$535,000
●
House -
Off Market
507 Holtz Lane
Cary, NC 27511
3 Beds
2 Baths
1,708 Ft²
$3,112
Est. Monthly
About This Property
Beautifully maintained 3-bedroom, 2-bath home in a prime Cary
location near Downtown Cary! New roof installed Nov. 2025. This
move-in-ready home features a separate living room, updated
kitchen, and a warm, inviting layout. Located less than 1 mile from
the new Downtown Cary Park, library, Cultural Arts Center, shops,
restaurants, and top-rated schools! Just three blocks from Maynard
Pond and Dunham Park & Tennis, this home offers the perfect blend
of convenience, beauty, and an active lifestyle. Nestled in Iron
Gate, one of Cary's most walkable and desirable neighborhoods.
Unit Size
1,708 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$328
Property Type
House
Property Taxes
$362
HOA Dues
-
Year Built
1979
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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: 6 months ago (TMLS #10130871)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Nov 1, 2025 | Listed by Coldwell Banker Advantage | $560,000 | |
| Listed by Coldwell Banker Advantage | |||
| May 30, 2025 | Listed | $595,000 | |
| Listed | |||
| | |||
|
Location, Location, Location. The house is in the highly sought-after neighborhood, within 1 mile of the Cary Downtown Park. Live near everything, shop, dine, entertainment, library, and a park that offers free concerts and more. Open floorplan with updated kitchen, separate 2nd living room
| |||
| Aug 14, 2015 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
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HOA + Taxes
About Irongate
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Listed by: Susan Choi, Coldwell Banker Advantage
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10130871
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10130871
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