879 Central Park Drive
About This Property
And the vibe? Think warm textures, clean lines, and a touch of ''how did they think of that?'' charm. Cozy without being cliche. Elevated without trying too hard. From the sun-soaked living room to the dreamy primary suite, every corner whispers, ''You deserve this.'' This isn't a floor plan -- it's a whole mood.
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 |
|---|---|---|---|
| Jul 29, 2026 | Sold | ||
| Sold | |||
| Mar 17, 2026 | In contract | - | |
| In contract | |||
| Mar 10, 2026 | Price Increased |
$359,250
↑ $1K
(0.3%) | |
| Price Increased | |||
| Feb 24, 2026 | Price Increased |
$358,250
↑ $1K
(0.3%) | |
| Price Increased | |||
| Feb 14, 2026 | Relisted | $357,250 | |
| Relisted | |||
Property Highlights
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Listed On
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About Wake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017