748 Shea Hill Drive
About This Property
Upstairs, you'll find four additional bedrooms, a versatile game room, and plenty of room to stretch out and relax. Whether you're hosting a movie night or enjoying some quiet time, the layout is designed to adapt to your lifestyle. Enjoy the outdoors year-round from the comfort of your screened porch, ideal for morning coffee or evening relaxation.
The Sherri Downs master-planned community offers a serene setting with exceptional amenities, including a community pool with cabana, dog park, and playground. High-speed fiber internet is included in the HOA dues for added convenience.
This beautiful community is USDA eligible and ideally located just 2 miles from downtown Angier, 5 miles from downtown Fuquay-Varina, and only 30 minutes from downtown Raleigh, making it an excellent choice for those seeking a small-town atmosphere with access to city conveniences. Located within Wake County Schools, Sherri Downs offers easy access to local parks such as Jack Marley Park, as well as shopping, dining, and entertainment in nearby historic Angier.
Photos are representative only. Features and design selections may vary. Now selling-schedule your visit today and discover why so many are choosing to call Sherri Downs home.
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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 |
|---|---|---|---|
| Feb 20, 2026 | Sold | ||
| Sold | |||
| Dec 29, 2025 | In contract | - | |
| In contract | |||
| Nov 6, 2025 | Price Decreased |
$439,990
↓ $20K
(4.3%) | |
| Price Decreased | |||
| Aug 7, 2025 | Listed by Lennar Carolinas LLC | $459,765 | |
| Listed by Lennar Carolinas LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017