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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Garden apartment buildings
1201 Vlg Greenway Cary, NC 27511-4234
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US53-0659057
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1973
Construction
FRAME
Total area
7,752 SF
Lot
6.3 ac (274,428 SF)
Zoning code
RMF
APN
0773.05-08-4667 0086986
UPID
US53-0659057
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$735k
Owner & transaction history
Cary Holdings 184 LLC · 6 yrs held
Cary Holdings 184 LLC
since 2019
7 recorded transactions
Zoning & alternative use
RMF · Cary, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cary submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$735k
Range $662k – $809k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$95 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$91,432
Tax year 2023
Assessed value
$8,981,277
Assessed 2023
Previous assessed
$8,981,277
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$2,142,000
Assessed improvement
$6,839,277
Land market value
$2,142,000
Improvement market value
$6,839,277
Total market value
$8,981,277
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1973
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Units
8
Rooms
256
Total area
7,752 SF
Lot
6.3 ac (274,428 SF)
Zoning code
RMF
APN
0773.05-08-4667 0086986
UPID
US53-0659057
Jurisdiction
WAKE
Zoning & alternative use
RMF · Cary, NC
Zoning RMF · permitted uses
RMF · Cary, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cary. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Units
8
Rooms
256
Lot
6.3 ac
Current owner
From public records · entity-resolved
Cary Holdings 184 LLC
Entity
Mailing address
300 FRANK W BURR BLVD STE #68, TEANECK, NJ 07666-6703
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2019
$21,500,000
Cary Holdings 184 LLC
PC Oxford LLC
Trustees Deed
related
$14,767,000 · Us Bk NA Series 2018-k72 (ce)
Nov 6, 2017
—
PC Oxford LLC
—
Deed
related
$14,767,000 · Berkadia Com'l Mtg
May 2, 2016
—
PC Oxford LLC
—
Deed
related
$4,278,000 · Cbre Cap Markets
May 18, 2012
$8,475,000
PC Oxford LLC
Oxford Square Mmx LLC
Grant Deed
related
$6,880,000 · Cbre Capital Markets INC
Sep 10, 2010
$5,200,000
Oxford Square Mmx LLC
Dlj Coml Mtg Corp 1999-cg3
Grant Deed
$4,500,000 · Cbre Multifamily Capital INC
Feb 26, 2010
$4,750,000
Dlj Coml Mtg Corp 1999-cg3
Trachtman James B
Trustees Deed
related
—
—
—
PC Oxford LLC
—
Deed Of Trust
related
$4,278,000 · Cbre Cap Markets
—
—
PC Oxford LLC
—
Deed Of Trust
related
$14,767,000 · Berkadia Com'l Mtg
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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