$1,487,500
●
House -
Off Market
402 Willow Street
Cary, NC 27511
5 Beds
4 Baths,
1
Half Bath
4,191 Ft²
$7,941
Est. Monthly
About This Property
Walkable to everything Downtown Cary has to offer, this
custom-built home combines an exceptional location with a versatile
floor plan and high-end finishes throughout. Featuring a
first-floor primary suite plus a second primary suite upstairs, the
layout is ideal for multi-generational living, long-term guests, or
an incredible teen retreat. Enjoy outdoor living on the covered
brick porch overlooking the beautifully landscaped, flat backyard.
Loaded with upgrades including site-finished hardwood floors
throughout (except bonus room), a 36" gas range, upgraded quartz
countertops, designer tile selections, a huge custom primary
closet, built-ins, and extensive trim details. Final coat of
hardwood floor finish will be completed prior to closing.
Unit Size
4,191 Ft²
Days on Market
130 days
Land Size
0.26 acres
Price per sqft
$370
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1955
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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 months ago (TMLS #10162415)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | Sold | ||
| Sold | |||
| Aug 10, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Price Decreased |
$1,549,900
↓ $50K
(3.1%) | |
| Price Decreased | |||
| Jul 8, 2026 | Price Decreased |
$1,599,900
↓ $100K
(5.9%) | |
| Price Decreased | |||
| Jun 5, 2026 | Price Decreased |
$1,699,900
↓ $50K
(2.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
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 Montclair
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Listed by: Joe Alercia, RE/MAX United
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10162415
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10162415
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