$160,000
●
Mobile Manufactured -
In Contract
124 Franklin Road
Raeford, NC 28376
3 Beds
2 Baths
1,244 Ft²
$786
Est. Monthly
About This Property
Absolutely beautiful home for Sale in Hoke County. 3 bedrooms 2
Full baths. All bedrooms have large walkin closets. New carpet and
Luxury Vinyl flooring. Freshly painted interior. Cold AC! Lots of
cabinets and nice pantry in kitchen area. Huge yard with extra
fenced area for pets or simply to enjoy! Appx 8 minutes to Jack
Britt High school area. Close to Fayetteville. Shopping areas
nearby. This located in the Rockfish area. Broker has interest.
Easy access to I295! Call for an appointment. Easy to show!
$175,000.
Unit Size
1,244 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$129
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
2001
Listed By
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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: 21 days ago (TMLS #LP769197)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2026 | In contract | - | |
| In contract | |||
| Sep 25, 2026 | Price Decreased |
$160,000
↓ $10K
(5.9%) | |
| Price Decreased | |||
| Sep 22, 2026 | Price Increased |
$170,000
↑ $100
(0.1%) | |
| Price Increased | |||
| Sep 15, 2026 | Price Decreased |
$169,900
↓ $5K
(2.9%) | |
| Price Decreased | |||
| Sep 11, 2026 | Listed by INSPIRED BY DESIRE REAL ESTATE | $175,000 | |
| Listed by INSPIRED BY DESIRE REAL ESTATE | |||
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Property Highlights
Air Conditioning
Fireplace
Parking Details
Parking Features: None
Interior Details
Full Bathrooms: 2
Interior Features: Double Vanity, Eat-in Kitchen, Kitchen Island, Walk-In Closet(s), Kitchen/Dining Room Combination, Separate Shower
Appliances: Microwave, Range, Refrigerator
Flooring Type: Carpet, Vinyl
Rooms: 5
Fireplace Features: None
Basement: Crawl Space
Exterior Details
Square Footage: 1244
Security Features: Fire Alarm
Architectural Style: Ranch
Year Built: 2002
Building Area Total: 1244
Lot Size Area: 0.46
Lot Size Units: Acres
Lot Size Acres: 0.46
Lot Size Square Feet: 20037.6
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Heat Pump
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Hoke
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Listed by: NAKYSHAE MCCALLOP, INSPIRED BY DESIRE REAL ESTATE
Last Updated: 21 days ago
Data Source: TMLS, MLS# LP769197
Last Updated: 21 days ago
Data Source: TMLS, MLS# LP769197
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