$1,075,000
●
House -
Off Market
209 Bailey Ridge Drive
Morrisville, NC 27560
5 Beds
5 Baths,
1
Half Bath
4,335 Ft²
$1,120,815
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Welcome to this stunning home in Weston Estates! The custom-built,
all brick home offers 5 bedrooms and 5 1/2 bathrooms, including a
first-floor master suite and an additional first-floor bedroom with
an attached bath, this home is perfect for accommodating guests or
extended family. It's easy to work from home in the main floor
office with glass doors and vaulted ceilings. The gourmet kitchen
features updated cabinets, a central island, top-of-the line
appliances and a walk in pantry. Entertain in the adjoining family
room with a wood burning fireplace and custom built ins. Upstairs,
you'll find 3 additional bedrooms, each with its own private
bathroom, plus a bonus room, media room, extra storage and walk up
attic. The 3 bay garage adds so much storage. Enjoy the 3 season
room overlooking the private yard, large enough for a pool. The
location is unbeatable. The community has a pool/playground and
connects to the Morrisville Greenway. Convenient to RDU, RTP, SAS
and the new Apple RTP campus.
Unit Size
4,335 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$260
Property Type
House
Property Taxes
$673
HOA Dues
$54
Year Built
2000
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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 #2524805)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2025 | Sold | ||
| Sold | |||
| Jun 8, 2025 | In contract | - | |
| In contract | |||
| Jun 6, 2025 | Listed by Keller Williams Legacy | $1,125,000 | |
| Listed by Keller Williams Legacy | |||
| | |||
|
Custom-built, all-brick home in desirable Weston Estates with 6 bedrooms and 5.5 bathrooms. First floor features a spacious primary suite and an additional guest bedroom with attached full bath. Gourmet white kitchen with quartz counters, updated cabinetry, center island, top-tier appliances, and walk-in pantry. Family room includes wood-burning fireplace and custom built-ins. Dedicated home office with glass French doors and vaulted ceilings. Four additional bedrooms upstairs, each with private en-suite baths. Bonus or media room, walk-in attic, and abundant storage throughout. Enjoy a bright 3-season room overlooking a private, fenced backyard—large enough for a future pool. Freshly painted interior. 2-car oversized garage. Community amenities include pool, playground, and access to the Morrisville Greenway. Conveniently located near RDU Airport, RTP, SAS, and Cary Academy.
| |||
| Oct 5, 2023 | Sold | ||
| Sold | |||
| Aug 2, 2023 | Listed by Keller Williams Preferred Realty | $1,125,000 | |
| Listed by Keller Williams Preferred 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 Weston Estates
Similar Homes for Sale
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Listed by: Karen Tehrani, Keller Williams Preferred Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2524805
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2524805
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