Location, Location, Location! Ever dreamed of being a landlord? Maybe you want to develop a brand new lifestyle option close to the popular downtown Cary location. So many options with this unique opportunity. No need to have a plan finalized now as the triplex is rent generating currently. Keep the homes occupied while you decide what the future holds. One owner for the past 39 years!!
Property Details
Property Features
Property Information:
Year Built: 1981
Living Area: 983 SqFt
Listing Office:
Office Name: Fathom Realty NC, LLC
Office Phone: (888) 455-6040
Listing Agent: Paige P Rogalski
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Range, Refrigerator, Water Heater
Flooring Type: Carpet, Vinyl
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Parking Information:
Attached Garage: No
Parking: Off Street
Lot Features
Lot Information:
Lot Size: 0.36 Acres
Utilities
Utilities Information:
Heating: Electric
Cooling: Central Air, Separate Meters
School Info
Assigned Schools Information:
Cary High School, Public District Grades 9-12
Wake Early College of Health and Science, Public District Grades 9-12
West Cary Middle School, Public District Grades 6-8
Northwoods Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: 440 west, exit 4b RDU intern'l Airport, 40W to Wilmington, exit 290 54 to Cary, Right on 54/Chapel Hill Road to Cary, Left on Adams Street.
Price Information
Listing Price Info
Price Summary:
List Price: $875,000
Price Per SqFt: $890/SqFt
Tax Information:
Annual Amount: $2,627
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/29/2024, 9:20:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,627
$271,631
2020
$2,640
$271,631
2019
$2,174
$210,485
2018
$2,091
$210,485
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,435
Per Month
Principal & Interest
$4,368
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,690
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Northwoods Elementary School
8850 Chapel Hill Rd
Distance between this listing and this school0.32 miles
Public District Grades KG-5
Middle School
7
/10
West Cary Middle School
1000 Evans Rd
Distance between this listing and this school0.84 miles
Public District Grades 6-8
High School
7
/10
Cary High School
638 Walnut St
Distance between this listing and this school1.75 miles
Public District Grades 9-12
10
/10
Wake Early College of Health and Science
2901 Holston Ln
Distance between this listing and this school11.26 miles
Public District Grades 9-12
Assigned Schools
4
/10
Northwoods Elementary School
8850 Chapel Hill Rd
Distance between this listing and this school0.32 miles
Public District Grades KG-5
Nearby Schools
5
/10
Kingswood Elementary School
200 E Johnson St
Distance between this listing and this school0.41 miles
Public District Grades KG-5
8
/10
Cary Elementary School
400 Kildaire Farm Rd
Distance between this listing and this school0.74 miles
Public District Grades KG-5
Assigned Schools
7
/10
West Cary Middle School
1000 Evans Rd
Distance between this listing and this school0.84 miles
Public District Grades 6-8
Nearby Schools
4
/10
East Cary Middle School
1111 SE Maynard Rd
Distance between this listing and this school1.35 miles
Public District Grades 6-8
6
/10
Reedy Creek Middle School
930 Reedy Creek Rd
Distance between this listing and this school1.73 miles
Public District Grades 6-8
Assigned Schools
7
/10
Cary High School
638 Walnut St
Distance between this listing and this school1.75 miles
Public District Grades 9-12
10
/10
Wake Early College of Health and Science
2901 Holston Ln
Distance between this listing and this school11.26 miles
Public District Grades 9-12
Nearby Schools
8
/10
Apex High School
1501 Laura Duncan Rd
Distance between this listing and this school4.35 miles
The neighbors living near this home have an average income of $64,402. Most Cary, NC residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 228 Adams St in Cary, NC and zip code 27513. This 983 square foot home, which was built in 1981, sits on a 0.36 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 09, 2024 and is currently priced at $875,000.
Over 88 listings were sold over their listed price in April 2024 in Cary, NC. In the same period over 53 listings were sold below the listed price and 26 listings were sold for the listed price. The number of homes for sale in Cary, NC increased by 1.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 12 days, the median list price was $595,750.
From Rocket Homes Real Estate and based on county public records data.