$530,000
●
House -
Off Market
201 SE Maynard Road
Cary, NC 27511
3 Beds
2 Baths
1,994 Ft²
$2,954
Est. Monthly
4.03%
Cap Rate
About This Property
Wonderfully maintained brick ranch in the heart of Cary in the
Greenwood Forest neighborhood! The rocking chair front porch greets
you at this 3bd/2ba with finished bonus space. Featuring great
upgrades in the kitchen, bathrooms, light fixtures and more.
Entertain outside on your your almost half acre, oversize
entertainers deck and beautifully manicured garden in the fenced
backyard, complete with huge storage shed (with electric). New
electrical panel 2024. New roof 2023. Tankless water heater 2019.
HVAC 2017. New crawlspace insulation 2024. Fresh paint and new
carpet 2024. New windows and exterior doors in the last few years.
1.5 miles to Downtown Cary Park. 16 min to downtown Raleigh and 17
min to RTP. Don't miss this ideal location and fantastic house!
Unit Size
1,994 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$276
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1973
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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 #10031417)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | Listed by Real Estate By Design | $550,000 | |
| Listed by Real Estate By Design | |||
| | |||
|
Wonderfully maintained brick ranch in the heart of Cary in the Greenwood Forest neighborhood! The rocking chair front porch greets you at this 3bd/2ba with finished bonus space. Featuring great upgrades in the kitchen, bathrooms, light fixtures and more. Entertain outside on your your almost half acre, oversize entertainers deck and beautifully manicured garden in the fenced backyard, complete with huge storage shed (with electric). New electrical panel 2024. New roof 2023. Tankless water heater 2019. HVAC 2017. New crawlspace insulation 2024. Fresh paint and new carpet 2024. New windows and exterior doors in the last few years. 1.5 miles to Downtown Cary Park. 16 min to downtown Raleigh and 17 min to RTP. Don't miss this ideal location and fantastic house!
| |||
Property Highlights
Parking Available
Air Conditioning
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 Greenwood Forest
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Currently no similar homes aroundNearby Rentals
Listed by: Amy Gretenstein, Real Estate By Design
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10031417
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10031417
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