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Updated 12 hours ago

Sparkling & Affordable 2 Bedroom N. Raleigh Townhome


7424 Penny Hill Ln Raleigh, NC

2 Bed
2 Bath

1,200 Sq. Ft.
2 Beds • 2 Bath
$1,530
1200 ft2
1 Available
Managed By: Schambs Property Management Group, Inc.
Sparkling & Affordable 2 Bedroom N. Raleigh Townhome
$1,530
Available: Ask
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Description

ABOUT THIS HOME

This stellar North Raleigh townhome is nestled in a prime locale and ready for immediate occupancy. 7424 Penny Hill Lane offers remarkable privacy not easily found in this busy part of town. Reserved parking right out front, and a covered front porch welcomes you into an interior featuring neutral paint and attractive plank flooring throughout the main level. A bright and functional kitchen boasts ample cabinetry and an adjacent dining area that seamlessly intertwines with a 19x12 family room complete with a cozy gas log fireplace. The family room also leads out to an over-sized, 16x10 rear deck overlooking a private backyard area. Upstairs you'll find both bedrooms. Each includes a walk-in closet as well as double windows, plank flooring (no carpet upstairs either) and a private, en-suite bathroom. Rent includes the use of a full size washer/dryer/refrigerator as well as lawn maintenance and access to the sparkling community pool and tennis courts that are conveniently located less than 1 minute from your front door!



PROPERTY FEATURES



Availability: Available for immediate occupancy

Rent Includes: Take back your weekends! Rent includes all lawn and exterior maintenance

Location: Amazing N. Raleigh location convenient to everything

Hardwood Laminate Floors: Gorgeous hardwood laminate floors grace entire first and second levels

Lease Term: 12 or 24 month lease terms available

Pet Friendly: Owner will consider one dog 30# or smaller OR one cat. No puppies or kittens, pets must be neutered/spayed, $300 additional security deposit required.

Private Backyard: Hard to find private backyard can be enjoyed from the huge 16' x 10' rear deck

Ample Parking: Huge parking lot with plenty of room for guest parking

All Appliances Included: Rent includes a full size refrigerator, washer and dryer

Community Amenities: Your rental payment includes access to the community pool and tennis courts

NOTES: We do not advertise on Facebook or Craigslist. All applications must be completed at SPMtrianglerentals.com

Additional Details
Contact Name: SPM Rental Representative
Total Unit Count: 1
Last Updated: Updated 12 hours ago
Contact Number: (919) 809-6065
Property manager information
Schambs Property Management Group, Inc.
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AT&T Inc. 1000.0 1000.0
Charter Communications 940.0 35.0
AT&T Inc. 100.0 20.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Sparkling & Affordable 2 Bedroom N. Raleigh Townhome by bedroom type below.
2 Bedroom
Suggested income:
$55,100
per year
Rent report

Sparkling & Affordable 2 Bedroom N. Raleigh Townhome Rent vs. Raleigh Average

 Sparkling & Affordable 2 Bedroom N. Raleigh Townhome      Raleigh Average
2BR
$1,530
$1,965
$0
$650
$1,300
$1,950
$2,600

Sparkling & Affordable 2 Bedroom N. Raleigh Townhome is asking 22% less than the average 2 bedroom apartment in Raleigh.

If you upsized to an average priced Raleigh 3 bedroom apartment, you would pay 4% more per month.

If you downsized to an average priced Raleigh 1 bedroom apartment, you would pay 34% less per month.

Sparkling & Affordable 2 Bedroom N. Raleigh Townhome provides 10% more square footage than the average Raleigh 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Sparkling & Affordable 2 Bedroom N. Raleigh Townhome
2BR $1,530 $1.30 $4,590
Raleigh Average
Studio $1,762 $3.00 $5,286
1BR $1,465 $1.90 $4,395
2BR $1,965 $1.80 $5,895
3BR $2,051 $1.40 $6,153
4BR $2,321 $1.10 $6,964

Availability in Raleigh

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,501 1BR units on the market in Raleigh. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
7% 41% 35% 12% 3%
Available Units in Raleigh
Studio 270
1BR 1,501
2BR 1,251
3BR 452
4BR 121
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Wakemed North 2.97 mi.
Duke Health Raleigh Hospital 4.0 mi.
Rex Hospital 5.76 mi.
Nearby Fire Stations
Name Distance
Richmond Carolina Fire District 1.37 mi.
Bay Leaf Volunteer Fire Department 1.39 mi.
Raleigh Fire Department 3.28 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months.
What's the square footage of the available units?
It's 1,200 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
Where is this property located?
This property is at 7424 Penny Hill Ln in Raleigh, NC. It's 7.2 miles north from the center of Raleigh.
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