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Cary 27513 Wessex
402 Tynemouth Drive
$600,000
● House - Off Market

402 Tynemouth Drive

Cary, NC 27513
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,494 Ft²
$885,142
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Luxury Living in Wessex, a pool & tennis community. This stunning custom home w/first floor master is move-in ready from the trending exterior paint selection to the freshly updated interior. Just steps away from this nearly half acre wooded homesite is Black Creek Greenway from which you can walk to Umstead State Park. Details... gourmet kitchen w/granite, stainless appliances, double wall ovens, bright vaulted family room, walk-in storage, 2017 roof, replacement Pella windows, newer HVACs, tankless H2O.
Unit Size
3,494 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$172
Property Type
House
Property Taxes
$472
HOA Dues
$88
Year Built
1995

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Cap Rate Calculator

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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 #2232195)

Price History

Date / Event Date Event Price
May 28, 2019 Sold
Premium
Sold
Jan 17, 2019 Listed by Keller Williams Realty Cary $600,000
Listed by Keller Williams Realty Cary
Nov 13, 1996 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2005
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 624
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 3,533
  • Building Area: 3,533
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,533
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESSEX SUB
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO84 WESSEX SUB PHIV BM1993-1141

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053512

Zoning

  • Zoning: R20

Geography

  • Account Number: 0200025
  • District: 04
  • Subdivision Phase Number: 4
  • Parcel: 0765.01-46-1466 0200025
  • Lot: 84
  • Municipality: CARY
  • Latitude: 35.8282
  • Longitude: -78.7836

    Address

  • Full Address: 402 Tynemouth Dr
  • Address - House Number: 402
  • Address - Street Name: Tynemouth
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Cary
  • Carrier Code: R040
  • 4-Digit Zip Code: 5579
  • Zip Code: 27513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $605,364

    Appraisal Valuation

  • Standard Deviation: 0.1132
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 88
  • Final Value: 956,692
  • High Value: 1,065,041
  • Low Value: 848,344

    Market Valuation

  • Market Total Value: $625,572
  • Market Land Value: $140,000
  • Market Improvement Value: $485,572

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $625,572
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $485,572

    Sales

  • Current Sale Contract Date: May 28, 2019
  • Current Sale Recording Date: May 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Nov 13, 1996
  • Previous Sale Contract Date: Nov 13, 1996
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wessex

Stats & Trends

Median Asking:

$1,250,000

Sale Price/ft²

$268

Above Asking

0.00%

Average Days on Market

38

Average Home Size

4828 ft²

Average Home Age

31 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 100 Drywood Place, Cary, NC, 27513

$2,150 /mo

  • 3 Beds
  • 2 Baths
  • 1,901 ft²
100 Drywood Place, Cary, NC, 27513 Listing by Dameion Tarique Moore
Unit for rent at 101 Indigo Drive, Cary, NC, 27513

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,650 ft²
101 Indigo Drive, Cary, NC, 27513 Listing by Andrew Santucci
Unit for rent at 205 Electra Drive, Cary, NC, 27513

$1,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,350 ft²
205 Electra Drive, Cary, NC, 27513 Listing by Aaron Daniels

Rentals Near You

Click here to view more rentals in the neighborhood.
TMLS

Listed by: Sonya May, Keller Williams Realty Cary
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2232195
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.

Frequently Asked Questions

When was property at 402 Tynemouth Drive built and last sold?
The property at 402 Tynemouth Drive was built in 1995 and last sold on May 28, 2019 for $600,000.
How much is this home worth?
The estimated value of the home located at 402 Tynemouth Drive is $0.
What are some comparable homes to 402 Tynemouth Drive?
There are currently no comparable homes to 402 Tynemouth Drive.
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