$209,900
●
House -
Off Market
116 Saddle Lane
Lillington, NC 27546
3 Beds
2 Baths,
1
Half Bath
$355,076
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model
About This Property
-The Stockton plan offers 3 bedrooms, 2.5 bath with upstairs bonus.
Formal dining room and breakfast nook. Fireplace in family room,
downstairs master with walk in closet. Soaking tub and separate
shower in master bath. SS appliances, granite kitchen counters,
security system! Easy commute to Raleigh or Fayetteville! Up
to 3% in CC with preferred lender/attorney.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016
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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 #LP465877)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Jan 29, 2025 | In contract | - | |
| In contract | |||
| Jan 8, 2025 | Listed by Integra Realty | $339,900 | |
| Listed by Integra Realty | |||
| | |||
|
Welcome to this stunning 3-bedroom, 2.5-bathroom home in the Johnson Farms subdivision! No city taxes or HOA! The main floor boasts a versatile formal dining room or office with elegant coffered ceilings and custom trim, an open-concept living space with a cozy fireplace, and an updated kitchen and dining area with extra trim. The spacious primary suite features a luxurious bathroom with a soaking tub, walk-in shower, double vanity, and a large walk-in closet. Upstairs, you'll find two additional bedrooms, a full bath, and a generous bonus room. Step outside to a private backyard with a deck, perfect for entertaining or relaxing. This home is a must-see!
| |||
| Jul 21, 2016 | Sold | ||
| Sold | |||
| May 4, 2016 | Listed by RE/MAX SIGNATURE REALTY | $209,900 | |
| Listed by RE/MAX SIGNATURE REALTY | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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Sold On
HOA + Taxes
About Johnson Farms
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Listed by: LARRY DAUGHTRY, RE/MAX SIGNATURE REALTY
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP465877
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP465877
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