$569,000
●
House -
Off Market
129 Lantern Ridge Lane
Cary, NC 27519
5 Beds
4 Baths
4,325 Ft²
$875,872
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
Motivated seller. $85K below tax value. Move-in ready. Beautiful
custom built home, open bright and spacious on wooded lot! Cherry
cabinets with granite countertops and gourmet kitchen.
Hardwood floors thruout most of 1st floor and 2nd floor hall
and loft! Large wrap around front porch, 1st floor guest suite.
Master with Fireplace, whirlpool tub and oversized walkin closet!
3rd flr bedroom suite and large Bonus room. pre-wired third floor
with in-wall speakers.
Unit Size
4,325 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$134
Property Type
House
Property Taxes
$536
HOA Dues
$19
Year Built
2002
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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 #2195517)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2021 | Sold | ||
| Sold | |||
| Sep 6, 2018 | No longer available | - | |
| No longer available | |||
| Sep 4, 2018 | Sold | ||
| Sold | |||
| Jul 15, 2018 | Listed | $579,000 | |
| Listed | |||
| | |||
|
Motivated seller. $85K below tax value. Move-in ready. Beautiful custom built home, open bright and spacious on wooded lot! Cherry cabinets with granite countertops and gourmet kitchen. Hardwood floors thruout most of 1st floor and 2nd floor hall and loft! Large wrap around front porch, 1st floor guest suite. Master with Fireplace, whirlpool tub and oversized walkin closet! 3rd flr bedroom suite and large Bonus room. pre-wired third floor with in-wall speakers. The manager has listed the unit size as 4325 square feet.
| |||
| Jun 1, 2018 | Listed by CHK Realty | $579,000 | |
| Listed by CHK Realty | |||
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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
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ft²
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HOA + Taxes
About Cary Park
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Listed by: Tony Yao, CHK Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2195517
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2195517
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