514 Holtz Lane
About This Property
Major 2025 improvements include a fully encapsulated crawlspace with dehumidifier (lifetime warranty), new heat pump, all new ductwork, updated electrical, whole-house surge protector, and structural engineer repairs completed. Exterior updates include a new retaining wall, gravel driveway, front porch, front door, deck, fence, tree removal, and grading, plus RoofMaxx treatment to extend roof life.
Interior features include smooth ceilings, fresh paint, updated lighting, and new LVP flooring in kitchen and baths. Renovated kitchen with quartz countertops, soft-close cabinetry, tile backsplash, under-cabinet lighting, and pantry. Living room features custom built-ins with reclaimed wood. Primary suite offers two closets and flexible sitting area!
Additional upgrades include Hardie Plank siding, energy-efficient windows, 2023 water heater, and 150 sq ft added heated living space.
A rare opportunity offering quality, updates, and prime Cary location.
In addition, our preferred lender is offering up to 1% in lender credit, which can be applied toward closing costs or to help reduce the interest rate.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 8, 2026 | Sold | ||
| Sold | |||
| Apr 9, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Price Decreased |
$567,500
↓ $8K
(1.3%) | |
| Price Decreased | |||
| Mar 10, 2026 | Listed by Smart Choice Realty Company | $575,000 | |
| Listed by Smart Choice Realty Company | |||
| Nov 26, 2025 | Listed | $585,000 | |
| Listed | |||
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Turn-key, fully updated & meticulously maintained home in one of Cary's most desirable and established neighborhoods that's just minutes to Downtown Cary, Fenton, parks, greenways, restaurants, grocery stores, excellent schools & the Cary Library! This property has undergone extensive upgrades from 2007-2025, including major structural, mechanical & cosmetic improvements that make it truly move-in ready with exceptional long-term value.
Recent 2025 updates include a fully encapsulated crawlspace with dehumidifier (lifetime transferable warranty), all-new flex ductwork, new heat pump, new concrete block retaining wall, whole-house surge protector, updated electrical throughout, dryer vent cleaning & a structural engineer inspection with all recommended repairs completed! Exterior enhancements feature a new gravel driveway, new front porch steps, rails, and front door, new deck with modern railing, backyard fence, removal of three problem trees & fresh grading. The roof has been cleaned with a RoofMaxx treatment scheduled to extend its life an additional 5 years (renewable)!
Inside, you'll find a fresh, modern feel with new LVP flooring in the kitchen and baths, updated bathrooms, new light fixtures and hardware throughout, smooth ceilings (except closets) & fresh interior paint! The beautifully renovated kitchen includes new yellow quartz counters, refurbished cabinets with soft-close doors, updated fronts, new backsplash tile, under-cabinet lighting & a double-door pantry. The living room features custom built-in shelving crafted from historic salvaged wood from a Pittsboro courthouse! The primary suite offers two closets and a flexible sitting area that works perfectly as an office, nursery, or exercise space.
Additional long-term upgrades include Hardie Plank siding (2007), roof replacement (2007), addition of 150 sq ft heated living area (2007), double-paned energy-efficient windows, new water heater (2023) & laminate flooring added to the main living areas. Bedroom carpets were professionally cleaned in Summer 2025.
With its extensive updates, transferable warranties, quiet location & unbeatable proximity to everything Cary has to offer, this home is a rare opportunity for buyers seeking quality, convenience & true peace of mind!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017