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    Luxury Townhome Backing to Greenway Title is generated by Realmo AI

    1328 Bessie Court, Wake Forest, NC 27587

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    For Sale
    $359,900

    End-unit townhome with greenway access in Wake Forest neighborhood.

    Type:Condo/Townhome
    Property size:
    1,820 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $197/SF
    Added:
    Mar 24, 2026
    Days on Market:
    103
    Last Refresh:
    Apr 6 at 1:29 am

    Property Features for 1328 Bessie Court

    General Information

    Standard status
    Active
    Size
    1,820 SF
    Lot size
    0.04 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    2024

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    Tyler Alan Kick

    Listing office Drees Homes

    Listing date Mar 24, 2026

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Drees Homes

    HighLights

    • End Unit backing to Greenway and Woods
    • Luxury Townhome in Coveted Wake Forest Neighborhood
    • 1,820 sq ft with 3 Bedrooms and 2.5 Baths
    • Includes Home Office and Loft
    • 2‑Car Garage
    • New Construction: Built in 2024

    Overview

    This end-unit townhome, known as the Wilmington plan, offers 1,820 square feet of living space. The 2-story home includes 3 bedrooms, 2.5 baths, a 2-car garage, a home office, and a loft. It is located in a Wake Forest neighborhood and backs to a greenway and woods, providing greenway access. The roof has a 30 Year Warranty.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $36.0k $19.80
    − Vacancy −$2.2k −$1.19
    EGI $33.9k $18.61
    − OpEx −$15.2k −$8.38
    NOI $18.6k $10.24
    1,820 SF · lease $19.80/SF/yr · vacancy 6.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $266.2K
    $232.9K – $310.5K (±1% cap)
    NOI $18,631 @ 7.0% cap · market cap 5.18%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $519.7K
    $454.7K – $606.3K (±1% cap)
    NOI $36,376 @ 7.0% cap · market cap 10.11%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Building Supply Dental Office Furniture & Home Goods Travel Agency Acupuncture Barber Shop Shopping Center & Mall (Bike/Boat/Book/etc) Store Restaurant Bakery

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wake Forest
    County
    Wake
    State
    North Carolina
    Longitude
    -78.5355
    Latitude
    35.9666

    FAQs

    What type of property is this?
    Residential income property - End-unit townhome with greenway access in Wake Forest neighborhood.
    Where is this residential income property located?
    The property is located at 1328 Bessie Court Wake Forest, NC.
    What is the asking price?
    The asking price for this property is $359,900.
    What are key features of this property?
    This property features: End Unit backing to Greenway and Woods; Luxury Townhome in Coveted Wake Forest Neighborhood; 1,820 sq ft with 3 Bedrooms and 2.5 Baths
    More about this property
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