$239,416
●
House -
Off Market
100 Cranes Nest Drive
Franklinton, NC 27525
4 Beds
3 Baths
2,535 Ft²
$373,011
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model
About This Property
PRE-Sale - MLS Entry for Comp Purposes Only. Fall in love with our
Hawthorne floor plan at Cedar Crossing! Amenities include pool and
walking trails! Minutes from Historical Wake Forest and convenient
to downtown Raleigh! Open floor plan with downstairs study.
Unit Size
2,535 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$94
Property Type
House
Property Taxes
-
HOA Dues
$29
Year Built
2018
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (TMLS #2169377)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2024 | Sold | ||
| Sold | |||
| Sep 8, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by LPT Realty, LLC | $375,000 | |
| Listed by LPT Realty, LLC | |||
| | |||
|
Your dream home awaits! This stunning two-story residence offers 4 bedrooms and 3 bathrooms, perfectly designed for modern living. The main level includes a versatile front office, a convenient guest bedroom, full bathroom, alongside a spacious living room bathed in natural light. You'll love the appealing breakfast nook and gourmet kitchen complete with stainless steel appliances and luxurious granite countertops. Upstairs, the master suite is a true retreat, boasting a spacious walk-in closet and an ensuite bathroom with a spa-like walk-in shower. Additionally, the upper level features two generously sized bedrooms and a guest bathroom. You'll also find a convenient laundry room and a spacious, multifunctional loft—perfect for entertaining or relaxing in style. The backyard features a screened-in patio and a well-crafted concrete walkway that leads to an inviting seating area, ideal for outdoor gatherings. This home combines comfort, style, and convenience, making it the perfect place to create lasting memories. Don't miss out on this exceptional opportunity!
| |||
| Feb 21, 2018 | Sold | ||
| Sold | |||
| Jan 24, 2018 | Listed by DRB Group North Carolina LLC | $238,416 | |
| Listed by DRB Group North Carolina LLC | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Franklin
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Listed by: Kaylyn Boyette, DRB Group North Carolina LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2169377
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2169377
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