Updated
Novel Cary Apartments
200 Henry Hl St, Cary, NC 27519
Live pricing, refreshed
How does this compare? View Cary, NC rent trends
Pricing by Bedroom
6 WEEKS FREE
Rent Distribution
Price by Bedroom
Price Breakdown
Rent by Unit
Price vs. Square Footage
Price History
Property Price Trend
Units with Price Changes (62)
Estimated Building Revenue
How is this calculated?
Rental revenue model
We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.
- Building size: modeled from how many distinct units we have observed over time
- Occupancy: building size minus currently listed units
- Rents: observed lease-offs first, current asking rents as fallback
These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).
Est. Monthly Revenue
$1.2M
$14M annual run rate
Modeled estimate
Est. Occupancy
97%
of about 541 units (modeled from leasing activity)
Effective Rent on New Leases
$2,229
vs $1,930 current asking
Recent Lease Activity
93 units tracked; 77 assumed leased, 16 listed nowSee which units leased, when they left the market, and the rent they leased at.
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How is this calculated?
Negotiation Leverage Score (0-100)
Based on 5 observable signals from the property's listing data:
- +30 pts: 15+ units currently listed
- +25 pts: Active move-in specials
- +20 pts: Deep discounts (>$150/mo off)
- +15 pts: 5+ distinct floor plans
- +10 pts: 25+ units listed
All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.
Listed Units
16
Good availability
16 floor plans
Move-in Specials
16
16 units with active promos
Use competing promos as leverage
Negotiation Leverage
High availability and active promos suggest this building is eager to fill units.
Price vs. Cary 27519
NeighborhoodComparing 8 apartments in Cary 27519. Click any bar to view that building.
Available Units
| Unit | Floor Plan | Bed/Bath | Sqft | ↑ Price | $/Sqft | Available | Details |
|---|---|---|---|---|---|---|---|
| 1 | S3 | Studio / 1ba | 600 | $1,431 | $2.38 | -- | 6 WEEKS FREE |
| 2 | S2 | Studio / 1ba | 620 | $1,441 | $2.32 | -- | 6 WEEKS FREE |
| 3 | A1 | 1bd / 1ba | 700 | $1,463 | $2.09 | -- | 6 WEEKS FREE |
| 6 | A3 | 1bd / 1ba | 795 | $1,513 | $1.90 | -- | 6 WEEKS FREE |
| 5 | A2 | 1bd / 1ba | 781 | $1,548 | $1.98 | -- | 6 WEEKS FREE |
| 4 | A1-M3 | 1bd / 1ba | 723 | $1,568 | $2.17 | -- | 6 WEEKS FREE |
| 9 | A2-M2 | 1bd / 1ba | 959 | $1,853 | $1.93 | -- | 6 WEEKS FREE |
| 7 | A4 | 1bd / 1ba | 881 | $1,893 | $2.15 | -- | 6 WEEKS FREE |
| 8 | A1-M2 | 1bd / 1ba | 925 | $1,933 | $2.09 | -- | 6 WEEKS FREE |
| 10 | A2-M1 | 1bd / 1ba | 1,008 | $1,994 | $1.98 | -- | 6 WEEKS FREE |
Unit Details
Train activity
Train activity nearby
Freight line 2,000 ft away
- Trains pass infrequently
- No road crossing within earshot. Horns unlikely.
- Operator: CSX
City Club
Resident Notes & Access Codes
Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Cary, NC notes
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Cary, NC Rent Trends
See how rent prices are changing across all Cary, NC apartments.