$350,750
●
House -
Off Market
7300 Carlton Drive
Raleigh, NC 27616
4 Beds
3 Baths
1,570 Ft²
$2,103
Est. Monthly
6.69%
Cap Rate
About This Property
Motivated seller with a new price and a $5,000 credit; use it
toward closing costs, a rate buydown, or updates! This move-in
ready Bentley Woods gem offers 4 beds, 3 baths, and 1,500+ sq ft,
beautifully upgraded in 2021 and set on nearly half an acre with no
HOA for added space and privacy. The updated eat-in kitchen
features quartz countertops, stainless steel appliances, and a
functional island, while the open layout flows into spacious living
areas and four generous bedrooms, including a primary suite with a
walk-in closet and sleek tile shower. Enjoy a fenced backyard with
a fire pit, mature trees, and ambient lighting, plus a gravel
driveway that fits 8+ cars and ample storage throughout. Perfectly
located in Raleigh near shopping, dining, and top-rated Wakefield
schools, this turnkey home is priced at $379,000 with a $5,000
seller credit; and the seller is ready to make a deal before the
holidays, so bring your best offer today. Owner-occupied;
appointment required.
Unit Size
1,570 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$241
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1971
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Cap Rate Calculator
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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: 11 months ago (TMLS #10122869)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 16, 2025 | Sold | ||
| Sold | |||
| Nov 17, 2025 | In contract | - | |
| In contract | |||
| Nov 8, 2025 | Price Decreased |
$379,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Oct 15, 2025 | Price Decreased |
$384,000
↓ $15K
(3.8%) | |
| Price Decreased | |||
| Sep 18, 2025 | Listed by EXP Realty LLC | $399,000 | |
| Listed by EXP Realty LLC | |||
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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
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 Northeast Raleigh
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Listed by: Ashelynn Burt Jones, EXP Realty LLC
Last Updated: 11 months ago
Data Source: TMLS, MLS# 10122869
Last Updated: 11 months ago
Data Source: TMLS, MLS# 10122869
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