706 Harvey Street
Five Points · Raleigh, NC 27608
$1,075,000
$363 per sq ft
- 4bedrooms
- 3.5bathrooms
- 2,960sq ft
- 0.21acre lot
- 1938built
- NoneHOA / mo
Cape Cod with a 2016 rear addition that doubled the ground floor
The original 1938 front of the house is intact — plaster walls, a wood-burning fireplace, and the stair with its turned newel post. Behind it, a 2016 addition adds an open kitchen and family room with a wall of south-facing glass onto the garden. Four bedrooms upstairs including a primary with a 2016 en-suite. A ground-floor room off the entry is currently used as an office and has its own door to the porch. Two-car detached garage with a floored loft.
- 2016 rear addition, permitted and inspected
- Original fireplace and plaster in the front rooms
- Detached two-car garage with loft
- Irrigated garden with an established boxwood hedge
What this house has
- Hardwood floors
- Renovated kitchen
- Fireplace
- Home office
- Garage
- No HOA
- Fenced yard
The numbers
| Listing ID | HS-1002 |
|---|---|
| Property type | Single-family |
| Style | Cape Cod with 2016 rear addition |
| Status | Active |
| Bedrooms | 4 |
| Bathrooms | 3.5 (3 full, 1 half) |
| Interior | 2,960 sq ft |
| Price per sq ft | $363 |
| Lot | 0.21 acre |
| Year built | 1938 |
| HOA / condo fee | None |
| Estimated tax rate | 1.0075% of value per year |
| Listed on | August 11, 2026 |
| Days on market | 24 |
| County | Wake County, NC |
| Coordinates | 35.8081, -78.6462 |
Five Points
A grid of pre-war streets north-west of downtown built out between the 1920s and the 1940s, so almost everything here is a bungalow, a Cape Cod or a small two-storey on a modest city lot.
- Housing stock Craftsman bungalows and Cape Cods, 1,100–2,200 sq ft, many with rear additions from the 2000s onward. A handful of infill new builds on subdivided lots.
- Typical lot 0.13–0.22 acre, mostly rectangular, alley access on some blocks
- Getting about About 2.5 miles to the State Capitol; roughly 12 miles to RTP via I-440 and I-40.
Assigned schools
These are the base schools currently assigned to this address by Wake County Public School System. We list assignment as a fact and nothing more — we do not rate, rank or compare schools, and no one at Homestead will, because doing so is how housing discrimination happens in practice. Judge them yourself.
- ElementaryLacy Elementary
- MiddleMartin Middle
- HighBroughton High
- DistrictWake County Public School System
Attendance areas are reassigned periodically and a base assignment can change before you close. Verify the current assignment directly with Wake County Public School System before you rely on it.
What this would cost a month
Change any number. Nothing here is a quote — it is arithmetic.
$7,717
estimated total monthly ·$967,500 borrowed
- Principal and interest
- $6,083
- Property tax
- $903
- Homeowner’s insurance
- $288
- HOA / condo fee
- $0
- Mortgage insurance (PMI)
- $443
Under 20% down, so private mortgage insurance is included at an estimated 0.55% of the loan a year. On a conventional loan it comes off automatically once you reach 78% loan-to-value, and you can usually request removal at 80%. On most FHA loans it stays for the life of the loan.
Over the full term you would pay about $1,222,552 in interest, assuming you never pay extra and never refinance.
Estimates only. Actual rates depend on credit, loan type and the day. Wake County property tax is reassessed on a four-year cycle, so a recent revaluation can move the tax line. Talk to a lender for a real quote — we can introduce you to three.
Scored on this data, not hand-picked
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