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716 Grayhaven Place
About This Property
The heart of the home is a well-appointed kitchen featuring stone countertops, a large center island, and stainless steel appliances-ready for everything from casual breakfasts to weekend entertaining.
Upstairs, you'll find two additional bedrooms and a flexible loft space perfect for working from home, movie nights, or simply spreading out.
A covered porch, private lot, and two-car garage (with EV-ready options) round out the home's conveniences. Even better-there's still time to personalize the interior finishes and make it truly yours.
Enjoy easy access to Downtown Raleigh, I-440/40, RTP, and RDU Airport - plus you're just minutes from Fenton, North Hills, Umstead Park, and popular local sports complexes.
Don't miss this rare opportunity to own a brand-new home in one of Raleigh's most convenient and desirable locations.
The Cottages at Powell Park is an intimate collection of just 15 thoughtfully crafted cottage-style homes, set in a scenic, park-like setting. Designed with modern living in mind, each home features open-concept layouts and a choice of floorplans with luxurious primary suites on either the main or second level - giving you the flexibility to live your way.
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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 1, 2026 | Sold | ||
| Sold | |||
| Dec 27, 2025 | Listed by Corcoran DeRonja Real Estate | $686,150 | |
| Listed by Corcoran DeRonja Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017