6909 Woodmere Drive
About This Property
The home's open great room draws you in with abundant natural light and a welcoming masonry fireplace. The kitchen shines with shaker cabinetry, quartz countertops, and a large center island, ideal for casual meals, entertaining, or bringing people together while you cook. Throughout the home you'll find freshly refinished hardwoods, designer tile, updated lighting, and modern touches. The primary suite is spacious, serene, and complete with a generous walk-in shower and closet space. Two additional bedrooms offer flexibility: guest room, home office, creative space...whatever your lifestyle calls for. Most utilities and core systems are updated; newer HVAC, roof and electrical appliances for peace of mind.
The expansive lot is a standout, not just for its size, but for its adaptability. With a fully fenced backyard, there's room to garden, play, or simply unwind in privacy. Nestled in the Hidden Valley area of North Raleigh, but without the traffic or noise, you get privacy and convenience. Minutes to shopping, dining, parks, great schools, and all that North Raleigh amenities offer, plus quiet streets, mature landscaping, and a community feel that welcomes evening strolls or quiet weekend time.
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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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Nov 17, 2025 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | Price Decreased |
$699,000
↓ $30K
(4.1%) | |
| Price Decreased | |||
| Oct 16, 2025 | Listed by NextHome Triangle Properties | $729,000 | |
| Listed by NextHome Triangle Properties | |||
| Apr 13, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017