7924 Hardwick Drive
About This Property
A formal dining room, chef's kitchen with quartz counter tops, top-of-the-line stainless steel appliances with a gas cook top and a huge breakfast bar/island overlooks the family room with a fireplace and built-Ins on each side. All open to the outdoor living area that includes a fireplace, grilling station and bar.
The main floor also features a stunning primary suite with spa bath, a large walk-in shower and standalone soaking tub, a guest suite, large laundry room and mud room.
The 2nd floor features 3 bedrooms, 2 full bathrooms, a loft, game room with wet bar, and flex space. Sophisticated modern finishes are found throughout this North Raleigh 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 |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Mar 2, 2026 | In contract | - | |
| In contract | |||
| Nov 17, 2025 | Price Decreased |
$1,999,000
↓ $101K
(4.8%) | |
| Price Decreased | |||
| Sep 25, 2025 | Listed by Raleigh Custom Realty, LLC | $2,100,000 | |
| Listed by Raleigh Custom Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017