$396,000
●
House -
Off Market
1005 Harmony Ranch Lane
Franklinton, NC 27525
4 Beds
3 Baths
3,041 Ft²
$2,580
Est. Monthly
$400
HOA / Fees
About This Property
Welcome home to this stunning 2021-built residence located in the
desirable Clearwater Creek community. Offering 4 spacious bedrooms
and 3 full baths, this home features an open floor plan ideal for
modern living and entertaining. The main level includes a guest
suite with full bath, while the luxurious owner's suite upstairs
boasts a private sitting room and spa-like bath. Enjoy a
beautifully designed kitchen with granite countertops, tile
backsplash, stainless steel appliances, and plenty of storage.
Thoughtful touches throughout include elegant trim details, high
ceilings, durable flooring, a gas fireplace, and smart-home
features. Step outside to a covered patio overlooking a level,
landscaped yard-perfect for relaxing or hosting gatherings. With a
two-car garage, convenient location, and a peaceful neighborhood
setting, this home blends comfort, style, and everyday convenience
in one exceptional package.
Unit Size
3,041 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$132
Property Type
House
Property Taxes
$215
HOA Dues
$400
Year Built
2021
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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: 8 months ago (TMLS #10130967)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 12, 2026 | Sold | ||
| Sold | |||
| Jan 9, 2026 | In contract | - | |
| In contract | |||
| Dec 18, 2025 | Price Decreased |
$400,000
↓ $12K
(2.9%) | |
| Price Decreased | |||
| Dec 4, 2025 | Price Decreased |
$412,000
↓ $8K
(1.9%) | |
| Price Decreased | |||
| Nov 13, 2025 | Price Decreased |
$420,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Franklin
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Listed by: Meisha Spang, Mark Spain Real Estate
Last Updated: 8 months ago
Data Source: TMLS, MLS# 10130967
Last Updated: 8 months ago
Data Source: TMLS, MLS# 10130967
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