




3114 Rapid Falls Rd, Cary, NC, 27519
About This Home
Centrally located in the heart of the Triangle, this townhouse offers exceptional convenience to major roads, restaurants, RDU, RTP, and all the area's top entertainment. You'll love the well-designed floor plan featuring a spacious loft and generously sized rooms that provide both comfort and flexibility. Recent updates include new carpet and new tile flooring in the foyer and half bath, along with a new roof in 2023 and a new HVAC system in 2025 for added peace of mind. Enjoy outdoor living with a welcoming covered front porch and a back patio--perfect for relaxing or entertaining. The community offers great amenities including a pool and scenic lakes, creating an ideal setting for both convenience and lifestyle.
Getting Around
Schools
Construction
Condition
- Year built: 2007
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Fiber Cement
Type & Style
- Home type: Townhouse
- Architectural style: Traditional
- Property subType: Townhouse,Residential
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Electric Range,Microwave,Refrigerator,Washer/Dryer
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Kitchen Island,Tray Ceiling(s)
- Flooring: Carpet,Hardwood,Tile
- Finished area below ground: 0
- Finished area above ground: 1,806
- Common walls with other units/homes: 2+ Common Walls
Heating & Cooling
- Heating features: Electric,Forced Air
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 1,806
- Total interior livable area: 1,806 sqft
Property
Details
- Parcel number: 074501485353000 0351890
- Attached to another structure: Yes
- Zoning: RMFP
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Exterior features: Storage
- Has view: Yes
Lot
- Lot size: 1,306 sqft
Parking
- Total spaces: 2
- Parking features: Assigned,Open
- Has uncovered spaces: Yes
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Heat Wave
- Inland Flooding
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Wake County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,896 | $22,752 |
| Home Insurance * | $85 | $1,020 |
| Property Taxes | $267 | $3,204 |
| Electricity | $200 | $2,405 |
| Total | $2,448 | $29,376 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-02 | Listed for sale | $375,000 |
| 2021-06-13 | Listing removed | -- |
| 2021-05-24 | Listed for rent | $1,595 |
| 2021-03-24 | Listing removed | -- |
| 2019-06-22 | Listing removed | $1,495 |
| 2019-06-03 | Listed for rent | $1,495 |
| 2018-05-26 | Listing removed | $1,395 |
| 2018-04-19 | Listed for rent | $1,395 |
| 2012-06-08 | Listing removed | $1,200 |
| 2012-05-19 | Price change | $1,200 |
| 2012-04-18 | Listed for rent | $1,275 |
| 2011-08-09 | Listing removed | $1,100 |
| 2011-08-04 | Price change | $1,100 |
| 2011-07-16 | Listed for rent | $1,190 |
| 2011-02-16 | Sold | $152,010 |
| 2007-10-18 | Sold | $183,000 |
