7 months on rocket

1208 Walnut St, Cary, NC, 27511

$950,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
1 SqFt
$950,000/SqFt
Multi
Schools Nearby

Location

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1208 Walnut St, Cary$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingCarport
Year Built1964
HeatingElectric
CoolingCentral Air, Window Unit(s)
MLS #2533688
Lot Size1.20 Acres
StatusActive

About 1208 Walnut St

Discover an exceptional real estate opportunity in the heart of Cary, North Carolina - a versatile triplex with the added advantage of commercial zoning, all set on a 1.2-acre lot. This property offers an enticing blend of residential comfort and commercial potential, making it an attractive prospect for investors and entrepreneurs alike. This triplex in Cary, NC, presents a unique and promising investment opportunity. With two 2-bedroom, 2-bath units, a 1-bedroom, 1-bath unit, totaling 3657 sqft and the advantage of commercial zoning on a 1.2-acre lot. This property offers both residential comfort and commercial potential. Don't miss the chance to make this triplex your next investment venture, combining the best of both worlds in one prime location. The proximity to the Research Triangle Park and major highways (I-40 and US-1/64) simplifies commuting to Raleigh, Durham, Chapel Hill, Holly Springs and Apex, making it an attractive choice for both investors, residents and business seeking convenience. 1 mile to US-1/64, 1/2 mile to proposed Epic Games HQ, 2 miles to Fenton

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Living Area: 1 SqFt

Listing Office:

  • Office Name: Better Homes & Gardens Real Es
  • Office Phone: (919) 439-2168
  • Listing Agent: Paul Gambella

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Carpet, Hardwood, Laminate, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 1.20 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Window Unit(s)

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
  • Reedy Creek Middle School, Public District Grades 6-8
  • Briarcliff Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Raleigh take I-40 W to Cary. Take exit 293 from I-40 W. Use the left lane to turn left onto Walnut St. Triplex will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
  • Price Per SqFt: $950,000/SqFt

Tax Information:

  • Annual Amount: $3,366
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cary, NC.

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Cary, NC

City

Med. Sold Price

$585.5K

Med. Price/SqFt

$255

Avg. Days On Market

50

# of Sold Homes

161

1208 Walnut St vs Cary

219 DAYS ON ROCKET

+169 Days

$950,000

+$364.4K More

$950,000/SqFt

+$949.7K More

KEY TAKEAWAY

This property is $364.4K more than the Median Sold Price and $949.7K/SqFt more than other homes in Cary, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #2533688

Listing Office:

  • Office Name: Better Homes & Gardens Real Es
  • Office Phone: (919) 439-2168
  • Listing Agent: Paul Gambella

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

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: 4/28/2024, 11:20:22 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

YEARPROP. TAXASSESSMENT
2021$3,366$349,836
2020$3,383$349,836
2019$2,927$285,540
2018$2,815$285,540

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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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

school-card-donut-2734050
7
/10

  • Briarcliff Elementary School

  • 1220 Pond St

  • 1.50 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2734051
6
/10

  • Reedy Creek Middle School

  • 930 Reedy Creek Rd

  • 3.08 miles

  • Public District Grades 6-8

High School

school-card-donut-2734052
5
/10

  • Cary High School

  • 638 Walnut St

  • 0.38 miles

  • Public District Grades 9-12

school-card-donut-2734053
10
/10

  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 9.92 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $100,735. The majority of Cary, NC residents have income between $35k-100k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›Wake County›Cary›27511›1208 Walnut St

This home is located at 1208 Walnut St in Cary, NC and zip code 27511. This 1 square foot home, which was built in 1964, sits on a 1.20 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 22, 2023 and is currently priced at $950,000.

In March 2024 more than 72 listings in Cary, NC were sold above the asking price. During the same period more than 37 listings were sold at asking price, while more than 52 were sold below. In March 2024 in Cary, NC there were 10.4% more homes for sale than in February 2024. While the average time on the market in March 2024 was 50 days, the median list price was $585,538.

From Rocket Homes Real Estate and based on county public records data.

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