$295,000
●
House -
Off Market
121 Chimney Rise Drive
Cary, NC 27511
3 Beds
2 Baths
1,454 Ft²
$431,486
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
Quaint and open ranch located in Lakeside Chimney Rise subdivision.
Brick front with 2 car garage. Screened back porch and fenced
backyard. Cathedral ceilings, plant shelves, gas log fireplace,
updated owner's bath with walk-in shower and tile. Walk-in closet.
Owner's suite has trey ceiling, Heat and A/C unit 6 months old,
roof 3 years old. Landscaped. Minutes from shopping &
hospital.
Unit Size
1,454 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$203
Property Type
House
Property Taxes
$194
HOA Dues
$13
Year Built
1996
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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 #2285825)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| May 26, 2025 | In contract | - | |
| In contract | |||
| May 23, 2025 | Listed by Inhabit Real Estate | $475,000 | |
| Listed by Inhabit Real Estate | |||
| | |||
|
A little bit of flash with a whole lotta function. This small but mighty 3 bedroom 2 bath one level showpiece features a wide open floor plan with stunning updates in the kitchen and both baths. New cabinets, granite counters, exaggerated subway backsplash soaring to the ceiling gives a dramatic impression that almost compares with the beautiful one level island that defines the kitchen and opens to the living area. The renovated master bath has twin sinks, a soaking tub and stand alone shower in a bright ''maybe I can handle the morning'' style with some added surprise color in the WC for a bit of fun. The second bath continues the bright fresh style with a touch of sink whimsy but the whole upfit comes together in one renovated and move in ready package. Outside is a screened porch, patio and deck with a privacy fenced rear yard. The perfect backyard oasis for relaxing after a hard day. Add in an attached 2 car garage in a great Cary location and you'll see why this house brings the flash and the function.
| |||
| Dec 9, 2019 | Sold | ||
| Sold | |||
| Oct 25, 2019 | Listed by Mark Spain Real Estate | $295,000 | |
| Listed by Mark Spain Real Estate | |||
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Property Highlights
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Chimney Rise Townhomes
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Listed by: Kate Kenney, Mark Spain Real Estate
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2285825
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2285825
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