RENTED JUN 29, 2026

708 Newstead Way Cary, NC 27519

Twin Lakes Neighborhood

Estimated Value: $526,000 - $561,000

3 Beds
2.5 Baths
2,053 Sq Ft
$267/Sq Ft Est. Value

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Community Pool
  • Cedar Fork Elementary Rated A
  • No HOA
  • 1 Car Attached Garage

About This Home

As of June 2026

MUST SEE! Charming 3BR / 2.5BA studio-style home in immaculate condition! Main level features a spacious open living room, and a gourmet eat-in kitchen with stainless steel appliances and tile backsplash. Relax in the oversized primary suite with vaulted ceiling, private bath, and walk-in closet. Upstairs also includes a versatile loft area plus two additional bedrooms. Additional highlights include a 1-car garage, great storage space and a patio. Convenient location with easy access to RTP. Move-in ready!

Last Agent to Rent the Property

Narsa Gaddam

Primus Realty LLC License #253105 Listed on: 05/13/2026

Last Renter's Agent

Narsa Gaddam

Primus Realty LLC License #253105 Listed on: 05/13/2026

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 7,405

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Off-Street Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,053 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Washer and Dryer

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Outdoor Features

  • Patio
  • Playground

Schools

  • Cedar Fork Elementary School
  • West Cary Middle School
  • Panther Creek High School

Additional Features

  • 7,405 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,295
  • Property Available on 5/12/26
  • Tenant pays for water
  • The owner pays for association fees
  • 12 Month Lease Term
  • $50 Application Fee

Community Details

Overview

  • No Home Owners Association
  • Twin Lakes Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

7,405 Sq Ft Lot

Parking

1

Rental Info

  • Tenant Pays: Water
  • Lease Term: 12 Months
  • Owner Pays: Association Fees
  • Available Date: 2026-05-12

Listing Details

  • Year Built: 2008
  • Prop. Type: Residential Lease
  • Subdivision Name: Twin Lakes
  • Above Grade Finished Sq Ft: 2053.0
  • Entry Level: 1
  • Unit Levels: Two
  • Room Types Primary Bedroom Level: Second
  • General Property Information Enhanced Accessible2: No
  • Contract Information Security Deposit2: 2295
  • DelayedMarketingYN: No
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjEwMTY2NjQ1IiwiU3RhbmRhcmRTdGF0dXMiOiJDbG9zZWQiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA2LTI5VDE5OjQ3OjI5LjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzI1ODcxIiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.Z_ow7INN49_Ea019OZAN0tffrauGWsHOk7o4EyoZjks/badge
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Wood
  • Appliances: Convection Oven, Dishwasher, Microwave, Refrigerator, Washer/Dryer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Playground
  • Fencing: None
  • Acres: 0.17
  • Patio And Porch Features: None, Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 3.0
  • General Property Information:Garage YN: Yes

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground, Pool
  • Senior Community: No
  • HOA Rent Includes: None
  • Association: No
  • Fees Application Fee: 50.0
  • Fees Pet Fee: 300.0

Schools

  • Ninth Grade High School: Wake - Panther Creek High
  • Middle Or Junior School: Wake - West Cary Middle

Lot Info

  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Cedar Fork Elementary

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2017
Sold by
Momidi Partha S and Momidi Lakshmi D
Bought by
Current Estimated Value
$548,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2008
Sold by
Kb Home Raleigh Durham Inc
Bought by
Momidi Partha S and Momidi Lakshmi D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,700
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Twin Lakes, NC

  • Allen Wyde Real Estate Agent - Pinnacle Realty

    Allen Wyde

    Pinnacle Realty

    (844) 969-2798

    102 Total Sales

    1 in Twin Lakes

    $712,500 Price

    Allen Wyde
     Section Image
  • Marti Hampton Real Estate Agent - EXP Realty

    Marti Hampton

    Responds Quickly

    EXP Realty

    (984) 238-9358

    1,253 Total Sales

    3 in Twin Lakes

    $325K - $407K Price Range

    Marti Hampton
     Section Image
  • Tonya Wicker Hunt Real Estate Agent - Coldwell Banker HPW

    Tonya Wicker Hunt

    Coldwell Banker HPW

    (877) 642-6818

    103 Total Sales

    1 in Twin Lakes

    $350,000 Price

    Tonya Wicker Hunt
     Section Image
  • Joe Matthews Real Estate Agent - Real Triangle Properties LLC

    Joe Matthews

    Real Triangle Properties LLC

    (984) 833-2176

    301 Total Sales

    5 in Twin Lakes

    $340K - $810K Price Range

    Joe Matthews
     Section Image
  • Sharon Webb Real Estate Agent - Coldwell Banker Advantage

    Sharon Webb

    Coldwell Banker Advantage

    (984) 207-3434

    92 Total Sales

    1 in Twin Lakes

    $500,000 Price

    Sharon Webb
     Section Image
  • Azita Wilson Real Estate Agent - Keller Williams Legacy

    Azita Wilson

    Keller Williams Legacy

    (984) 477-1827

    52 Total Sales

    1 in Twin Lakes

    $525,000 Price

    Azita Wilson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$285,000 None Available
Momidi Partha S $234,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $262,500
Closed Ravikumar Vikram $270,750
Previous Owner Momidi Partha S $210,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/29/2026 06/29/26 Rented $2,295 0.0% --
05/23/2026 05/23/26 Under Contract -- -- --
05/13/2026 05/13/26 For Rent $2,295 -- --
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,634 $538,344 $180,000 $358,344
2024 $4,534 $538,344 $180,000 $358,344
2023 $3,547 $352,042 $95,000 $257,042
2022 $3,415 $352,042 $95,000 $257,042
2021 $3,347 $352,042 $95,000 $257,042
2020 $3,364 $352,042 $95,000 $257,042
2019 $3,059 $283,798 $70,000 $213,798
2018 $2,870 $283,798 $70,000 $213,798
2017 $2,759 $283,798 $70,000 $213,798
2016 $2,718 $283,798 $70,000 $213,798
2015 $2,422 $243,978 $52,000 $191,978
2014 $2,284 $243,978 $52,000 $191,978
Source: Public Records

Agents Affiliated with this Home

  • NG

    Landlord's Agent in 2026

    Narsa Gaddam

    Primus Realty LLC

    (919) 491-4431

    164 Total Sales

    Narsa Gaddam
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Map

Source: Doorify MLS

MLS Number: 10166645

Doorify MLS

APN: 0745.01-49-6103-000

North Carolina Wake County Cary 27519 Twin Lakes

708 Newstead Way, Cary, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. 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. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

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