$383,000
●
House -
Off Market
8805 Stage Ford Road
Raleigh, NC 27615
4 Beds
2 Baths,
1
Half Bath
2,730 Ft²
$646,320
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model
About This Property
Stunning and beautifully updated custom home on huge wooded lot
with sun filled floor plan! This amazing home features all formal
area, heavy crown moldings, tons of hardwood floors and a versatile
floor plan with generous sized rooms. Fenced yard with plenty of
space, over-sized custom deck for entertainment with bench and a
heavily wooded lot in the back for added privacy! Huge bonus room,
whole house fan and walk up attic! Home is impeccable and shows
beautifully!
Unit Size
2,730 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$147
Property Type
House
Property Taxes
$203
HOA Dues
$70
Year Built
1982
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (TMLS #2110871)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| May 16, 2025 | In contract | - | |
| In contract | |||
| May 9, 2025 | Price Decreased |
$699,900
↓ $15K
(2.1%) | |
| Price Decreased | |||
| Apr 30, 2025 | Price Decreased |
$715,000
↓ $24K
(3.3%) | |
| Price Decreased | |||
| Apr 18, 2025 | Listed by Compass -- Raleigh | $739,000 | |
| Listed by Compass -- Raleigh | |||
| | |||
|
Charming light-filled 4BR 2.5BA home is ideally situated in a highly sought-after North Raleigh neighborhood offering close proximity to shopping (New Trader Joe's, Whole Foods, Target) and restaurants. Sitting upon a rare, 1.3 acre private, wooded lot, Featuring an updated Kitchen and Baths, open floor plan -ideal for entertaining! Formal and Informal Dining areas. Large Bonus Room over 2-Car Garage Walk-up attic. Fenced back yard with fire pit. Huge custom deck with Pergola. All bedrooms uptairs. Home Warranty. Excellent community amenities include a pool, tennis, BB courts, pond. Excellent location between Strickland and 540!
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Sold On
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HOA + Taxes
About Heritage Point
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Thomas Wohl, Preferred Associates
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2110871
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2110871
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