$205,000
●
House -
Off Market
117 Mars Drive
Dunn, NC 28334
3 Beds
1 Bath,
1
Half Bath
1,223 Ft²
$1,141
Est. Monthly
10.62%
Cap Rate
About This Property
Welcome to 117 Mars Drive, a beautifully refreshed 3-bedroom,
1.5-bath home offering just under 1,300 sqft of comfortable living
space on a .22-acre lot.
Key Features & Updates
New Cabinets & Countertops - modern and stylish kitchen updates
Fresh Interior & Exterior Paint - bright, clean, and move-in ready
New Bathroom Vanities & Plumbing Fixtures - functional and contemporary finishes
Resurfaced Tub - with 1-year warranty for peace of mind
Serviced Roof - maintained for long-term durability
Brand New HVAC System - efficiency and comfort year-round
New Back Deck - perfect for outdoor entertaining and relaxation
Location & Lifestyle
Located in the heart of Dunn, this property offers convenient access to shopping, dining, and recreation.
Downtown Dunn - local boutiques, cafes, and events just minutes away
Nearby Parks & Recreation - enjoy walks, sports, and outdoor activities at Clarence Lee Tart Memorial Park and Tyler Park
Easy Commute - close to I-95 and Hwy 421 for quick trips to Raleigh, Fayetteville, and surrounding areas
Key Features & Updates
New Cabinets & Countertops - modern and stylish kitchen updates
Fresh Interior & Exterior Paint - bright, clean, and move-in ready
New Bathroom Vanities & Plumbing Fixtures - functional and contemporary finishes
Resurfaced Tub - with 1-year warranty for peace of mind
Serviced Roof - maintained for long-term durability
Brand New HVAC System - efficiency and comfort year-round
New Back Deck - perfect for outdoor entertaining and relaxation
Location & Lifestyle
Located in the heart of Dunn, this property offers convenient access to shopping, dining, and recreation.
Downtown Dunn - local boutiques, cafes, and events just minutes away
Nearby Parks & Recreation - enjoy walks, sports, and outdoor activities at Clarence Lee Tart Memorial Park and Tyler Park
Easy Commute - close to I-95 and Hwy 421 for quick trips to Raleigh, Fayetteville, and surrounding areas
Unit Size
1,223 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$171
Property Type
House
Property Taxes
$111
HOA Dues
-
Year Built
1977
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Cap Rate Calculator
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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: 11 months ago (TMLS #10121184)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Oct 31, 2025 | Price Decreased |
$209,500
↓ $10K
(4.3%) | |
| Price Decreased | |||
| Sep 11, 2025 | Listed by eXp Realty, LLC - C | $219,000 | |
| Listed by eXp Realty, LLC - C | |||
| Aug 4, 2021 | No longer available | - | |
| No longer available | |||
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Dunn
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Listed by: Adam Noe, eXp Realty, LLC - C
Last Updated: 11 months ago
Data Source: TMLS, MLS# 10121184
Last Updated: 11 months ago
Data Source: TMLS, MLS# 10121184
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