$498,000
●
House -
Off Market
7909 Featherstone Drive
Raleigh, NC 27615
3 Beds
2 Baths,
1
Half Bath
1,730 Ft²
$2,699
Est. Monthly
About This Property
Welcome to 7909 Featherstone, a North Raleigh home with easy access
to shopping, dining, parks, and major commuter routes including
I-540 and Falls of Neuse Road. This well-located property features
bright living spaces, a spacious family room with a wood-burning
fireplace, and an eat-in kitchen with bay window dining. Upstairs,
all bedrooms and the laundry room are conveniently located on the
same level. The generously sized primary suite includes a walk-in
closet and private bath. Secondary bedrooms offer flexibility for
guests, home office, or bonus space. Enjoy outdoor living on the
large back deck overlooking a fenced backyard, ideal for
entertaining or pets. Situated in a coveted North Raleigh
neighborhood with mature trees and established landscaping, this
home offers comfort, functionality, and a desirable location close
to everyday amenities.
Unit Size
1,730 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$280
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
1985
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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: 6 months ago (TMLS #10155435)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 22, 2026 | Sold | ||
| Sold | |||
| Mar 30, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by Hodge & Kittrell Sotheby's Int | $485,000 | |
| Listed by Hodge & Kittrell Sotheby's Int | |||
| Jun 3, 2024 | Sold | ||
| Sold | |||
| Apr 15, 2024 | Listed by Lovette Properties LLC | $448,000 | |
| Listed by Lovette Properties LLC | |||
| | |||
|
This lovely 2 story home is located just minutes from the intersection of Six Forks and Strickland. The location provides close proximity to multiple grocery stores, restaurants, and fitness options along with quick access to the I-540 beltline. The first floor has a spacious living room along with an eat-in kitchen & additional room that could be used as an office, more living space or additional dining. All three bedrooms along with a separate laundry room are located on the second floor. The lovely deck off the living room leads to the backyard and firepit which provides the perfect setting for hosting this summer. This home is move-in ready and excited for the next owners - come see for yourself!
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About North Raleigh
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Listed by: Rachel Goley Lowe, Hodge & Kittrell Sotheby's Int
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10155435
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10155435
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