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933 Alma Railway Dr #553, Wake Forest, NC, 27587

3beds
3baths
1,966sqft
$377,750
$192price/sqft
$2,452/moest. monthly cost
$98,080/yrincome needed

About This Home

END UNIT with a 2-CAR GARAGE! Built by McKinley Homes--Situated in the heart of downtown with single family homes, townhomes, swimming pool and clubhouse with fitness center coming Summer 2026 and commercial space! Located inside city limits with city water & sewer. Minutes away from dining, shopping & Joyner Park! Offering upgraded LVP flooring throughout the main living! Stairway with open railing and wrought iron balusters. Kitchen: features 42'' custom white cabinets with crown molding, soft close doors and brushed nickel hardware, timeless granite countertops, subway tile backsplash, stainless sink with brushed nickel faucet, large island with barstool seating, stainless appliances, crown molding, recessed lighting and pantry! Owner's suite: with trey ceiling with crown, plush carpet, ceiling fan with light and huge walk in closet! Owner's bath: offers tile flooring, painted dual vanity with granite countertop, tile surround walk in shower and private water closet! Open and spacious family room: features LVP flooring, a linear electric fireplace with ceiling-height shiplap surround, crown molding and ceiling fan with light. A spacious upstairs loft area, large rear patio with storage room access, oversized 2-car garage and so much more!

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

8/10
Youngsville ElementaryGrades PK-51.4 mi
4/10
Cedar Creek MiddleGrades 6-83.4 mi
6/10
Franklinton HighGrades 9-125.6 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Fiber Cement

Notable Dates

  • Major remodel year: 2024

Type & Style

  • Home type: Townhouse
  • Architectural style: Transitional
  • Property subType: Townhouse,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Range,Gas Water Heater,Microwave,Self Cleaning Oven,Stainless Steel Appliance(s)
  • Laundry features: Electric Dryer Hookup,Laundry Room,Upper Level,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Bathtub/Shower Combination,Breakfast Bar,Ceiling Fan(s),Double Vanity,Entrance Foyer,Granite Counters,High Ceilings,Keeping Room,Open Floorplan,Pantry,Smooth Ceilings,Walk-In Closet(s),Walk-In Shower
  • Flooring: Carpet,Vinyl,Tile
  • Finished area below ground: 0
  • Finished area above ground: 1,966
  • Common walls with other units/homes: End Unit

Heating & Cooling

  • Heating features: Heat Pump,Natural Gas
  • Cooling features: Attic Fan,Central Air,Heat Pump

Interior Area

  • Total structure area: 1,966
  • Total interior livable area: 1,966 sqft

Property

Details

  • Parcel number: 185207514
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Association,Community,Outdoor Pool,Swimming Pool Com/Fee
  • Patio & porch: Covered,Front Porch,Porch
  • Exterior features: Rain Gutters
  • Spa features: None
  • Fencing: None
  • Has view: Yes

Lot

  • Lot size: 3,049 sqft
  • Features: Cleared,Landscaped,Level
  • Lot size dimensions: see plot plan

Parking

  • Total spaces: 4
  • Parking features: Attached,Concrete,Driveway,Garage,Garage Faces Rear
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

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

  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Winter Weather
Inland Flooding
Lightning
Strong Wind
Tornado
Cold Wave
Drought
Hail
Heat Wave
Ice Storm

FEMA Declared Disasters in Franklin County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $1,910$22,920
Home Insurance *$122$1,464
Property Taxes $220$2,640
Electricity $200$2,405
Total$2,452$29,424
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$84,068/yr
40% on housing$73,560/yr
45% on housing$65,386/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

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.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$192This listing

vs Other Active Listings

Avg $/sqft

ZIP 27587$212
Franklin County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 27587$214
Franklin County$208

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

DateEventPrice
2025-12-30Listed for sale$399,900
2024-10-20Listing removed$431,450
2024-09-20Listed for sale$431,450

New Construction

AgentJim Allen
BrokerageColdwell Banker HPW

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