109 Olde Tree Drive
About This Property
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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 30, 2026 | Sold | ||
| Sold | |||
| Jun 21, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Listed by Compass -- Cary | $699,000 | |
| Listed by Compass -- Cary | |||
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 19, 2024 | Listed by Cornerstone Properties | $550,000 | |
| Listed by Cornerstone Properties | |||
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Welcome to this spacious Cary home nestled in a vibrant neighborhood known for its charm and convenience. Boasting a 35x15 in-ground pool, this backyard oasis is complemented by a surrounding patio, a 16x11 brick grilling patio, and a 22x11 deck, perfect for entertaining or enjoying quiet evenings under the stars. Say goodbye to pesky mosquitoes with the built-in misting system, enhancing your outdoor experience.
Inside, the primary bathroom offers a serene retreat with a garden tub and separate shower. Large bonus room over garage offers plenty of space for gatherings, toys, etc.
This home exudes comfort and functionality, with ample space for both relaxation and recreation. Don't miss the opportunity to make this your own slice of paradise in Cary.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017