1105 Manchester Drive
About This Property
Upon entering, you'll be greeted by a thoughtfully designed first floor that embraces privacy and split level elegance. The living room, dining area, and kitchen are distinct spaces, each offering its own character and space for intimate gatherings or quiet moments. The kitchen, a chef's delight with ample cabinetry and countertops, seamlessly connects to a spacious screened porch and an expansive deck, inviting you to extend your living outdoors into the lush privacy of your backyard.
The primary bedroom, a true retreat, boasts an en suite bathroom with all the comforts you could desire. Two additional bedrooms and a full bathroom complete this level, providing ample room for family or guests, ensuring everyone has their own space to relax.
Descend to the walk-out basement, where versatility and comfort continue. Here, you'll find a spacious bonus room warmed by a cozy fireplace, perfect for movie nights, a game room, or whatever your heart desires. An office space caters to those working from home or needing a quiet study area. Another bedroom and full bathroom offer flexibility for extended family, guests, or a private suite.
Outside, a carport shelters your vehicle from the elements, while a dedicated storage building keeps your life organized. The front patio is an additional gem, ideal for morning coffees or evening conversations under the stars.
1105 Manchester Drive is not just a house; it's a lifestyle choice in one of Cary's most sought-after neighborhoods. With its blend of traditional floor plan, modern amenities, and thoughtful outdoor spaces, this home is ready for you to make it your own. Embrace the opportunity to live where every detail has been considered for your comfort and enjoyment. Sunroom and deck added in 2013- permits in Cary permit portal are expired.
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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 |
|---|---|---|---|
| Mar 26, 2025 | Sold | ||
| Sold | |||
| Feb 28, 2025 | In contract | - | |
| In contract | |||
| Feb 26, 2025 | Price Decreased |
$515,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Feb 18, 2025 | Price Increased |
$525,000
↑ $10K
(1.9%) | |
| Price Increased | |||
| Feb 14, 2025 | Listed by Keller Williams Preferred Realty | $515,000 | |
| Listed by Keller Williams Preferred Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017