$715,000
●
House -
Off Market
116 Modena Drive
Cary, NC 27513
5 Beds
2 Baths,
1
Half Bath
3,116 Ft²
$4,124
Est. Monthly
$14
HOA / Fees
4.11%
Cap Rate
About This Property
Beautifully Updated Home in Prime Cary Location!
Welcome to 116 Modena Drive - a spacious and thoughtfully upgraded home nestled in one of Cary's most desirable neighborhoods! This 4-bedroom home also features a dedicated study, formal dining room, breakfast area, family room, and a large bonus room-offering versatile space for both everyday living and entertaining.
Enjoy the light-filled, open layout enhanced by abundant natural light throughout. The main floor has been upgraded with luxury vinyl plank (LVP) flooring, providing a modern, durable foundation for your lifestyle.
The remodeled kitchen boasts quartz countertops, freshly painted cabinets, a brand-new refrigerator and microwave, and updated light fixtures and ceiling fans.
Step outside to your covered screened porch with an extended deck, overlooking a large, fully fenced backyard-ideal for relaxing, gardening, or entertaining.
Additional updates include fresh interior paint throughout, making this home truly move-in ready.
Located close to the heart of Cary, with easy access to top-rated schools, RTP, RDU, parks, and shopping, this home offers the perfect combination of comfort, style, and convenience.
Don't miss this rare opportunity-schedule your private showing today!
Welcome to 116 Modena Drive - a spacious and thoughtfully upgraded home nestled in one of Cary's most desirable neighborhoods! This 4-bedroom home also features a dedicated study, formal dining room, breakfast area, family room, and a large bonus room-offering versatile space for both everyday living and entertaining.
Enjoy the light-filled, open layout enhanced by abundant natural light throughout. The main floor has been upgraded with luxury vinyl plank (LVP) flooring, providing a modern, durable foundation for your lifestyle.
The remodeled kitchen boasts quartz countertops, freshly painted cabinets, a brand-new refrigerator and microwave, and updated light fixtures and ceiling fans.
Step outside to your covered screened porch with an extended deck, overlooking a large, fully fenced backyard-ideal for relaxing, gardening, or entertaining.
Additional updates include fresh interior paint throughout, making this home truly move-in ready.
Located close to the heart of Cary, with easy access to top-rated schools, RTP, RDU, parks, and shopping, this home offers the perfect combination of comfort, style, and convenience.
Don't miss this rare opportunity-schedule your private showing today!
Unit Size
3,116 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$239
Property Type
House
Property Taxes
$452
HOA Dues
$14
Year Built
1993
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 11 months ago (TMLS #10113200)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2025 | Sold | ||
| Sold | |||
| Oct 24, 2025 | In contract | - | |
| In contract | |||
| Sep 12, 2025 | Price Decreased |
$745,000
↓ $23K
(3%) | |
| Price Decreased | |||
| Aug 26, 2025 | Price Decreased |
$768,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Aug 1, 2025 | Listed by HHome Realty LLC | $778,000 | |
| Listed by HHome Realty LLC | |||
Show More
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 Graylyn
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Huazhi Hu, HHome Realty LLC
Last Updated: 11 months ago
Data Source: TMLS, MLS# 10113200
Last Updated: 11 months ago
Data Source: TMLS, MLS# 10113200
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017