20
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833 Central Park Drive
About This Property
Meet the Magician, where everyday living gets a little more enchanting. This 3 bed, 2.5 bath home knows how to put on a show, with an open concept main level that makes gathering feel effortless and a kitchen island ready for everything from morning rituals to late night laughs. Upstairs, the primary suite is your private escape, while the secondary rooms with Jack and Jill bathroom happily shape shift guest room, office, creative nook...you decide. A detached 2 car garage and clever storage keep the behind-the-scenes running smoothly.
Tucked into the vibrant rhythm of Allen Park in Raleigh, this home blends bold design with playful charm, inviting you to live a little lighter, brighter, and more inspired. Because in the Magician, it's not just about where you live, it's about how it feels.
Then step outside to a neighborhood that feels like vacation: pool, clubhouse, pickleball, trails, playground, dog park, fire pit, bocce ball, and more all surrounded by lush green space.
1.6 Miles to Publix
1.7 Miles to Target
6.5 Miles to WakeMed
4.3 Miles to Lowes Foods
8 Miles to Downtown Raleigh
Milburnie Park - Neuse River Trail 4.1 miles
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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 |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| May 21, 2026 | In contract | - | |
| In contract | |||
| May 7, 2026 | Price Decreased |
$386,300
↓ $2K
(0.5%) | |
| Price Decreased | |||
| May 6, 2026 | Price Increased |
$388,300
↑ $7K
(1.7%) | |
| Price Increased | |||
| May 4, 2026 | Listed by Garman Homes LLC | $381,800 | |
| Listed by Garman Homes LLC | |||
Property Highlights
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Price/ft²
Listed On
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About Northeast Raleigh
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017