$284,800
●
House -
Off Market
1017 Plantation Drive
Cary, NC 27511
4 Beds
3 Baths
2,044 Ft²
$473,446
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
Hard to find Cary home under $300,000. 2044 heated sq ft, 4
bedrooms, bonus room area (has fireplace) and 3 full baths. Home is
on .38 acres and has a fenced backyard and shed. Updates done
between 2009-2017 are the roof, tankless water heater, attic
insulation, HVAC furnace, updated kitchen including double oven,
laundry room/mudroom addition, interior paint and carpet. No HOA. 1
years buyer home warranty included.
Unit Size
2,044 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$144
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1967
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (TMLS #2122503)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 29, 2024 | No longer available | - | |
| No longer available | |||
| Dec 3, 2023 | Listed by Leonard Dion Gambles | $400,000 | |
| Listed by Leonard Dion Gambles | |||
| | |||
|
Great home opportunity on with tremendous potential. Unbeatable location in the heart of Cary. Great layout features Family Room, Dining Room, Large Mudroom/Laundry, and Kitchen on first level. Kitchen features granite counters and upgrade cabinets, stainless refrigerator conveys. Large Dining Room and Family Room. Upper level features Primary Bedroom with en suite bath, Two spacious Bedrooms, and Full Bathroom. Lower level features Bedroom, Full Bathroom, and Bonus Room with fireplace and exterior entrance to deck. Fenced backyard features brick patio, storage shed, and huge backyard area. Convenient location near shopping, dining, downtown Cary, and Wake Med. PRICE REDUCED. The manager has listed the unit size as 2008 square feet.
| |||
| Oct 16, 2023 | Sold | ||
| Sold | |||
| Jun 5, 2023 | Listed by Robbins and Associates Realty | $400,000 | |
| Listed by Robbins and Associates Realty | |||
| Jun 23, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Plantation Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Stan Partin, Robbins and Associates Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2122503
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2122503
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