$275,000
↓ $20K (6.8%)
●
House -
For Sale
161 Tupelo Drive
Spring Hope, NC 27882
3 Beds
2 Baths
1,554 Ft²
$1,486
Est. Monthly
$135
HOA / Fees
About This Property
Ask about a rate buy down and save on your monthly payment! Call
the Listing Agent for details! Move-in ready, better than new, easy
living one floor home is located on a quiet cul-de-sac in a great
neighborhood! Open, spacious & bright floor plan features easily
maintained LVP flooring throughout main living areas. The chef's
kitchen features white cabinets, granite countertops, stainless
appliances, center island, pantry & breakfast area. Primary suite
boasts dual sink vanity, quartz countertop, oversized walk-in
shower & huge walk-in closet. Both secondary bedrooms feature
walk-In closets as well. Pull down attic provides extra
storage. The covered rear patio overlooks flat back yard.
Great location close to Spring Hope Community Park, Spring
Hope Elementary School and convenient to Raleigh and Rocky Mount.
Unit Size
1,554 Ft²
Days on Market
171 days
Land Size
0.38 acres
Price per sqft
$177
Property Type
House
Property Taxes
-
HOA Dues
$135
Year Built
-
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: 7 days ago (TMLS #10165394)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 21, 2026 | Price Decreased |
$275,000
↓ $20K
(6.8%) | |
| Price Decreased | |||
| May 7, 2026 | Listed by Spencer Properties | $295,000 | |
| Listed by Spencer Properties | |||
| Jul 16, 2025 | Sold | ||
| Sold | |||
| Jun 11, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Listed by Re/MaxDiamond Realty | $279,999 | |
| Listed by Re/MaxDiamond Realty | |||
| | |||
|
Beautiful New construction 3bedroom 2 bath home. Home offers Granite counters in Kitchen and Stainless Steel Appliances. Quartz counters in bathrooms. Master bedroom with ensuite and WIC. This home is a must see and won't last long. Seller is offering $5000 in flex cash. Estimated completion is the end of June.
| |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage, Garage Faces Front
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Double Vanity, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s), Bathtub/Shower Combination, Separate Shower, Shower Only, Walk-In Shower
Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Water Heater
Flooring Type: Carpet, Concrete, Wood
Laundry Features: Laundry Room, Main Level
Rooms: 5
Exterior Details
Square Footage: 1554
Security Features: Smoke Detector(s)
Architectural Style: Ranch
Year Built: 2025
Building Area Total: 1554
Levels: One
Window Features: Blinds
Construction Materials: Concrete, Vinyl Siding
Patio and Porch Features: Covered, Front Porch, Porch, Rear Porch
Lot Features: Cleared, Level
Lot Size Area: 0.38
Lot Size Units: Acres
Lot Size Acres: 0.38
Lot Size Square Feet: 16552.8
Water Source: Public
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric, Heat Pump
Heating Type: Electric, Forced Air, Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA/Condo/Coop Amenities: Maintenance Grounds
HOA Fee: $135
HOA Fee Frequency: Quarterly
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 Nash
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Listed by: Jennifer Spencer, Spencer Properties
Last Updated: 7 days ago
Data Source: TMLS, MLS# 10165394
Last Updated: 7 days ago
Data Source: TMLS, MLS# 10165394
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