$439,900
●
House -
In Contract
197 Cardovia Way
Wendell, NC 27591
4 Beds
2 Baths,
1
Half Bath
2,300 Ft²
$2,214
Est. Monthly
$53
HOA / Fees
About This Property
Fall in love with this beautiful Kenly floor plan in the Maggie Way
community! First floor main suite with tray ceiling, large WIC,
double sink vanity & 5ft tile shower. Kitchen showcases gorgeous
cabinets, granite countertops, tile backsplash, stainless steel
appliances & island w/seating. Additional features include living
room with cozy fireplace and built in bookshelves, screened back
porch, and large unfinished storage area! Large lot, low HOA dues
and no city taxes! Act fast! Photos of similar homes and cut sheets
are for representation only and may include options, upgrades or
elevations not included in this home.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$191
Property Type
House
Property Taxes
-
HOA Dues
$53
Year Built
-
Listed By
Mark Pahlmann
HomeTowne Realty
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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: 14 days ago (TMLS #10176336)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | In contract | - | |
| In contract | |||
| Sep 17, 2026 | Price Decreased |
$439,900
↓ $20K
(4.4%) | |
| Price Decreased | |||
| Jul 8, 2026 | Price Decreased |
$459,900
↓ $100
(0%) | |
| Price Decreased | |||
| Jun 25, 2026 | Listed by HomeTowne Realty | $460,000 | |
| Listed by HomeTowne Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Bookcases, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s), Bathtub/Shower Combination, Kitchen/Dining Room Combination, Primary Downstairs, Shower Only, Smooth Ceilings, Water Closet
Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
Flooring Type: Carpet, Laminate
Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
Rooms: 8
Has Fireplace
Fireplace Features: Electric, Living Room
Fireplaces: 1
Exterior Details
Square Footage: 2300
Security Features: Smoke Detector(s)
Property Condition: New Construction, Under Construction
Architectural Style: Craftsman, Traditional
Year Built: 2026
Builder Name: Riverwild Homes
Builder Model: Kenly
Building Area Total: 2300
Levels: Two
Construction Materials: Board & Batten Siding, Brick, Vinyl Siding
Patio and Porch Features: Covered, Porch, Screened
Lot Features: Landscaped, Open Lot, Partially Cleared
Lot Size Area: 0.46
Lot Size Units: Acres
Lot Size Acres: 0.46
Lot Size Square Feet: 20037.6
Lot Size Dimensions: See Attached Plot
Water Source: Public
Utilities Details
Cooling Type: Central Air, Zoned
Heating Type: Electric, Heat Pump, Zoned, None
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Unknown
HOA/Condo/Coop Amenities: Clubhouse, Playground, Pool
HOA Fee: $640
HOA Fee Frequency: Annually
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 Johnston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jaclyn Smith, HomeTowne Realty
Last Updated: 14 days ago
Data Source: TMLS, MLS# 10176336
Last Updated: 14 days ago
Data Source: TMLS, MLS# 10176336
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