$1,235,000
●
House -
Off Market
404 Versailles Drive
Cary, NC 27511
4 Beds
3 Baths,
1
Half Bath
3,821 Ft²
$6,646
Est. Monthly
$40
HOA / Fees
1.75%
Cap Rate
About This Property
Refined Comfort Meets Backyard Bliss in MacGregor West
Experience timeless design, thoughtful upgrades, and resort-style living at 404 Versailles Drive. Tucked into one of Cary's most established and elegant neighborhoods, this 4-bedroom, 3.5-bath home offers over 3,600 square feet of beautifully maintained living space, including a dramatic two-story entry, rich hardwood floors, and a dedicated first-floor office. The gourmet kitchen features granite countertops, a 6-burner cooktop, Dacor double ovens, and an LG smart refrigerator-perfect for everyday living or entertaining.
Upstairs, a spacious bonus room with a wet bar and private staircase is ideal for movie nights or weekend guests. Unwind outdoors in the professionally landscaped backyard, complete with a saltwater pool (new liner, heater, lighting), raised garden beds, a peach tree, and a screened porch overlooking the lush, private setting. Recent upgrades include a new tankless water heater, encapsulated crawlspace with dehumidifier, and Andersen windows.
Located minutes from Downtown Cary, Apex, and greenway access, this home is a rare blend of comfort, character, and convenience in MacGregor West.
Experience timeless design, thoughtful upgrades, and resort-style living at 404 Versailles Drive. Tucked into one of Cary's most established and elegant neighborhoods, this 4-bedroom, 3.5-bath home offers over 3,600 square feet of beautifully maintained living space, including a dramatic two-story entry, rich hardwood floors, and a dedicated first-floor office. The gourmet kitchen features granite countertops, a 6-burner cooktop, Dacor double ovens, and an LG smart refrigerator-perfect for everyday living or entertaining.
Upstairs, a spacious bonus room with a wet bar and private staircase is ideal for movie nights or weekend guests. Unwind outdoors in the professionally landscaped backyard, complete with a saltwater pool (new liner, heater, lighting), raised garden beds, a peach tree, and a screened porch overlooking the lush, private setting. Recent upgrades include a new tankless water heater, encapsulated crawlspace with dehumidifier, and Andersen windows.
Located minutes from Downtown Cary, Apex, and greenway access, this home is a rare blend of comfort, character, and convenience in MacGregor West.
Unit Size
3,821 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$314
Property Type
House
Property Taxes
$713
HOA Dues
$40
Year Built
1992
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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: 12 months ago (TMLS #10097146)
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About MacGregor
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Listed by: Pamela Racz Tucker, LPT Realty, LLC
Last Updated: 12 months ago
Data Source: TMLS, MLS# 10097146
Last Updated: 12 months ago
Data Source: TMLS, MLS# 10097146
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