29
Map
$340,000
●
House -
For Sale
8832 Reigate Lane
Raleigh, NC 27603
3 Beds
2 Baths
1,362 Ft²
$1,839
Est. Monthly
About This Property
Cathedral ceilings, natural light and an inviting layout welcome
you to this 3-bedroom, 2-bath ranch in Woods of Ashbury. Set on
approximately 0.21 acres, the home offers comfortable living on one
level with luxury vinyl flooring and a living room fireplace. The
kitchen features quartz countertops, stainless steel appliances and
updated lighting, while a separate dining room provides a dedicated
space for everyday meals and entertaining. Both bathrooms feature
marble vanities, while the primary bath adds distinctive tilework.
Enjoy the outdoors from the covered front porch or rear deck, and
make the most of the fenced backyard. A storage shed offers
convenient space for tools, lawn equipment and seasonal items.
Conveniently located in South Raleigh with easy access to shopping,
dining and major roadways.
Unit Size
1,362 Ft²
Days on Market
4 days
Land Size
0.21 acres
Price per sqft
$250
Property Type
House
Property Taxes
$169
HOA Dues
-
Year Built
1999
Listed By
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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: 4 days ago (TMLS #10200011)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2026 | Listed by DASH Carolina | $340,000 | |
| Listed by DASH Carolina | |||
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
| Oct 23, 2025 | Listed by EXP Realty LLC | $330,000 | |
| Listed by EXP Realty LLC | |||
| | |||
|
Welcome home to this beautifully updated one-level gem in The Woods of Ashbury! Every inch of this property has been refreshed with modern finishes and timeless charm. Step inside to discover 9-inch wide plank luxury vinyl flooring, vaulted ceilings that fill the home with natural light, and an open, airy layout perfect for effortless living. The kitchen boasts stunning Carrara marble countertops, stainless steel appliances, and all-new designer lighting. Both bathrooms feature custom marble vanities, and show-stopping tilework in the master, adding a touch of spa-like elegance. Fresh interior paint throughout ties the entire home together in crisp, modern tones. Outside, enjoy a new fully fenced backyard, detached one-car garage, and peaceful setting just minutes from everyday conveniences, shopping, and major highways. This move-in-ready home offers low-maintenance living in one of South Raleigh's most desirable locations — schedule your showing today before it's gone!
| |||
| Apr 30, 2018 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Concrete, Driveway, Garage Faces Front
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Walk-In Closet(s), Bathtub/Shower Combination, Primary Downstairs, Quartz Counters
Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s)
Flooring Type: Vinyl
Laundry Features: Main Level
Rooms: 6
Has Fireplace
Fireplace Features: Gas Log, Living Room, Propane, Prefabricated
Exterior Details
Square Footage: 1362
Security Features: Smoke Detector(s)
Architectural Style: Ranch
Year Built: 1999
Building Area Total: 1362
Levels: One
Other Structures: Shed(s), Storage
Window Features: Insulated Windows
Construction Materials: Vinyl Siding
Patio and Porch Features: Covered, Deck, Front Porch
Lot Size Area: 0.21
Lot Size Units: Acres
Lot Size Acres: 0.21
Lot Size Square Feet: 9148
Water Source: Public
Financial Details
Tax Map Number: 12
Tax Assessed Value: $305,134
Tax Annual Amount: $2,033
Utilities Details
Cooling Type: Central Air, Heat Pump
Heating Type: Electric, Forced Air, Heat Pump
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Woods of Ashbury
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,895 /mo
- 3 Beds
- 2 Baths
- 1,860 ft²
$1,850 /mo
- 3 Beds
- 2 Baths
- 1,860 ft²
Listed by: Samuel Spangler Duncan, DASH Carolina
Last Updated: 4 days ago
Data Source: TMLS, MLS# 10200011
Last Updated: 4 days ago
Data Source: TMLS, MLS# 10200011
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
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