38
Map
$1,550,000
●
House -
In Contract
211 Devonhall Lane
Cary, NC 27518
5 Beds
4 Baths,
2
Half Baths
5,171 Ft²
$8,948
Est. Monthly
$252
HOA / Fees
About This Property
Ideally situated in the sought-after Kensington at Regency
neighborhood, this luxury custom-built home offers over 5,000
square feet of thoughtfully designed living space, blending
timeless architecture with high-end finishes and modern updates.
Featuring five bedrooms, first floor primary, multiple
recreation rooms perfect for flexible living spaces, and an office
with custom built-ins, the home has undergone extensive
improvements, including a backyard patio and gas fire pit, an
upgraded garage mudroom with custom cabinetry, and a 2022 Rufty
renovation exceeding $400,000. This exceptional transformation
included a fully renovated kitchen, an enclosed dining nook, a new
screened porch with heaters, enhanced fireplaces, refinished
hardwood floors throughout, newly installed plush carpeting.
Set on a spacious .86 lot- backing to trees, the home offers the
feel of a private luxury retreat while providing convenient access
to I-440, US-1, Highway 64, and Tryon Road, with Raleigh, Apex,
Cary, and the greater Triangle area just a short drive away.
Unit Size
5,171 Ft²
Days on Market
-
Land Size
0.86 acres
Price per sqft
$300
Property Type
House
Property Taxes
$1,084
HOA Dues
$252
Year Built
2001
Listed By
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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 #10199437)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Carport
Garage Spaces: 3
Interior Details
Half Bathrooms: 2
Full Bathrooms: 4
Interior Features: Bookcases, Breakfast Bar, Chandelier, Coffered Ceiling(s), Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling(s), Walk-In Closet(s), Quartz Counters, Separate Shower
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer/Dryer
Flooring Type: Carpet, Tile, Wood
Door Features: French Doors, Sliding Doors
Laundry Features: Laundry Room, Main Level, Sink
Rooms: 1
Has Fireplace
Fireplaces: 2
Exterior Details
Square Footage: 5171
Property Condition: Updated/Remodeled
Architectural Style: Transitional
Year Built: 2001
Building Area Total: 5171
Levels: Three Or More
Construction Materials: Brick, Fiber Cement
Lot Features: Back Yard, Few Trees, Front Yard
Lot Size Area: 0.86
Lot Size Units: Acres
Lot Size Acres: 0.86
Lot Size Square Feet: 37461
Water Source: Public
Financial Details
Tax Map Number: 59
Tax Assessed Value: $1,436,314
Tax Annual Amount: $13,013
Utilities Details
Cooling Type: Central Air
Heating Type: Wall Furnace
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
HOA Fee: $252
HOA Fee Frequency: Quarterly
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
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Asking Price
Listed On
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HOA + Taxes
About Kensington at Regency
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Listed by: Debbie Van Horn, Compass -- Raleigh
Last Updated: 14 days ago
Data Source: TMLS, MLS# 10199437
Last Updated: 14 days ago
Data Source: TMLS, MLS# 10199437
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