$260,000
●
Land -
Off Market
220 Brookridge Drive
Cary, NC 27518
Studio
0 Bath
$435,655
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
RARE OPPORTUNITY to build your dream home on a tranquil & secluded
2.8 acre lot, only minutes to fabulous Cary restaurants & shopping!
Lot is nestled in a unique subdivision located between Lochmere &
Birklands, with views towards golf course! Previously existing home
was recently lost to fire- approx 300 ft private well, 3 bedroom
septic system, & asphalt driveway remain on site. Homesite is
cleared & surrounded by gorgeous hardwoods! Bring your own builder!
NO HOAs! No City Taxes!
Unit Size
-
Days on Market
-
Land Size
2.80 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1995
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #2239136)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 8, 2020 | Sold | ||
| Sold | |||
| Feb 27, 2019 | Listed by RE/MAX Advantage | $299,000 | |
| Listed by RE/MAX Advantage | |||
| Nov 17, 2018 | No longer available | - | |
| No longer available | |||
| Dec 10, 2017 | Listed | $299,000 | |
| Listed | |||
| | |||
|
RARE OPPORTUNITY to build your dream home on a tranquil & secluded 2.8 acre lot, only minutes to fabulous Cary restaurants & shopping! Lot is nestled in a unique subdivision located between Lochmere & Birklands, with views towards golf course! Previously existing home was recently lost to fire- approx 300 ft private well, 3 bedroom septic system, & asphalt driveway remain on site. Homesite is cleared & surrounded by gorgeous hardwoods! Bring your own builder! NO HOAs! No City Taxes!
| |||
| Mar 9, 2004 | Sold | ||
| Sold | |||
Show More
Property Highlights
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 Brookridge Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Mary Smyth, RE/MAX Advantage
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2239136
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2239136
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.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017