35
Map
$503,000
●
House -
Off Market
7217 St Ledger Drive
Raleigh, NC 27613
3 Beds
2 Baths
1,459 Ft²
$2,893
Est. Monthly
About This Property
Adorable, fully renovated ranch in the desirable Hampton Oaks
neighborhood of North Raleigh! Rebuilt from the original studs and
foundation in 2021-2022, this move-in ready home offers the perfect
blend of modern style and peace of mind. The open-concept floor
plan features a spacious living area that flows seamlessly into the
beautifully updated kitchen, creating an ideal space for everyday
living and entertaining. With 3 bedrooms and 2 updated bathrooms,
you'll find quality finishes throughout. Step outside to the patio
overlooking a large, level, fully fenced backyard offering privacy
and plenty of room to relax, play, or garden. A spacious
shed/workshop provides endless possibilities as a workshop, hobby
space, or the perfect "She Shed" or "Man Cave." Major updates
include the roof, HVAC, water heater, siding, electrical,
cabinetry, appliances, and more making this home feel like new
without the new construction price tag. A rare opportunity in a
sought-after North Raleigh location!
Unit Size
1,459 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$360
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1978
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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: 4 months ago (TMLS #10176765)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2026 | Sold | ||
| Sold | |||
| Jul 11, 2026 | In contract | - | |
| In contract | |||
| Jun 26, 2026 | Listed by Howard Hanna Allen Tate Raleigh Falls of Neuse | $525,000 | |
| Listed by Howard Hanna Allen Tate Raleigh Falls of Neuse | |||
| May 13, 2022 | Sold | ||
| Sold | |||
| Apr 7, 2022 | Listed by Howard Hanna Allen Tate Raleigh Falls of Neuse | $489,000 | |
| Listed by Howard Hanna Allen Tate Raleigh Falls of Neuse | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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ft²
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HOA + Taxes
About Northwest Raleigh
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Listed by: Lori Walls, Howard Hanna Allen Tate Raleigh Falls of Neuse
Last Updated: 4 months ago
Data Source: TMLS, MLS# 10176765
Last Updated: 4 months ago
Data Source: TMLS, MLS# 10176765
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