$2,289,815
●
House -
In Contract
315 Waldo Street
Cary, NC 27511
4 Beds
4 Baths,
1
Half Bath
4,138 Ft²
$11,244
Est. Monthly
About This Property
Presale opportunity in the heart of Downtown Cary, just steps from
the new Downtown Cary Park and all the restaurants, shops, and
charm the area has to offer. Work with award winning local builder
Reward Builders to create your fully custom home tailored to your
vision and lifestyle. Choose your plan, finishes, and every detail
with a trusted team known for quality craftsmanship and thoughtful
design. Enjoy modern living in a highly walkable location near
entertainment, breweries, and upcoming developments, all while
tucked into a quiet residential setting. Rare chance to build a one
of a kind custom home in one of the Triangle's most desirable
downtown locations.
Unit Size
4,138 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$553
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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: 3 months ago (TMLS #10142915)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 20, 2026 | Sold | ||
| Sold | |||
| Jan 15, 2026 | Listed by Compass -- Raleigh | $2,289,815 | |
| Listed by Compass -- Raleigh | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Price Decreased |
$725,000
↓ $125K
(14.7%) | |
| Price Decreased | |||
| Nov 16, 2024 | Relisted | $850,000 | |
| Relisted | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Driveway, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Built-in Features, Ceiling Fan(s), Crown Molding, Double Vanity, High Ceilings, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Soaking Tub, Storage, Track Lighting, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Wired for Sound, Bathtub/Shower Combination, Quartz Counters, Separate Shower, Walk-In Shower, Water Closet
Appliances: Bar Fridge, Built-In Freezer, Built-In Gas Oven, Built-In Range, Built-In Refrigerator, Dishwasher, Gas Oven, Gas Range, Instant Hot Water, Microwave, Range Hood, Smart Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Wall Oven
Flooring Type: Ceramic Tile, Hardwood
Door Features: ENERGY STAR Qualified Doors, Sliding Doors
Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Upper Level, Washer Hookup
Rooms: 9
Has Fireplace
Fireplace Features: Gas Log, Gas Starter, Living Room
Fireplaces: 1
Exterior Details
Square Footage: 4138
Security Features: Security System
Architectural Style: Modern, Transitional
Year Built: 2026
Building Area Total: 4138
Levels: Two
Window Features: ENERGY STAR Qualified Windows, Insulated Windows
Construction Materials: Attic/Crawl Hatchway(s) Insulated, Block, Brick, Fiber Cement, Lap Siding, Vertical Siding, Vinyl Siding
Patio and Porch Features: Covered, Front Porch, Rear Porch, Screened
Lot Features: Back Yard
Lot Size Area: 0.24
Lot Size Units: Acres
Lot Size Acres: 0.24
Lot Size Square Feet: 10454
Lot Size Dimensions: 71x75x72x82x180
Water Source: Public
Financial Details
Tax Map Number: 84
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric, Zoned
Heating Type: Exhaust Fan, Fireplace(s), Floor Furnace, Heat Pump, Hot Water, Natural Gas, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: None
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 Cary
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Listed by: Johnny Chappell, Compass -- Raleigh
Last Updated: 3 months ago
Data Source: TMLS, MLS# 10142915
Last Updated: 3 months ago
Data Source: TMLS, MLS# 10142915
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.
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