1321 Crab Orchard Drive Unit #203
Raleigh, NC 27606
- 4 beds
- 4 baths
- 1,219 sqft
- $237 per sqft
- 1999 build
- – on site
INVESTOR ALERT!!! 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, 3 of the rooms are leased through June 30th 2025, 2 at $550 and one at $600 per month. The remaining one room is move-in ready and available for new tenant. Ongoing rates are approximately $650 per month for individual rooms or around $2600 per month for the entire unit. Don't miss this exceptional investment opportunity with excellent cash flow potential!
Last checked:
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Checking…
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Last updated Apr 26, 2025
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MLS# 10092097 —
The Building
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Year Built:1999
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New Construction:false
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Construction Materials:Vinyl Siding
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Architectural Style:Traditional
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Roof:Shingle
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Foundation Details:Slab
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Levels:Three Or More
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Basement:false
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Common Walls:1 Common Wall
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Window Features:Blinds
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Accessibility Features:Accessible Central Living Area
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Building Area Total:1219
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Building Area Units:Square Feet
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Above Grade Finished Area:1219
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area Units:Square Feet
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Unit Number:#203
Interior
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Rooms Total:1
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Flooring:Vinyl
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Laundry Features:In Unit
Room Dimensions
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Living Area:1219
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Living Area Units:Square Feet
Financial & Terms
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Lease Term:12 Months
Location
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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
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Latitude:35.762483
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Longitude:-78.702281
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Coordinates:-78.702281, 35.762483
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Property Attached:true
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Exterior Features:Balcony
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Fencing:Other
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (919) 742-0045
- Office phone:
- (984) 244-5830
Taxes
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Tax Annual Amount:2368
Beds
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Bedrooms Total:4
Baths
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Total Baths:4
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Total Baths:4
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Total Baths:4
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Full Baths:4
The Listing
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Special Listing Conditions:Real Estate Owned
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Ceiling Fan(s)
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Cooling:true
Utilities
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Utilities:Other
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Washer/Dryer
Schools
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Elementary School:Wake County Schools
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Middle Or Junior School:Wake County Schools
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High School:Wake County Schools
The Community
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Subdivision Name:Lakepark Condos
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Community Features:Pool
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Association Amenities:Basketball Court
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Association:true
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Association Fee Includes:Pest Control
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Association Fee Frequency:Monthly
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Pool Private:false
Parking
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Garage:false
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Attached Garage:false
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Parking Features:Parking Lot
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Open Parking:true
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Open Parking Spaces:8
Monthly cost estimate
Asking price
$290,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,552
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| Taxes | $197 |
| Insurance | $79 |
| Utilities | $133 See report |
| Total | $1,961/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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4/25/25
Apr 25, 2025
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Listed / Active | DMLS | $290,000 | 44.3% (10.5% / YR) |
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2/9/21
Feb 9, 2021
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DMLS | $201,000 |
