7808 Sandy Bottom Way
About This Property
2 secondary bedrooms on this floor share a hall bathroom with a tub/tiled shower combo with dual vanities. The laundry room is conveniently located on the 2nd floor. The bonus space is large and has a closet so it could be a bedroom space as well. Backstairs from the bonus led to the kitchen. NEW CARPET on the 2nd floor. The 3rd floor has a finished bedroom/flex space and LARGE unfinished attic space. 1st floor & 2nd floor WINDOWS have all been REPLACED. (1st floor replaced with Pella. 2nd floor windows were all replaced as well. (Only windows not replaced are small windows on 3rd floor.) Home has NEWER HVAC (2019) and new furnace in 2025. Exterior painted in 2021. Almost all of the interior has FRESH PAINT. Home has inground termite prevention canisters & has quarterly pest control. Garage is extra LARGE and has a perfect area for a workbench. There is also a nice size storage space for keeping things tidy! Enjoy hosting family & friends on the LARGE deck and private backyard! Home has been loved and maintained by original owners. Thoughtful upgrades add to the appeal, while neighborhood sidewalks invite evening strolls. Located just minutes to RDU airport, bike to Lake Lynn (enjoy paved walking trails around the lake, tennis courts, a ball field and community center) Crabtree Valley Mall, less than a half mile to 7 Oaks Swim & Tennis Club, minutes to Trader Joe's, scenic parks, greenway trails, SOUGHT after schools and a variety of popular dining spots this home combines natural beauty with unbeatable convenience.
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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 |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Jul 26, 2025 | In contract | - | |
| In contract | |||
| Jul 20, 2025 | Price Decreased |
$734,900
↓ $24K
(3.2%) | |
| Price Decreased | |||
| Jul 7, 2025 | Price Decreased |
$759,000
↓ $16K
(2.1%) | |
| Price Decreased | |||
| Jun 26, 2025 | Listed by Allen Tate/Raleigh-Falls Neuse | $774,900 | |
| Listed by Allen Tate/Raleigh-Falls Neuse | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017