61
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829 Penncross Drive
About This Property
The spacious family room, complete with a cozy fireplace, opens effortlessly to an expansive deck and view of the wooded backyard--perfect for morning coffee, weekend gatherings, or relaxing evenings outdoors. The fenced backyard offers privacy and plenty of room to play, garden, or unwind.
Upstairs, the primary suite provides a peaceful retreat with a private bath featuring dual vanities, a soaking tub, separate shower, and a generous walk-in closet. Additional highlights include a two car garage, backyard storage shed, and a convenient location close to shopping, dining, and easy access to I-440.
Recent property updates include the vinyl siding and windows in 2024, the electric water heater in 2021, and the roof and gutters in 2018.
Enjoy nearby community amenities, including a pool and clubhouse, adding to the lifestyle this home offers. Move-in ready and full of charm--come see it for yourself and imagine making it yours!
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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 |
|---|---|---|---|
| Jul 30, 2026 | Sold | ||
| Sold | |||
| Apr 29, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2026 | Price Decreased |
$400,000
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Mar 19, 2026 | Listed by Linda Craft Team, REALTORS | $415,000 | |
| Listed by Linda Craft Team, REALTORS | |||
| Apr 18, 2008 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Southeast Raleigh
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017