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North Carolina

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1028 Marlowe Road

Wesley Chesson III And Janet Chesson Sell Raleigh Home For $5.3 Million With Berkshire Hathaway
SOLDSingle Family

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:

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

Runyon Tyler

Berkshire Hathaway HomeServices

Broker
Broker

Marlowe Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

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