$432,000
●
House -
Off Market
7405 Pine Summit Drive
Fuquay Varina, NC 27526
3 Beds
2 Baths,
1
Half Bath
2,216 Ft²
$2,525
Est. Monthly
4.51%
Cap Rate
About This Property
Charming Home | NO HOA | Quiet Neighborhood | Freshly Painted | New
Carpet | Primary on Main | 0.72 Acre lot
Welcome to 7405 Pine Summit Drive in Fuquay-Varina! This charming 3-bedroom, 2.5-bath home with a bonus room has a fresh coat of paint and new carpets. This beautiful home offers a highly desirable main-floor primary suite and a cozy sitting nook-perfect for relaxing with a book or morning coffee. The classic brick front exterior adds timeless curb appeal, and the spacious 0.72-acre lot provides ample room for outdoor living and entertaining. Enjoy peaceful mornings or evening gatherings on the screened-in porch.
With no HOA, you'll enjoy added freedom and flexibility. Ideally located just minutes from vibrant downtown Fuquay-Varina, you'll have easy access to restaurants, shopping, breweries, and more. Fresh paint, new carpet, newer HVAC , roof, water heater and with the septic tank pumped within last year, this beautiful home is move-in ready! Don't miss this opportunity to enjoy space, convenience, and charm in one of the area's most sought-after locations!
Welcome to 7405 Pine Summit Drive in Fuquay-Varina! This charming 3-bedroom, 2.5-bath home with a bonus room has a fresh coat of paint and new carpets. This beautiful home offers a highly desirable main-floor primary suite and a cozy sitting nook-perfect for relaxing with a book or morning coffee. The classic brick front exterior adds timeless curb appeal, and the spacious 0.72-acre lot provides ample room for outdoor living and entertaining. Enjoy peaceful mornings or evening gatherings on the screened-in porch.
With no HOA, you'll enjoy added freedom and flexibility. Ideally located just minutes from vibrant downtown Fuquay-Varina, you'll have easy access to restaurants, shopping, breweries, and more. Fresh paint, new carpet, newer HVAC , roof, water heater and with the septic tank pumped within last year, this beautiful home is move-in ready! Don't miss this opportunity to enjoy space, convenience, and charm in one of the area's most sought-after locations!
Unit Size
2,216 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$208
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
2004
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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: 2 years ago (TMLS #10092355)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Aug 23, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Price Decreased |
$459,950
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jun 5, 2025 | Price Decreased |
$469,950
↓ $23K
(4.6%) | |
| Price Decreased | |||
| May 18, 2025 | Price Decreased |
$492,450
↓ $8K
(1.5%) | |
| Price Decreased | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Pine Summit
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Listed by: Giridhar Hegde, Grow Local Realty, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10092355
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10092355
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