$240,000
●
House -
For Sale
129 Cavalier Drive
Raeford, NC 28376
3 Beds
2 Baths
1,183 Ft²
$1,179
Est. Monthly
About This Property
Welcome to 129 Cavalier, an absolutely perfect starter home that
beautifully blends charming details with smart, modern updates.
Step inside to find a freshly updated kitchen boasting sleek
hard-surface countertops and all-new cabinet doors, creating a
clean and inviting space for cooking. The bright adjacent eating
area features sliding glass doors that open directly onto a newly
refinished back deck-the ideal spot for weekend barbecues or
enjoying your morning coffee in the fresh air. If you prefer to
relax out front, the welcoming front porch is ready for you,
complete with a special housewarming gift from the sellers: a
classic set of rocking chairs left just for the new owners!
Finished off with the peace of mind of a reliable 2018 HVAC system,
this move-in-ready gem is waiting for you to call it home.
Unit Size
1,183 Ft²
Days on Market
68 days
Land Size
-
Price per sqft
$203
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1998
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: 3 months ago (TMLS #LP766775)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2026 | Listed by EXP REALTY LLC | $240,000 | |
| Listed by EXP REALTY LLC | |||
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed by Mark Spain Real Estate | $219,900 | |
| Listed by Mark Spain Real Estate | |||
| | |||
|
Nestled in a peaceful small-town neighborhood, this delightful ranch-style home welcomes you with a cozy front porch, perfect for enjoying quiet mornings. Step inside to discover beautiful LVP floors that flow through the main living areas, while plush carpet adds warmth to the three spacious bedrooms. The inviting living room features a fireplace, creating the perfect space for relaxation. The bright, modern kitchen boasts sleek white cabinets, stunning quartz countertops, and plenty of space for meal prep and storage. With 2 bathrooms, including a well-appointed master bath, this home offers convenience and comfort. Outside, the large fenced backyard is ideal for entertaining, complete with a deck for outdoor dining and a safe space for pets or play. A two-car garage provides ample parking and storage, making this home a true gem in a quiet setting.
| |||
| Mar 25, 2020 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Appliances: Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
Flooring Type: Hardwood, Luxury Vinyl, Tile, Vinyl
Laundry Features: In Garage
Rooms: 5
Has Fireplace
Fireplace Features: Masonry
Fireplaces: 1
Exterior Details
Square Footage: 1183
Architectural Style: Ranch
Year Built: 1998
Building Area Total: 1183
Window Features: Blinds, Insulated Windows
Patio and Porch Features: Covered, Deck, Front Porch
Utilities Details
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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ft²
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About Hoke
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Listed by: WENDY WIEGAND, EXP REALTY LLC
Last Updated: 3 months ago
Data Source: TMLS, MLS# LP766775
Last Updated: 3 months ago
Data Source: TMLS, MLS# LP766775
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
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