$478,000
●
House -
Off Market
113 Electra Drive
Cary, NC 27513
3 Beds
2 Baths
1,506 Ft²
$2,670
Est. Monthly
4.60%
Cap Rate
About This Property
A beautifully maintained ranch home nestled in the heart of Cary.
This 3-bedroom, 2-bath home offers easy single-level living with a
layout that feels both functional and inviting. Inside, you'll find
spacious living areas filled with natural light, a well-equipped
kitchen, and a private primary suite with its own full bath. The
home has seen thoughtful improvements over the years, including the
installation of solar panels in 2023 for energy efficiency, all-new
plumbing in 2025, and a large storage shed added in 2022 for extra
convenience. Step outside to enjoy the fully fenced backyard-ideal
for play, pets, or relaxing evenings. Whether you're entertaining
guests or enjoying a quiet morning, the outdoor space offers the
privacy and comfort you're looking for. Located just minutes from
parks, and shopping. This home offers the perfect blend of comfort,
updates, and prime Cary location.
Unit Size
1,506 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$319
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
1984
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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 #10108624)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2025 | Sold | ||
| Sold | |||
| Jul 14, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by eXp Realty, LLC - C | $479,900 | |
| Listed by eXp Realty, LLC - C | |||
| Aug 10, 2022 | Sold | ||
| Sold | |||
| Jul 7, 2022 | Listed by eXp Realty, LLC - C | $425,000 | |
| Listed by eXp Realty, LLC - C | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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 Hearthstone
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Listed by: Karen Dupree Williams, eXp Realty, LLC - C
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10108624
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10108624
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