Wesley Chesson III And Janet Chesson Sell Raleigh Home For $5.3 Million With Berkshire Hathaway
1028 Marlowe Road
$5,300,000
$727/SF
Building Size
7,285 SF
Asset Type
Single Family
Closing
Jul 22, 2026
AI
The property located at 1028 Marlowe Road is a single-family home situated on a 0.83-acre lot in Raleigh, NC. This luxury residence features 7,285 square feet of space and includes 5 bedrooms. The property was sold for $5,300,000, equating to $728 per square foot.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,300,000
- Square Footage: 7,285 SF
- Address: 1028 Marlowe Road
- Market: Raleigh, NC
- Acres: 0.83
- Seller: Wesley Chesson III & Janet Chesson
- Broker: Runyon Tyler - Berkshire Hathaway HomeServices
Wesley Chesson III, a former Duke football and NFL player, sold the property after it went under contract within five days of being listed. The home was purchased by a local couple, marking a significant transaction in the Williamsborough neighborhood.
Players
Marlowe Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93