861 Central Park Drive
About This Property
Designer touches, quartz countertops, spacious living space and a 2-car garage for everyday ease.
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.
The Magician where comfort and cool collide.
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 |
|---|---|---|---|
| Aug 28, 2026 | Sold | ||
| Sold | |||
| Apr 6, 2026 | In contract | - | |
| In contract | |||
| Apr 4, 2026 | Price Increased |
$379,550
↑ $2K
(0.5%) | |
| Price Increased | |||
| Mar 10, 2026 | Price Increased |
$377,550
↑ $1K
(0.3%) | |
| Price Increased | |||
| Feb 18, 2026 | Price Increased |
$376,550
↑ $19K
(5.3%) | |
| Price Increased | |||
Property Highlights
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Price/ft²
Listed On
Sold On
About Wake
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$2,195 /mo
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$2,400 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017