1321 Crab Orchard Dr APT 203, Raleigh, NC, 27606
About This Home
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, All the rooms are leased through June 30th 2026, 2 at $550 and 2 at $600 per month. Ongoing rates are approximately $650 per month for individual rooms or around $2300 per month for the entire unit. Don't miss this exceptional investment opportunity with excellent cash flow potential!
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1999
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: Townhouse
- Architectural style: Traditional
- Property subType: Condominium,Residential,Townhouse
Interior
Appliances
- Appliances included: Washer/Dryer,Water Heater
- Laundry features: In Unit
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Features
- Window features: Blinds
- Flooring: Vinyl
- Finished area below ground: 0
- Finished area above ground: 1,219
- Common walls with other units/homes: 1 Common Wall
Heating & Cooling
- Heating features: Central,Forced Air
- Cooling features: Ceiling Fan(s),Central Air
Interior Area
- Total structure area: 1,219
- Total interior livable area: 1,219 sqft
Property
Accessibility
- Accessibility features: Accessible Central Living Area,Accessible Common Area
Details
- Parcel number: 000
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: Three Or More
- Stories: 3
- Pool features: Community
- Exterior features: Balcony,Basketball Court
- Fencing: Other
- Has view: Yes
Parking
- Total spaces: 8
- Parking features: Parking Lot
- Has uncovered spaces: Yes
- Uncovered spaces: 8
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Wake County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,365 | $16,380 |
| Home Insurance * | $79 | $948 |
| Property Taxes | $195 | $2,340 |
| Electricity | $200 | $2,405 |
| Total | $1,839 | $22,068 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-27 | Price change | $270,000 |
| 2026-01-30 | Price change | $275,000 |
| 2025-12-13 | Price change | $278,000 |
| 2025-08-13 | Price change | $285,000 |
| 2025-04-26 | Listed for sale | $290,000 |
| 2021-02-09 | Sold | $201,000 |
| 2021-01-19 | Contingent | $195,000 |
| 2021-01-14 | Listed for sale | $195,000 |
| 2018-04-10 | Sold | $139,000 |
| 2009-05-15 | Sold | $99,000 |
| 1999-08-12 | Sold | $115,500 |
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