$735,185
●
House -
Off Market
724 Grayhaven Place
Raleigh, NC 27606
3 Beds
2 Baths,
1
Half Bath
1,791 Ft²
$3,877
Est. Monthly
$373
HOA / Fees
About This Property
An exclusive collection of 15 beautifully crafted cottage-style
homes set in a picturesque, park-like setting. Thoughtfully
designed with modern living in mind, these open-concept homes offer
multiple floorplans, each featuring a luxurious primary suite on
either the main or second level-perfect for flexibility and
comfort.
With 3 bedrooms and 2.5 baths, these homes boast chef's kitchens with oversized islands, stone countertops, and stainless-steel appliances. Spacious rooms, covered porches, and cultivated greenspace create an inviting atmosphere both inside and out. Select floorplans include a versatile loft, and every home features a two-car garage with electric vehicle options for added convenience.
Ideally located with easy access to Downtown Raleigh, I-440/40, RTP, and RDU Airport, these homes are just minutes from Fenton Shopping, North Hills, Umstead Park, and local sports parks.
This is a rare opportunity to own a stunning new home in a highly desirable location.
With 3 bedrooms and 2.5 baths, these homes boast chef's kitchens with oversized islands, stone countertops, and stainless-steel appliances. Spacious rooms, covered porches, and cultivated greenspace create an inviting atmosphere both inside and out. Select floorplans include a versatile loft, and every home features a two-car garage with electric vehicle options for added convenience.
Ideally located with easy access to Downtown Raleigh, I-440/40, RTP, and RDU Airport, these homes are just minutes from Fenton Shopping, North Hills, Umstead Park, and local sports parks.
This is a rare opportunity to own a stunning new home in a highly desirable location.
Unit Size
1,791 Ft²
Days on Market
-
Land Size
-
Price per sqft
$398
Property Type
House
Property Taxes
-
HOA Dues
$373
Year Built
-
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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: 8 months ago (TMLS #10090934)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 20, 2026 | Sold | ||
| Sold | |||
| Jun 4, 2025 | Price Increased |
$713,515
↑ $33K
(4.8%) | |
| Price Increased | |||
| Jun 4, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Listed by Corcoran DeRonja Real Estate | $680,900 | |
| Listed by Corcoran DeRonja Real Estate | |||
Property Highlights
Garage
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Southwest Raleigh
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Listed by: Frank DeRonja, Corcoran DeRonja Real Estate
Last Updated: 8 months ago
Data Source: TMLS, MLS# 10090934
Last Updated: 8 months ago
Data Source: TMLS, MLS# 10090934
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