$2,470,382
↑ $170K (7.4%)
●
House -
In Contract
316 Williams Street
Cary, NC 27511
5 Beds
4 Baths,
1
Half Bath
4,398 Ft²
$12,453
Est. Monthly
About This Property
5 Bedroom Home with 2 main floor bedrooms and 3 Car Garage. 34 Acre
site in Cary's Downtown District. Very Walk-able to all the
Restaurants and Parks that are quintessential to the Charm and
Distinction of one of Americas most recognized and award-winning
Cities. This site has an unlimited amount of impervious
soils allowed. Additional Dwelling Units are Permissible.
Unit Size
4,398 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$562
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1954
Listed By
Rex Osborne
Windjam Properties
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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: 27 days ago (TMLS #10145852)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2026 | Price Increased |
$2,470,382
↑ $170K
(7.4%) | |
| Price Increased | |||
| May 22, 2026 | In contract | - | |
| In contract | |||
| Feb 11, 2026 | Listed by Windjam Properties | $2,300,000 | |
| Listed by Windjam Properties | |||
| Dec 3, 2025 | Price Decreased |
$775,000
↓ $125K
(13.9%) | |
| Price Decreased | |||
| Nov 3, 2025 | Listed | $900,000 | |
| Listed | |||
| | |||
|
Existing home on . 34 Acre site in Cary's Downtown District. Very Walk-able to all the Restaurants and Parks that are quintessential to the Charm and Distinction of one of Americas most recognized and award winning Cities.
The Home has been Removed and is ready for Construction.
This site has an unlimited amount of impervious soils allowed.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Flooring Type: Hardwood, Tile
Rooms: 1
Has Fireplace
Fireplaces: 2
Exterior Details
Square Footage: 4398
Architectural Style: Transitional
Year Built: 2026
Builder Name: Sage Built
Building Area Total: 4398
Levels: Two
Construction Materials: Cement Siding, Stone Veneer
Lot Size Area: 0.34
Lot Size Units: Acres
Lot Size Acres: 0.34
Lot Size Square Feet: 14810
Lot Size Dimensions: .34
Water Source: Public
Financial Details
Tax Map Number: 1996 PG 1523
Tax Assessed Value: $449,339
Tax Annual Amount: $3,871
Utilities Details
Cooling Type: Central Air, Electric, Heat Pump
Heating Type: Forced Air, Heat Pump, Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cary
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Listed by: Rex Osborne, Windjam Properties
Last Updated: 27 days ago
Data Source: TMLS, MLS# 10145852
Last Updated: 27 days ago
Data Source: TMLS, MLS# 10145852
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