73 Gemith Court
About This Property
Welcome home to this stunning 3-bedroom, 2.5-bath property that exudes true Southern charm and thoughtful design. From the moment you step inside, you'll be greeted by an inviting entryway that opens to a spacious, open concept living area. The formal dining room features eye catching herringbone shiplap detailing, perfect for entertaining in style. The chef's kitchen is beautifully appointed with granite countertops, white cabinetry, subway tile backsplash, stainless steel appliances, and LVP flooring that flows seamlessly throughout the main level. A convenient drop zone off the garage adds everyday functionality. Upgrades include Bluetooth surround sound on the main floor. Upstairs, you'll find an expansive primary suite complete with a luxurious ensuite bath and large walk-in closet. A loft area offers flexible space for a home office, playroom, or media area. Two additional bedrooms each with generous closets provide plenty of room for family or guests.
Step outside to enjoy the private, fenced backyard, featuring an extended patio and outdoor fireplace perfect for cozy autumn evenings under the stars.
Located just minutes from the new I-40 exit off Cleveland School Road, this home offers an easy commute to Raleigh while still maintaining that warm, community feel. Out door storage shed and playground convey. Don't miss your chance to call this beautifully detailed home yours! Seller has partnered with a preferred lender, giving a preferred lender concession at closing. Please ask Agent for details.
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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 9, 2025 | Sold | ||
| Sold | |||
| Nov 5, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Price Decreased |
$414,900
↓ $4K
(1%) | |
| Price Decreased | |||
| Oct 23, 2025 | Listed by FAB Real Estate Services, LLC | $419,000 | |
| Listed by FAB Real Estate Services, LLC | |||
| Oct 9, 2025 | Price Decreased |
$419,000
↓ $6K
(1.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017