$415,000
●
House -
Off Market
618 Dorset Drive
Cary, NC 27511
3 Beds
1 Bath
1,088 Ft²
$2,254
Est. Monthly
5.65%
Cap Rate
About This Property
Experience the charm of new construction in a beloved,
well-established neighborhood! This beautifully rebuilt 3-bedroom,
1-bathroom home with open floor plan is 1 mile from downtown Cary,
offering you easy access to all the local amenities. Demoed and
reimagined with brand new features throughout, this home now boasts
a sleek white brick exterior and a newly added 1-car garage.
Step inside to discover a brand-new modern interior with the latest finishes and fixtures, ensuring style and comfort. Enjoy a spacious lot with sheds, walk-in crawl space, back deck and patio, and fenced backyard. The backyard also has a large natural area with trees providing ample shade, perfect for relaxation. The home has all new appliances, new roof, new moisture barrier, and new HVAC, ensuring comfort on hot summer days.
This move-in-ready home is perfect for enjoying everything the area has to offer and it is just a short walk to downtown Cary. Don't wait, come see it for yourself! NO HOA Dues!!
Step inside to discover a brand-new modern interior with the latest finishes and fixtures, ensuring style and comfort. Enjoy a spacious lot with sheds, walk-in crawl space, back deck and patio, and fenced backyard. The backyard also has a large natural area with trees providing ample shade, perfect for relaxation. The home has all new appliances, new roof, new moisture barrier, and new HVAC, ensuring comfort on hot summer days.
This move-in-ready home is perfect for enjoying everything the area has to offer and it is just a short walk to downtown Cary. Don't wait, come see it for yourself! NO HOA Dues!!
Unit Size
1,088 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$381
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
1959
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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: 2 years ago (TMLS #10033564)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | Listed by Keller Williams Legacy | $415,000 | |
| Listed by Keller Williams Legacy | |||
| | |||
|
Experience the charm of new construction in a beloved, well-established neighborhood! This beautifully rebuilt 3-bedroom, 1-bathroom home with open floor plan is 1 mile from downtown Cary, offering you easy access to all the local amenities. Demoed and reimagined with brand new features throughout, this home now boasts a sleek white brick exterior and a newly added 1-car garage.
Step inside to discover a brand-new modern interior with the latest finishes and fixtures, ensuring style and comfort. Enjoy a spacious lot with sheds, walk-in crawl space, back deck and patio, and fenced backyard. The backyard also has a large natural area with trees providing ample shade, perfect for relaxation. The home has all new appliances, new roof, new moisture barrier, and new HVAC, ensuring comfort on hot summer days.
This move-in-ready home is perfect for enjoying everything the area has to offer and it is just a short walk to downtown Cary. Don't wait, come see it for yourself! NO HOA Dues!!
| |||
| Feb 14, 2020 | Sold | ||
| Sold | |||
| Jan 13, 2020 | Listed by Keller Williams Legacy | $270,000 | |
| Listed by Keller Williams Legacy | |||
| Dec 14, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Russell Hills
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Crystal Blanton, Keller Williams Legacy
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10033564
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10033564
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