screened-in porches, covered porch, patio, and deck for year-round outdoor enjoyment. Generously sized living spaces with abundant natural light. Cozy fireplace for relaxing evenings The main level features the Primary suite with ample space and privacy for all. A finished basement ideal for additional living space, recreation, or guest accommodations and rooms for home offices This home truly has it all. Minutes from SAS, NC State University, the Lenovo Center, and Wake Med Soccer Park. Easy access to Raleigh and Cary amenities. Close to Fenton, dining, shopping, greenways, parks. Convenient to I-40, I-440, and RDU Airport
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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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2025 | Sold | ||
| Sold | |||
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Jul 1, 2025 | Price Decreased |
$699,000
↓ $51K
(6.8%) | |
| Price Decreased | |||
| Jun 6, 2025 | Price Decreased |
$750,000
↓ $29K
(3.7%) | |
| Price Decreased | |||
| Apr 10, 2025 | Price Decreased |
$779,000
↓ $21K
(2.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017