$191,500
●
House -
Off Market
1213 Freeman Drive
Sanford, NC 27330
3 Beds
1 Bath
988 Ft²
$1,095
Est. Monthly
About This Property
Cute as a button Ranch located in the HEART of Sanford. Features a
stunning kitchen with shaker cabinets, granite countertops, tile
backsplash, and stainless steel appliances. New interior and
paint and plush carpet. New roof, windows, siding, WH.
Conveniently located near local shops, restaurants and everything
Downtown Sanford has to offer! Staged for illustration only, to
show homes potential.
Unit Size
988 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$197
Property Type
House
Property Taxes
$138
HOA Dues
-
Year Built
1980
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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: 7 months ago (TMLS #10142795)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 4, 2026 | Sold | ||
| Sold | |||
| Feb 17, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Listed by Northside Realty Inc. | $194,900 | |
| Listed by Northside Realty Inc. | |||
| Aug 21, 2025 | Price Decreased |
$199,000
↓ $1K
(0.5%) | |
| Price Decreased | |||
| Aug 8, 2025 | Listed | $200,000 | |
| Listed | |||
| | |||
|
Cute as a button Ranch located in the HEART of Sanford. Features a stunning kitchen with shaker cabinets, granite countertops, tile backsplash, and stainless steel appliances. New interior and paint and plush carpet. New roof, windows, siding, WH. Conveniently located near local shops, restaurants and everything Downtown Sanford has to offer! Staged for illustration only, to show homes potential.
| |||
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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 Sanford
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Listed by: Stephanie Anson, Northside Realty Inc.
Last Updated: 7 months ago
Data Source: TMLS, MLS# 10142795
Last Updated: 7 months ago
Data Source: TMLS, MLS# 10142795
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