$1,150,000
●
House -
Off Market
402 Bathgate Lane
Cary, NC 27513
5 Beds
5 Baths,
1
Half Bath
5,662 Ft²
$1,276,507
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Welcome to this exquisite, all brick estate home in one of the most
prestigious & desirable locations at Cary's Wessex sits on 0.5
acres with 3 car garages. Greeted by the stately grand entrance
with circular driveway, 2-story open foyer and the spiral
staircase. Formal Dining & living room; and Beautiful
hardwood throughout First & 2nd floor. Tons of natural light
throughout the house; Gourmet kitchen with cherry cabinets,
gas cooktop & tile backsplash. Luxurious owner suite with
fireplace, dual vanities, walk-in shower, soaking tub & large
walk-in closets. First floor guest suite & all secondary bedrooms
with direct bath access. Massive 3rd floor bonus/flex space with
full bath. Step outside to the backyard and enjoy the tranquil
tree-lined views. Nice community pool, tennis court & playground.
Don't miss your chance to experience luxurious living at its finest
in this spectacular home. 3rd floor counted in livable sq ft & is
unpermitted -seller is in the process of obtaining permit. Mins to
Metlife, SAS, Cary Academy, Close to RDU, RTP, Black Creek
Greenway, Umstead State Park, shopping, I-40 & more.
Unit Size
5,662 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$226
Property Type
House
Property Taxes
$608
HOA Dues
$300
Year Built
1998
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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 #2504804)
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Garage
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Wessex
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Listed by: Hannah Chan, Cary-Raleigh Realty, Inc.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2504804
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2504804
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