59
Map
$315,000
↓ $10K (3.1%)
●
House -
For Sale
197 Depot Ridge Road
Garner, NC 27529
3 Beds
2 Baths
1,441 Ft²
$2,058
Est. Monthly
$242
HOA / Fees
About This Property
Discover move-in-ready living in this updated Garner home,
privately positioned at the end of a peaceful cul-de-sac. With
three bedrooms and two-and-a-half bathrooms, the thoughtfully
arranged interior offers both comfort and flexibility. The updated
kitchen provides generous workspace, contemporary cabinetry and
countertops, and stainless steel appliances. For added convenience,
the sale includes the refrigerator, washer, and dryer. A fully
permitted bedroom addition feels like an original part of the home
and can easily accommodate overnight guests, remote work, or
changing household needs. NEW ROOF installed in 2025. A spacious
screened porch extends the living area outdoors and overlooks a
secluded, tree-lined backyard. Whether entertaining, enjoying a
quiet morning, or relaxing at the end of the day, this welcoming
property offers a compelling mix of modern updates, privacy, and
convenience. Some photos are virtually staged to show potential.
Unit Size
1,441 Ft²
Days on Market
32 days
Land Size
0.17 acres
Price per sqft
$219
Property Type
House
Property Taxes
$269
HOA Dues
$242
Year Built
2006
Listed By
Jaime Oliver
Next Stage 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: 12 days ago (TMLS #10195424)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2026 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Sep 28, 2026 | Listed by Next Stage Realty | $325,000 | |
| Listed by Next Stage Realty | |||
| Feb 8, 2024 | Sold | ||
| Sold | |||
| Nov 30, 2023 | Listed by Next Stage Realty | $309,500 | |
| Listed by Next Stage Realty | |||
| Jun 19, 2017 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Crown Molding, Laminate Counters, Open Floorplan, Walk-In Closet(s)
Appliances: Dishwasher, Dryer, Electric Range, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Ice Maker, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer, Water Heater
Flooring Type: Carpet, Combination, Linoleum, Luxury Vinyl, Vinyl
Laundry Features: Inside
Rooms: 1
Has Fireplace
Fireplace Features: Family Room, Glass Doors
Exterior Details
Square Footage: 1441
Security Features: Smoke Detector(s)
Architectural Style: Traditional
Year Built: 2006
Building Area Total: 1441
Levels: Two
Other Structures: Shed(s), Storage
Construction Materials: Vinyl Siding
Patio and Porch Features: Covered, Enclosed, Porch, Screened
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Lot Size Square Feet: 7405
Water Source: Public
Financial Details
Tax Map Number: 211
Tax Assessed Value: $299,300
Tax Annual Amount: $3,229
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Heat Pump
Heating Type: None
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Storm Water Maintenance
HOA/Condo/Coop Amenities: Maintenance Grounds, Tennis Court(s)
HOA Fee: $242
HOA Fee Frequency: Semi-Annually
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 Bingham Station
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jaime Oliver, Next Stage Realty
Last Updated: 12 days ago
Data Source: TMLS, MLS# 10195424
Last Updated: 12 days ago
Data Source: TMLS, MLS# 10195424
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.
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