1016 Regency Cottage Place
About This Property
Nearly 2,800 square feet of light-filled space -- a rare find at this price point in Cary -- with 10-foot ceilings, gorgeous site-finished hardwoods, and a kitchen built for real life: oversized island, vented hood, soft-close cabinetry, and a pantry that actually holds everything -- all seamlessly connected to the living space.
Four sizable bedrooms. Plenty of flexibility. A primary suite that feels like a reset button at the end of each day. Fresh paint, new lighting, brand-new carpet -- the heavy lifting is done.
Upgrades you'll appreciate long after closing -- tankless water heater, sealed and conditioned crawlspace + epoxied garage floor. And the kicker? The HOA handles exterior maintenance and landscaping. Single-family living without the weekend yard work.
Enjoy the back porch (easy to screen, if desired). Walk to the Greenway. Bike to Koka Booth or coffee. Gather in the cul-de-sac on the Fourth. Thoughtfully positioned for easy access in and out of Cary, making daily commutes simple.
Some homes are just square footage.
This one just makes sense.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 6, 2026 | Sold | ||
| Sold | |||
| May 13, 2026 | In contract | - | |
| In contract | |||
| Apr 29, 2026 | Price Decreased |
$669,000
↓ $15K
(2.2%) | |
| Price Decreased | |||
| Mar 19, 2026 | Price Decreased |
$684,000
↓ $16K
(2.3%) | |
| Price Decreased | |||
| Feb 23, 2026 | Price Decreased |
$699,999
↓ $25K
(3.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017