7049 Leando Drive
About This Property
Here, you'll find endless updates and charm at every corner. The front porch welcomes you into a grand two-story foyer, making an unforgettable first impression. The first floor features a main-level guest suite and a versatile flex space ideal for a home office.
At the heart of the home, an inviting living area is anchored by a stone fireplace with custom built-ins and wrapped in windows, filling the space with natural light. The kitchen is equally impressive, featuring ceiling-height cabinetry, a gas range with pot filler, walk-in pantry, and a wet bar area designed for effortless entertaining.
Upstairs, you'll find spacious secondary bedrooms, including one with a private en suite, a loft for added flexibility, and a luxurious primary retreat. The primary suite offers a spa-like bath with separate vanities, a walk-in shower, and a custom closet.
Unwind year-round on the screened porch with its own stone fireplace--an ideal extension of your living space.
Opportunities like this, offering land, privacy, and proximity to all that Wake County has to offer, are few and far between.
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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 |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| May 17, 2026 | In contract | - | |
| In contract | |||
| May 11, 2026 | Price Decreased |
$700,000
↓ $15K
(2.1%) | |
| Price Decreased | |||
| Apr 22, 2026 | Price Decreased |
$715,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Apr 9, 2026 | Price Decreased |
$725,000
↓ $15K
(2%) | |
| Price Decreased | |||
Property Highlights
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About Wake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017