412 Madison Avenue
Cary, NC 27513
- – beds
- – baths
- – sqft
- 10,890 sqft lot
- 1962 build
- – on site
An important piece of a 1.12-Acre combined lot next to Downtown Cary--you can NOT miss it! 0.25 Acres of 4 adjacent parcels totaling of 100% buildable 1.12 prime acres of Land in the heart of Downtown Cary! This 1.12-acre continuous land may have potential to be subdivided and built into high-end townhomes, condos, or apartments. With public water, sewer, power already available, this is a developer's dream in one of the Triangle's most desirable and fast-growing areas! Right next to the Business Development District of Town of Cary, just a short walk to bus stops, Cary Station, shopping, restaurants, coffee shops, banks, Cary Downtown Park, museums, and the new library, these 4 adjacent parcels offer unbeatable location, walkability, and long-term value. Whether you are a builder, investor, or developer, this is your chance to secure a large footprint in downtown Cary-an opportunity that rarely comes along! The combined listings are 10089900, 10093410. The fourth will become active on this Friday! Lot limits are just for illustration. Accurate lot lines will be decided by survey.
Last checked:
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Checking…
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Last updated May 7, 2025
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MLS# 10093410 —
The Building
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Year Built:1962
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New Construction:false
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Construction Materials:See Remarks
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Architectural Style:Ranch
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Roof:See Remarks
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Foundation Details:See Remarks
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Levels:One
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Basement:true
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Basement:Other
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Building Area Units:Square Feet
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area Units:Square Feet
Interior
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Rooms Total:1
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Flooring:See Remarks
Room Dimensions
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Living Area Units:Square Feet
Location
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Directions:From Cary Station drive to west along Hillsboro St. about 2 minutes, turn left to Hollow St., then turn right to Madison Ave, house is on your right.
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Latitude:35.788676
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Longitude:-78.790037
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Coordinates:-78.790037, 35.788676
The Property
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Property Type:Residential
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Lot Features:See Remarks
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Property Subtype:Single Family Residence
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Parcel Number:0764.17222064.000
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Lot Size Acres:0.25
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Lot Size Area:10890
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Lot Size SqFt:10890
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Lot Size Units:Square Feet
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (984) 710-6853
- Office phone:
- (919) 798-0429
Taxes
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Tax Annual Amount:2727.09
The Listing
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:See Remarks
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Cooling:Other
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Cooling:true
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Wake - Weatherstone
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Middle Or Junior School:Wake - East Cary
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High School:Wake - Cary
The Community
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Subdivision Name:Not in a Subdivision
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Association:false
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Pool Private:false
Parking
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Garage:true
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Garage Spaces:1
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Attached Garage:false
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Open Parking:true
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Open Parking Spaces:2
Monthly cost estimate
Asking price
$811,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,342
|
| Taxes | $227 |
| Insurance | $223 |
| Utilities | N/A |
| Total | $4,792/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/2/25
May 2, 2025
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Listed / Active | DMLS | $811,000 |
36% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $25k above asking price on average, but some went as high as $238k over asking price.
