1321 Crab Orchard Drive #203 Unit #203, Raleigh, NC 27606
Lakepark Condos · Wake County
Key Facts
Description
INVESTOR ALERT!!! RENTED TILL JUNE 30, 2027. Second floor 4 bedroom, 4 bathroom condo/apartment unit located near NCSU. Each bedroom suite features a private full bath and a walk-in closet in addition to the shared kitchen, laundry area, dining room, living room, and balcony. All vinyl floor and new HVAC in 2024. The Lake Park community amenities include a swimming pool, basketball court, and volleyball courts. Enjoy convenient access to the LakeJohnson Park, Avent Ferry Shopping Center, and the Go Raleigh bus line. Currently, All the rooms are leased through June 30th, 2027, two rooms at $585 and 2 at $600 per month. Ongoing rates are approximately $700 per month for individual rooms or around $2370 per month for the entire unit. Don't miss this exceptional investment opportunity with excellent cash flow potential!
Property Information
Property Type
Residential
Sub-Type
Condominium
Structure Type
Townhouse
Year Built
1999
Living Area
1,219 sq ft
Parking Spaces
8
Days on Market
448
MLS® Listing#
10092097
Property Features
Exterior
Appliances
Cooling
Heating
Flooring
Parking
Laundry
Fencing
Construction
Foundation
Roof
Windows
Community
Utilities
Sewer
Water Source
Rooms
- Master BedroomSecond
- Master BedroomSecond
Schools
- Elementary:
- Wake County Schools
- Middle:
- Wake County Schools
- High:
- Wake County Schools
Financial Details
HOA
Yes
Annual Taxes
$2,368
Tax year 2024
Assessed Value
$270,312
Parcel Number
000
Directions
From I-40 E, take exit 295 for Gorman St, use the right lane to take the ramp on Tryon Rd, turn right onto Lake Dam Rd, turn rightonto Crab Orchard Dr, building 1321 will be on the right, unit #203 is on the second floor
Affordability Calculator
$54,000
Estimated monthly payment
$1,437/mo
Principal $216,000 · Est. interest $301,339 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Raleigh, NC
- $462,477
- Median Listing Price
- 55
- Median Days on Market
- 1,963
- Median Sq Ft
- $233
- Median Price / Sq Ft
- 2,139
- Active Listings
- This home’s price is 42% below the area median.
- Its price per sq ft is 5% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Raleigh, NC.
Location
Points of Interest in Raleigh, NC
Showing the Raleigh area map.
Nearby Schools
Athens Drive High School
Secondary · 0.6 mi away
Method Child Development Center
School · 0.7 mi away
Centennial Campus Middle School
Secondary · 0.8 mi away
Combs Elementary
Elementary · 0.9 mi away
Children's Discovery Center
School · 1.2 mi away
Learn with the Best
School · 1.3 mi away
Atlas International School
School · 1.4 mi away
North Carolina Virtual Public School
School · 1.5 mi away
Dillard Drive Middle
Secondary · 1.5 mi away
Al Iman School
School · 1.9 mi away
Iar Youth
School · 2.0 mi away
Wake County Public School System
School · 2.0 mi away
Grace Christian School
Elementary · 2.0 mi away
Crossroads Flex
Secondary · 2.1 mi away
Wake Ncsu Stem Echs
School · 2.1 mi away
Swift Creek Elementary
Elementary · 2.1 mi away
Wake NC State University Stem Early College High School
School · 2.2 mi away
Bridges Program
School · 2.2 mi away
Mt Vernon Middle School
Elementary · 2.2 mi away
Little Treasures School
Secondary · 2.2 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
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| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 533 Pine Ridge Place, Raleigh, NC | $189,000 | 3 | 2 | 1,153 |
| 546 Pine Ridge Place, Raleigh, NC | $190,000 | 3 | 2 | 1,176 |
| 1008 Sandlin Place B, Raleigh, NC | $195,000 | 3 | 2 | 1,135 |
| 4719 Walden Pond Drive B, Raleigh, NC | $199,900 | 3 | 3 | 1,249 |
| 717 E Millbrook Road, Raleigh, NC | $200,000 | 3 | 3 | 1,479 |
| 1220 Manassas Court Apt B, Raleigh, NC | $208,000 | 3 | 3 | 1,598 |
Moving Cost Estimate
EXIT Agents in Raleigh
Listing Courtesy: Keller Williams Elite Realty - 9842445830
Last Updated: 2025-04-25