Last Sold Price
4 beds1,833 sqft$355/sqft
318 Ridgecrest Rd, Unit 2, Cary, NC 27511

Description

This well-maintained property is in a prime location, making it an ideal investment opportunity! This duplex offers two bedrooms and one bath in each unit. Both units are currently rented. Additionally, the surrounding area offers a plethora of amenities, including dining options, shopping, breweries, a dog park, and convenient access to public transportation. Don't miss out on this amazing investment opportunity in close proximity to Downtown Cary.This well-maintained property is in a prime location, making it an ideal investment opportunity! This duplex offers two bedrooms and one bath in each unit. Both units are currently rented. Additionally, the surrounding area offers a plethora of amenities, including dining options, shopping, breweries, a dog park, and convenient access to public transportation. Don't miss out on this amazing investment opportunity in close proximity to Downtown Cary.
LISTING CLOSED: 01/16/2025 10:06 AM

  1. Listed by Cristal R Lavoie • Long & Foster Real Estate INC/Cary

Property Details for 318 Ridgecrest Road, Unit 2

Status
MLS #
10067099
Taxes
$4,935 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Duplex
Year Built
1984
Lot Size
0.25 AC / 10,890 SF
View
Yes
Subdivision
Montclair

Location

Listing Courtesy of Long & Foster Real Estate INC/Cary

Sold By Keller Williams Elite Realty

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Building Information for 318 Ridgecrest Road, Unit 2

Stories-Residences4Year Built1984Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$3,715 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,304

Property Taxes

$411

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 318 Ridgecrest Road, Unit 2

Summary
Location and General Information
  • Subdivision Name: Montclair
  • Latitude: 35.784635
  • Longitude: -78.786862
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $4,935.16
  • City Limits Of: Cary
  • City Limits YN: Yes
  • Lot Number: 69
  • Restrictive Covenants YN: No
Contract Information
  • Comp Sale YN: No
  • Lease Expiration Date: 2025-06-30
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 40
  • Due Diligence Expiration Date: 2024-12-31
School Information
  • Elementary School: Wake - Cary
  • Middle Or Junior School: Wake - East Cary
  • High School: Wake - Cary
Parking
  • Open Parking: Yes
  • Parking Features: Asphalt, Off Street, Paved
  • Carport: No
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 1833.0
  • Lot Features: Back Yard, Few Trees, Front Yard, Landscaped
  • Architectural Style: Ranch
  • Total Other Area Sq Ft: 0
  • Parcel Number: 0764.18302517.000
  • Structure Type: Duplex
  • Sold PriceList Price: 1.03
Property and Assessments
  • New Construction: No
  • Photos Count: 15
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick Veneer
  • Exterior Features: Fenced Yard, Rain Gutters, Storage
  • Fencing: Back Yard
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Covered, Deck
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Brick Veneer, Duplex
Interior Features
  • Levels: One
  • Basement Description: Crawl Space
  • Fireplace Y N: No
  • Flooring: Carpet, Linoleum
  • Door Features: Sliding Doors
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling?: Yes
  • Heating: Natural Gas
  • Heating?: Yes
  • Appliances: Dishwasher, Disposal, Electric Range, Free-Standing Refrigerator
  • Laundry Features: Laundry Closet
  • Interior Features: Bathtub/Shower Combination, Ceiling Fan(s), High Speed Internet, Laminate Counters
  • Spa: No
  • Equipment Appliances: Dishwasher, Disposal, Electric Range, Free-Standing Refrigerator
  • Interior: Asphalt, Off Street, Paved, Brick Veneer, Laundry Closet
  • Equipment: Dishwasher, Disposal, Electric Range, Free-Standing Refrigerator, Laundry Closet, Asphalt, Off Street, Paved
Multi Family
Unit Information
  • Total Units: 4
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months
  • TenantPays: All Utilities
Units Information
Unit One
  • Unit One: Baths Total: 1.0
  • Unit One: Beds Total: 2.0
  • Unit One: Deck: true
  • Unit One: Dishwasher: true
  • Unit One: Disposal: true
  • Unit One: Garage Attached YN: false
  • Unit One: Kitchen: true
  • Unit One: Levels: One
  • Unit One: Living Room: true
  • Unit One: Porch: true
  • Unit One: Range: true
  • Unit One: Refrigerator: true
  • Unit One: Storage: true
  • Unit One: WasherDryer Hookups: true
Unit Two
  • Unit Two: Baths Total: 1.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Garage Attached YN: false
  • Unit Two: Levels: One
Unit Three
  • Unit Three: Units Total: 2.0
Unit Four
  • Unit Four: Units Total: 2.0

Property History for 318 Ridgecrest Road, Unit 2

DateEvent & SourcePriceAppreciation
Jan 16, 2025

Sold

TRIANGLEMLS #10067099

Jan 16, 2025

Pending

TRIANGLEMLS #10067099

Jan 15, 2025

Sold

TRIANGLEMLS #10067099

$650,000
DateEvent & SourcePrice
01/16/2025

Sold

TRIANGLEMLS #10067099

01/16/2025

Pending

TRIANGLEMLS #10067099

01/15/2025

Sold

TRIANGLEMLS #10067099

$650,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 318 Ridgecrest Road, Unit 2

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Cary Elementary
PublicPK to 5

East Cary Middle School
Public6 to 8

Cary High
Public9 to 12

Connections Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Long & Foster Real Estate INC/Cary

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