$1,600,000
●
House -
Off Market
208 Glasgow Road
Cary, NC 27511
4 Beds
4 Baths,
1
Half Bath
4,260 Ft²
$8,427
Est. Monthly
1.49%
Cap Rate
About This Property
Absolutely beautiful MacGregor Downs brick home, renovated and
updated, situated right on the 8th fairway and green! Enjoy a
recently updated gourmet kitchen. The first-floor primary suite is
truly incredible, with an updated bathroom. The family room is warm
and inviting, featuring a charming painted masonry fireplace.
You'll also find formal dining and living rooms. The home has
gorgeous Heart of Pine floors adding to its classic charm.
Upstairs, each large secondary bedroom offers private baths and
attached flex rooms. The sunroom offers breathtaking panoramic
views of the golf course. Downstairs, the finished basement
includes a spacious bedroom/bonus room with its own masonry
fireplace, full bath, and separate laundry room. There is ample
storage space throughout the home. Enjoy the convenience of walking
to the Clubhouse, tennis courts, and pool from this incredible
property!
Unit Size
4,260 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$373
Property Type
House
Property Taxes
$619
HOA Dues
-
Year Built
1978
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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: 2 years ago (TMLS #10013495)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | Listed by Keller Williams Preferred Realty | $1,590,000 | |
| Listed by Keller Williams Preferred Realty | |||
| Jul 22, 2022 | Sold | ||
| Sold | |||
| Jun 3, 2022 | Listed by Keller Williams Preferred Realty | $1,290,000 | |
| Listed by Keller Williams Preferred Realty | |||
| Mar 15, 2017 | Sold | ||
| Sold | |||
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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
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 MacGregor
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Listed by: Brian Brenner, Keller Williams Preferred Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10013495
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10013495
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