563 Fosterton Cottage Way, Raleigh, NC 27603

Welcome to your brand new home in the Exchange at 401, just minutes from Downtown Raleigh! This 5-bedroom, 3-bath residence, built in April 2025, blends modern design, comfort, and convenience with community amenities for the whole family. Key Features: Spacious Layout: Open-concept floor plan with smooth ceilings, formal dining room, versatile loft, and enclosed patio. First-Floor Suite & Office: Includes one bedroom, a full bath, and a private office on the main level. Expanded Kitchen: Modern gray finishes, ample counter space, and open flow to living areas ideal for everyday cooking and gatherings. An entire new wall of cabinets was added for a C-shaped spacious kitchen. Energy Efficiency: Built with energy-saving features to help reduce utility costs. Ample Storage: Generous closet space throughout. Community Amenities: Pool, playground, and green areas for relaxation and recreation. Prime Location: Close to the new Costco, shopping, dining, and major conveniences. Tenant Requirements: No pets, no smoking, no subleasing Tenant responsible for lawn care, water, electricity, gas, and trash. Landlord provides internet. Lease duration: 12 months minimum Monthly rent: $2,750 (due on the 1st of each month) Move-in costs: First + Last + Security deposit HOA fee: $73/month (tenant responsibility; includes access to pool, playground, and community green areas) Utilities & services: Tenant pays: water, electricity, gas, trash, yard care Landlord pays: internet and pest control Rules & policies: No pets, No smoking, No subleasing allowed Maintenance responsibilities: Tenant handles yard care; landlord covers major repairs Renewal & termination: 60-day notice required for move-out; early termination penalties apply