Caswell
175 Frank Smith Road
$191,499
●
Mobile Manufactured -
Off Market
175 Frank Smith Road
Leasburg, NC 27291
3 Beds
2 Baths
1,620 Ft²
$968
Est. Monthly
11.45%
Cap Rate
About This Property
MOTIVATED SELLER!!! PRICE IMPROVEMENT!!! ALL REASONABLE
OFFERS CONSIDERED. Situated in a serene setting is this
charming 3-bedroom, 2-bath manufactured home nestled on 1.46-acres
of land. The interior effortlessly blends modern comforts with a
welcoming ambiance. Venture outdoors, and you're greeted by a
refreshing, low maintenance, above-ground saltwater pool-ideal for
those lazy summer dips. For pet enthusiasts, the property boasts a
durable kennel, ensuring your furry friends have a place of their
own. Not to be missed is the versatile workshop nestled in the
backyard, a haven for DIYers and hobbyists alike. Here, amidst the
gentle whispers of nature, you discover not just a home, but a
sanctuary where every element is tailored for leisure and
convenience. A true haven where peace meets practicality.
Unit Size
1,620 Ft²
Days on Market
-
Land Size
1.46 acres
Price per sqft
$114
Property Type
Mobile Manufactured
Property Taxes
$59
HOA Dues
-
Year Built
2005
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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: 2 years ago (TMLS #2538097)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 22, 2024 | Sold | ||
| Sold | |||
| Dec 8, 2023 | No longer available | - | |
| No longer available | |||
| Dec 3, 2023 | Listed by Keller Williams One | $184,999 | |
| Listed by Keller Williams One | |||
| | |||
|
MOTIVATED SELLER!!! PRICE IMPROVEMENT!!! ALL REASONABLE OFFERS CONSIDERED. Situated in a serene setting is this charming 3-bedroom, 2-bath manufactured home nestled on 1.46-acres of land. The interior effortlessly blends modern comforts with a welcoming ambiance. Venture outdoors, and you're greeted by a refreshing, low maintenance, above-ground saltwater pool--ideal for those lazy summer dips. For pet enthusiasts, the property boasts a durable kennel, ensuring your furry friends have a place of their own. Not to be missed is the versatile workshop nestled in the backyard, a haven for DIYers and hobbyists alike. Here, amidst the gentle whispers of nature, you discover not just a home, but a sanctuary where every element is tailored for leisure and convenience. A true haven where peace meets practicality. The manager has listed the unit size as 1620 square feet.
| |||
| Oct 19, 2023 | Listed by KELLER WILLIAMS ONE | $184,999 | |
| Listed by KELLER WILLIAMS ONE | |||
Property Highlights
Air Conditioning
Fireplace
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 Caswell
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Rhonda V Ballentine, KELLER WILLIAMS ONE
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2538097
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2538097
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