$545,000
●
House -
Off Market
1109 Queensferry Road
Cary, NC 27511
5 Beds
4 Baths,
2
Half Baths
5,154 Ft²
$1,020,945
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model
About This Property
MOTIVATED SELLER! BRING ALL OFFERS! Updated beauty in MacGregor
Downs! This home has all you need to resort living in Cary on
almost 3/4 acre lot with private in ground salt water pool!
Private country club community within a mile of Trader Joes's
and Whole Foods! Walkout basement! Above garage guest quarters is
perfect for In-law or Nanny Suite! Rocking chair front porch and
circular drive. Move-In Ready! Per Seller: Fiber cement
exterior. See Agent Only!
Unit Size
5,154 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$112
Property Type
House
Property Taxes
-
HOA Dues
$8
Year Built
1979
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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 #1984389)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2023 | Sold | ||
| Sold | |||
| May 25, 2023 | No longer available | - | |
| No longer available | |||
| May 25, 2023 | Listed by Keller Williams Central | $1,150,000 | |
| Listed by Keller Williams Central | |||
| | |||
|
This charming, beautiful and spacious home in the prestigious Golf Community, MacGregor Downs boasts an in-ground saltwater pool, full finished basement and a Guest Suite! As you pull into the driveway, the first thing you will notice is the home's curb appeal and the beautiful covered front porch making you feel right at home. It's situated on a private, wooded lot that's over a half acre, in a country club community with a private pool, tennis courts, clubhouse and playground. This home has so much to enjoy including tons of updates such as; two new HVAC's, remodeled pool, remodeled basement, new roof, new carpet and LVP flooring, a kitchen refresh, freshly painted inside & out, and new garage doors! Relax by the pool or on the expansive deck, or even by one of the three fireplaces! Guest Suite features LR, kitchenette, full bath, 1/2 bath, and laundry hook up. Sellers have requested Listing Agent be present for all showings. To schedule your showing, contact the listing agent today!
| |||
| Apr 18, 2023 | Price Decreased |
$1,195,000
↓ $35K
(2.9%) | |
| Price Decreased | |||
| Apr 2, 2023 | Listed by Fonville Morisey/The Kelly Cobb Home Team, Inc. | $1,230,000 | |
| Listed by Fonville Morisey/The Kelly Cobb Home Team, Inc. | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About MacGregor
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Listed by: Kelly Cobb, Fonville Morisey/The Kelly Cobb Home Team, Inc.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 1984389
Last Updated: 2 years ago
Data Source: TMLS, MLS# 1984389
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