$273,000
●
House -
Off Market
1195 Champion Drive
Cary, NC 27511
4 Beds
3 Baths
1,926 Ft²
$470,926
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model
About This Property
Beautifully Renovated home in the Heart of Cary. This Bright & Open
floor plan has a New Roof, Fresh Paint inside & out, Smooth
Ceilings & New Flooring. Kitchen boasts new Cabinets, Granite
Counters Tops, SS Appliances. & large Island with additional
storage . Family Room w/wood burning Fire Place. Each bathroom is
brand new & beautiful! This charming neighborhood is Walking
distance to Cary Towne Center & Triangle Aquatic. Close to
restaurants, parks & all major highways. HSA 1 Yr. Warranty
Included.
Unit Size
1,926 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$145
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1972
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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 #2097196)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Jul 8, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Price Decreased |
$480,000
↓ $19K
(3.8%) | |
| Price Decreased | |||
| Jun 4, 2025 | Price Decreased |
$499,000
↓ $11K
(2.2%) | |
| Price Decreased | |||
| May 27, 2025 | Listed by DASH Carolina | $510,000 | |
| Listed by DASH Carolina | |||
| | |||
|
This beautifully renovated 4 bed/3 bath home features a 2023 HVAC system, no HOA, luxury vinyl plank flooris upstairs and downstairs, it's situated on a corner lot right beside Cary Greenway, and a fenced-in yard. The kitchen boasts a large island with bar seating, granite countertops, extended cabinetry to the ceiling, and stainless steel appliances. Each of the four bedrooms includes a ceiling fan for added comfort, and all three bathrooms are fully updated with contemporary vanities and tiled showers. One of the home's standout features is the expansive den, complete with a cozy wood-burning fireplace and plenty of room for a home office, gym, or entertainment space. Enjoy the home's prime location offering easy access to shopping, dining, and recreation — including Fenton, Crossroads, and the Triangle Aquatic Center.
| |||
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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
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About Ivy Meadows
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Listed by: Liz Radman, Fonville Morisey/Preston Sales
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2097196
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2097196
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