$677,500
●
House -
Off Market
113 Ravenna Way
Cary, NC 27513
4 Beds
2 Baths,
1
Half Bath
2,835 Ft²
$3,854
Est. Monthly
$50
HOA / Fees
3.45%
Cap Rate
About This Property
Enjoy stunning views from nearly every room in this beautifully
updated, move-in ready home in Cary's desirable Oxxford Hunt.
Recent upgrades include NEW Hardie Plank siding with fresh exterior
paint, NEW windows, a full interior repaint, updated outlets and
switches, modern door hardware, and NEW HVAC systems up and down.
The main level features hardwood floors, vaulted ceilings, a grand
entry, formal dining, a flexible office space, and a large living
rooms. The updated kitchen offers ample cabinetry, walk-in pantry,
and buffet. Upstairs, the spacious primary suite boasts vaulted
ceilings, walk-in closet, whirlpool tub, oversized shower, double
vanities, skylight, and private water closet. Three additional
bedrooms include walk-in or double closets, plus versatile
loft/flex space. Oversized screened porch, expansive deck with
covered grilling station overlooking the lake. HOA includes pool,
clubhouse, and tennis. Conveniently located near Bond Park,
downtown Cary, RTP, RDU.
Unit Size
2,835 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$242
Property Type
House
Property Taxes
$440
HOA Dues
$50
Year Built
1988
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Cap Rate Calculator
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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: 7 months ago (TMLS #10120623)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2026 | Sold | ||
| Sold | |||
| Mar 16, 2026 | In contract | - | |
| In contract | |||
| Feb 1, 2026 | Relisted | $685,000 | |
| Relisted | |||
| Jan 26, 2026 | In contract | - | |
| In contract | |||
| Nov 30, 2025 | Price Decreased |
$685,000
↓ $14K
(2%) | |
| Price Decreased | |||
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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
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 Drawbridge
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Listed by: Nicholas Huscroft, Chosen Real Estate Group
Last Updated: 7 months ago
Data Source: TMLS, MLS# 10120623
Last Updated: 7 months ago
Data Source: TMLS, MLS# 10120623
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