$173,000
●
House -
Off Market
302 Arvo Lane
Cary, NC 27513
3 Beds
2 Baths
1,190 Ft²
$295,719
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model
About This Property
Charming Ranch home in desirable Cary location! New 2" faux wood
blinds, carpet and paint throughout. Spacious family room centers
on a gas log fireplace. Dining Room/Family room combo. Kitchen over
looks dining/family. All bedrooms are good sized. Storage closet
off back. Deck overlooks private back yard and is perfect for
relaxing, grilling and entertaining Refrigerator, washer and dryer
all remain. A must see! Welcome home!
Unit Size
1,190 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$143
Property Type
House
Property Taxes
-
HOA Dues
$14
Year Built
1992
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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 #2050312)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | Listed by Nest Realty of the Triangle | $399,000 | |
| Listed by Nest Realty of the Triangle | |||
| | |||
|
A rare gem in the heart of Cary! This hard-to-find, one-level home offers both charm and convenience. Nestled in a peaceful neighborhood, this residence boasts an open floor plan with abundant natural light and spacious living areas, perfect for relaxation and entertaining.
The bright kitchen features ample counter space, and a cozy breakfast nook. Enjoy your morning coffee on the private deck, surrounded by lush landscaping. The generous primary suite has a vaulted ceiling and an ensuite bathroom, while additional bedrooms provide versatility for guests or a home office.
With easy access to parks, shopping, and schools, this home combines tranquility with everyday conveniences. Don't miss your chance to own this rare, single-story oasis in Cary!
**New laminate flooring + lighting in 2016, new roof in 2018, new windows + water heater in 2022, new paint, carpet + laminate floors in bathrooms July/August 2024**
| |||
| Mar 23, 2016 | Sold | ||
| Sold | |||
| Feb 18, 2016 | Listed by Block & Associates Realty | $169,900 | |
| Listed by Block & Associates Realty | |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Brookgreen
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Norman Block, Block & Associates Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2050312
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2050312
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